Tag: Artificial intelligence

AIBusiness

Wall Street Underestimating AI’s Industry-Disrupting Potential, Blackstone Warns

Blackstone’s president Jonathan Gray has declared artificial intelligence risk assessment the firm’s top priority when evaluating investments. According to reports, Wall Street investors are underestimating AI’s potential to disrupt entire industries, with Gray comparing the looming changes to the taxi industry’s upheaval from ride-hailing apps.

Wall Street’s AI Complacency Warning

Wall Street investors are significantly underestimating the disruptive potential of artificial intelligence across entire industries, according to reports from Blackstone president Jonathan Gray. Speaking at the Financial Times Private Capital Summit in London, Gray stated that AI’s impact has become “top of our list” when the firm evaluates potential deals and investment risks.

by Natalie Brooks
AITechnology

Researchers Explore Potential For AI To Evolve Into Unfamiliar Forms Of Intelligence

Artificial intelligence researchers are exploring the possibility that future AI systems might create intelligence forms completely alien to human understanding. According to analysts, this alien artificial intelligence could either surpass human capabilities or develop along entirely different evolutionary paths. The emergence of such intelligence raises profound questions about technological development and existential risk.

The Evolution Beyond Conventional AI

Artificial intelligence researchers are examining a provocative possibility: that advanced AI systems might eventually spawn entirely new forms of intelligence fundamentally different from human cognition. According to reports, this concept of “alien artificial intelligence” represents a potential future where machines develop cognitive capabilities that operate on principles completely foreign to human understanding.

by Darren Holt
PolicyTechnology

UK Lawmakers Warn of Repeat Civil Unrest Without Action on Viral Misinformation

British MPs are sounding alarms that failure to address online misinformation and AI-generated content could lead to repeated civil disturbances. The science and technology committee claims current regulations don’t adequately cover emerging threats from social media algorithms and digital advertising systems.

Parliamentary Committee Issues Stark Warning

According to reports from the Commons science and technology select committee, the United Kingdom faces imminent risk of repeated civil unrest unless the government takes stronger action against online misinformation. The committee chair, Chi Onwurah, has accused ministers of complacency regarding social media content that could trigger public disturbances similar to the 2024 summer riots.

by Sarah Collins
AIFinance

Corporate Treasuries Accelerating AI Integration Despite Data Hurdles, Citi Study Reveals

Corporate treasury departments are increasingly embracing generative AI despite significant data quality challenges, according to a new Citi report. The study reveals nearly 60% of treasurers have identified practical AI applications, with 40% planning investment increases within two years. However, fragmented data remains the primary barrier to effective implementation.

AI Momentum Builds in Corporate Treasury Functions

Corporate treasury departments worldwide are accelerating their adoption of artificial intelligence technologies, particularly generative AI, according to recent analysis from Citi. The banking giant’s global survey of 75 corporate treasuries across multiple industries and regions indicates a clear directional shift toward AI integration despite ongoing implementation challenges.

by Darren Holt
ManufacturingTechnology

Manufacturers Turn to External IT Partnerships to Overcome Digital Transformation Hurdles

Mid-market manufacturers are increasingly relying on external IT partnerships to navigate digital transformation challenges. With ransomware attacks intensifying and AI projects faltering, companies are finding strategic advantages through specialized technology partnerships that bridge critical resource gaps.

Manufacturing’s Digital Transformation Dilemma

Mid-market manufacturers are navigating a complex technological landscape where digital transformation has become essential for survival, yet internal resources often fall short of meeting escalating demands. According to reports, companies are increasingly turning to external information technology expertise to bridge critical gaps in their modernization efforts. This strategic shift comes as manufacturers face what analysts suggest is a perfect storm of challenges: tightening budgets, scarce technical talent, and increasingly sophisticated cyber threats.

by Sarah Collins