Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wp-plugin-hostgator domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the ol-scrapes domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893
{"id":35904,"date":"2023-06-24T21:37:09","date_gmt":"2023-06-24T21:37:09","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/06\/24\/this-week-in-ai-big-tech-bets-billions-on-machine-learning-tools\/"},"modified":"2023-06-24T21:37:10","modified_gmt":"2023-06-24T21:37:10","slug":"this-week-in-ai-big-tech-bets-billions-on-machine-learning-tools","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/06\/24\/this-week-in-ai-big-tech-bets-billions-on-machine-learning-tools\/","title":{"rendered":"This week in AI: Big tech bets billions on machine learning tools"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/06\/24\/this-week-in-ai-big-tech-bets-billions-on-machine-learning-tools\/<\/a><\/br>
\nThis week in AI: Big tech bets billions on machine learning tools<\/br>
\n2023-06-24 21:37:09<\/br><\/p>\n

\n

Keeping up with an industry as fast-moving as\u00a0AI<\/a>\u00a0is a tall order. So until an AI can do it for you, here\u2019s a handy roundup of the last week\u2019s stories in the world of machine learning, along with notable research and experiments we didn\u2019t cover on their own.<\/p>\n

If it wasn\u2019t obvious already, the competitive landscape in AI \u2014 particularly the subfield known as generative AI \u2014 is red-hot. And it\u2019s getting hotter. This week, Dropbox launched its first corporate venture fund, Dropbox Ventures<\/a>, which the company said would focus on startups building AI-powered products that \u201cshape the future of work.\u201d Not to be outdone, AWS debuted<\/a> a $100 million program to fund generative AI initiatives spearheaded by its partners and customers.<\/p>\n

There\u2019s a lot of money being thrown around in the AI space, to be sure.\u00a0Salesforce Ventures, Salesforce\u2019s VC division,\u00a0plans<\/a>\u00a0to pour $500 million into startups developing generative AI technologies. Workday\u00a0recently<\/a> added $250 million to its existing VC fund specifically to back AI and machine learning startups. And Accenture and PwC have announced that they plan to invest $3 billion and $1 billion, respectively, in AI.<\/p>\n

But one wonders whether money is the solution to the AI field\u2019s outstanding challenges.<\/p>\n

In an enlightening panel during a Bloomberg conference<\/a> in San Francisco this week, Meredith Whittaker, the president of secure messaging app Signal, made the case that the tech underpinning some of today\u2019s buzziest AI apps is becoming dangerously opaque. She gave an example of someone who walks into a bank and asks for a loan.<\/p>\n

That person can be denied for the loan and have \u201cno idea that there\u2019s a system in [the] back probably powered by some Microsoft API that determined, based on scraped social media, that I wasn\u2019t creditworthy,\u201d Whittaker said. \u201cI\u2019m never going to know [because] there\u2019s no mechanism for me to know this.\u201d<\/span><\/p>\n

It\u2019s not capital that\u2019s the issue. Rather, it\u2019s the current power hierarchy, Whittaker says.<\/p>\n

\u201cI\u2019ve been at the table for like, 15 years, 20 years. I\u2019ve been<\/em> at the table. Being at the table with no power is nothing,\u201d she continued.<\/p>\n

Of course, achieving structural change is far tougher than scrounging around for cash \u2014 particularly when the structural change won\u2019t necessarily favor the powers that be. And Whittaker warns what might happen if there isn\u2019t enough pushback.<\/p>\n

As progress in AI accelerates, the societal impacts also accelerate, and we\u2019ll continue heading down a \u201chype-filled road toward AI,\u201d she said, \u201cwhere that power is entrenched and naturalized under the guise of intelligence and we are surveilled to the point [of having] very, very little agency over our individual and collective lives.\u201d<\/p>\n

That should<\/em> give the industry pause. Whether it actually will<\/em> is another matter. That\u2019s probably something that we\u2019ll hear discussed when she takes the stage at Disrupt in September.<\/p>\n

Here are the other AI headlines of note from the past few days:<\/p>\n