IT Executive news

Eight European consumer watchdogs file complaints over Meta’s data processing

29-02-2024 22:08

Eight European consumer organizations have filed complaints against Facebook parent Meta accusing it of breaching the EU’s General Data Protection Regulation (GDPR) with its so-called “pay-or-consent” policy and opaque internal policies.The organizations are all members of BEUC, the European Consumer Organization. Their complaints, publicized Thursday, argue that the large-scale consumer data collection practiced by Meta violates the GDPR, and that the company has abused

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Google can’t guarantee its Gemini genAI tool won’t be biased

29-02-2024 20:00

Even after Google fixes its large language model (LLM) and gets Gemini back online, the generative AI (genAI) tool may not always be reliable — especially when generating images or text about current events, evolving news, or hot-button topics.“It will make mistakes,” the company wrote in a mea culpa posted last week. “As we’ve said from the beginning, hallucinations are a known challenge with all LLMs — there are instances where the AI just gets th

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Pharmaniaga disbands executive committee as it appoints Zulkifli Jafar as ED to drive its turnaround - The Edge Malaysia

29-02-2024 19:15 via news.google.com

Pharmaniaga disbands executive committee as it appoints Zulkifli Jafar as ED to drive its turnaround The Edge Malaysia

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Apple CEO Tim Cook: 'GenAI will redefine the future'

29-02-2024 18:55

With Vision Pro out the door and the recent cancellation of work on a car, it’s becoming crystal clear that Apple is shifting huge resources into its forthcoming introduction of something like generative AI (genAI).This is a big deal — so big that Apple CEO Tim Cook once again discussed it during the company’s most recent annual shareholder’s meeting.To read this article in full, please click here

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The ROI in AI (and how to find it)

29-02-2024 12:00

By 2030, companies will spend $42 billion a year on generative artificial intelligence (genAI) projects such as chatbots, research, writing, and summarization tools. And while the technology has been heralded as a boon to productivity, nailing down a return on investment (ROI) in genAI could prove to be elusive.“Capturing and measuring the exact productivity improvements has been a challenge for many of our clients,” said Rita Sallam, a distinguished vice president analyst

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