This week’s news has been focused on the increasing use of artificial intelligence (AI) in various industries. It’s clear that AI is becoming a transformative force, particularly in the payments industry and business operations. However, there are growing concerns about the safety and regulation of AI. One immediate issue that requires attention is the need for better prompts for generative AI, as large language models struggle to self-correct and give the right answers from the start.

The launch of new AI chatbots and the development of emerging types of AI also raise questions about the safety and ethical use of these technologies. The world’s first AI Safety Institute has been launched in the UK, highlighting the growing focus on testing the safety of AI. Additionally, the use of AI in cybersecurity is a topic of interest, with discussions about the potential cybersecurity implications of AI advancements.

As AI continues to play a significant role in various industries, it’s crucial to address the potential risks and ensure that AI technologies are developed and used in a safe and ethical manner. The need for better regulation and safety measures for AI is becoming increasingly urgent as its use becomes more widespread.

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