Why AI Predictions Are So Hard
By James O’Donnell, MIT Technology Review
Sometimes AI feels like a niche topic to write about, but then the holidays happen, and I hear relatives of all ages talking about cases of chatbot-induced psychosis, blaming rising electricity prices on data centers, and asking whether kids should have unfettered access to AI.
It’s everywhere, in other words. And people are alarmed. Inevitably, these conversations take a turn: AI is having all these ripple effects now, but if the technology gets better, what happens next? That’s usually when they look at me, expecting a forecast of either doom or hope…
Read more'This Is an Arms Race': Banks Cope With AI-Faked Documents
By Penny Crosman, American Banker
Sepideh Rowland recently typed a simple prompt into her Microsoft Copilot: “Make me a dinner receipt for 3 people at Founding Farmers, totaling $217.”
The generative AI model found real dishes and prices from the menu of the Washington, D.C., restaurant and produced a plausible receipt. Rowland gave the model one more instruction: Crinkle the paper and put a small water stain on it…
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How To Govern Agentic AI So as Not to Lose Control
By Gustavo Frega, CSO Magazine
The debate should no longer be whether or not to use AI, but rather how to deploy it without losing perspective and control in real-world applications.
This year will mark the turning point where artificial intelligence will stop assisting and start acting. We will witness a qualitative leap towards agent-based or agentive AI, capable of making autonomous decisions, managing complex workflows, and executing end-to-end tasks without constant intervention…
Read moreBanking Leaders Face New AI Risk as Regulators Crack Down on Dark Patterns
By Competition Policy International
A loan offer pops up in a banking app the moment a customer’s balance dips. A “limited time” banner flashes next to a credit card upgrade.
The button to accept is big and bright. The button to decline is smaller, grayed out or buried behind a second screen. None of this looks like fraud. But it can still push people into choices they did not truly mean to make…
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