Iurii Milovanov, SoftServe: How AI/ML is helping boost innovation and personalisation

Iurii Milovanov, SoftServe

Could you tell us a little bit about SoftServe and what the company does?

Sure. We’re a 30-year-old global IT services and professional services provider. We specialise in using emerging state-of-the-art technologies, such as artificial intelligence, big data and blockchain, to solve real business problems. We’re highly obsessed with our customers, about their problems - not about technologies - although we are technology experts. But we always try to find the best technology...

15 May 2023 | Applications

EU committees green-light the AI Act

The Internal Market Committee and the Civil Liberties Committee of the European Parliament have endorsed new transparency and risk-management rules for artificial intelligence systems known as the AI Act.

This marks a major step in the development of AI regulation in Europe, as these are the first-ever rules for AI. The rules aim to ensure that AI systems are safe, transparent, traceable, and non-discriminatory.

After the vote, co-rapporteur Brando Benifei (S&D,...

11 May 2023 | Artificial Intelligence

AI ‘godfather’ warns of dangers and quits Google

Geoffrey Hinton, known as the "Godfather of AI," has expressed concerns about the potential dangers of AI and left his position at Google to discuss them openly.

Hinton, alongside two others, won the Turing Award in 2018 for laying the foundations of AI. He had been working at Google since 2013 but resigned to speak out about the fast pace of AI development and the risks it poses.

In an interview with The New York Times, Hinton warned that the rapid development of...

2 May 2023 | Artificial Intelligence

FTC Chairwoman: There is no ‘AI exemption’ to existing laws

FTC Chairwoman Lina Khan has warned that the US government will not hesitate to clamp down on harmful business practices involving AI.

Speaking at a virtual press event, Khan was joined by top officials from US consumer protection and civil rights agencies.

Together, the officials emphasised that regulators are committed to tracking and stopping any illegal behaviour associated with biased or deceptive AI tools.

Khan warned that, in addition to the...

26 April 2023 | Applications

Biden: AI can help with difficult challenges, but risks must be addressed

President Biden believes that AI can help solve some of the world's most difficult challenges, but says that risks to society, the economy, and national security must be addressed.

In a meeting on Tuesday with the President’s Council of Advisors on Science and Technology, President Biden said that “AI can help deal with some very difficult challenges like disease and climate change, but we also have to address the potential risks to our society, to our economy, to our national...

5 April 2023 | Applications

AI think tank calls GPT-4 a risk to public safety

An AI think tank has filed a complaint with the FTC in a bid to stop OpenAI from further commercial deployments of GPT-4.

The Center for Artificial Intelligence and Digital Policy (CAIDP) claims OpenAI has violated section five of the FTC Act—alleging the company of deceptive and unfair practices.

Marc Rotenberg, Founder and President of the CAIDP, said:

“The FTC has a clear responsibility to investigate and prohibit unfair and deceptive trade practices....

31 March 2023 | Applications

What will AI regulation look like for businesses?

Unlike food, medicine, and cars, we have yet to see clear regulations or laws to guide AI design in the US. Without standard guidelines, companies that design and develop ML models have historically worked off of their own perceptions of right and wrong. 

This is about to change. 

As the EU finalizes its AI Act and generative AI continues to rapidly evolve, we will see the artificial intelligence regulatory landscape shift from general, suggested frameworks to more...

24 March 2023 | Applications

Mozilla.ai picks up OpenAI’s founding mission

Mozilla's new startup will build "trustworthy" AI that benefits humanity. If that sounds familiar, it was OpenAI’s founding mission.

The startup, Mozilla.ai, aims to create an independent and open-source AI ecosystem that addresses society’s most pressing concerns about the rapidly-advancing technology.

Mark Surman, President of the Mozilla Foundation, wrote in a blog post:

“This new wave of AI has generated excitement, but also significant apprehension....

23 March 2023 | AGI

AI professionals seek job flexibility and stability over exciting perks

Research suggests that AI professionals looking for a new job prioritise flexibility and stability over exciting perks.

Despite recent high-profile layoffs, the wider talent shortage is ongoing. Organisations looking to attract, or retain, the best candidates are offering numerous unique benefits.

However, research from BenchSci finds that AI, machine learning, and data professionals are mostly looking for flexibility and stability in their future...

20 March 2023 | Enterprise

Editorial: UK puts AI at the centre of its Budget

British Chancellor Jeremy Hunt announced the country’s Spring Budget this week and supporting the AI industry was at the centre.

The UK is Europe’s AI leader. Indeed, behind the US and China, the country’s tech sector overall has the third-highest amount of VC investment in the world – more than Germany and France combined – and has produced more than double the number of $1 billion tech firms than any other European country.

Gerard Grech, CEO of Tech Nation,...

16 March 2023 | Artificial Intelligence