This week the world had its business tech roundup and a lot of new things emerged, making people realize a lot of different things of significance, creating an impact on the businesses. From the business tech roundup, here are the three most important things -
1. OpenAI Gives a Warning
OpenAI has launched its newest model, 01 and it was rated at “medium” risk by the company. The rating was due to the fear of misuse in the areas of biological threats such as chemical weapons. Although it does not enable actors to create any kind of threats, it could be a potential help for experts to accelerate harmful research. This new model showcases advanced manipulation and reasoning skills that raise quite a bit of safety concern. Experts are now urging for AI safety regulations to address these issues like California's AI Bill.
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How is This Important for Your Business -
So many things are like are based on risks and rewards and AI is one of them. We all can see and realize the benefits this technology is bringing to the world, and both in everyone’s personal and professional lives. However, the world and experts are also aware of the risks it possesses. Starting from deep fakes to random misinformation, they constantly pose challenges and threats to security and safety with the technology becoming smarter with each passing day. This risk/reward decision is already being made for us by the big tech companies and that is the greater risk for society. What presents an even bigger threat is that government can do little to eliminate it.
2. NVIDIA and Salesforce Announce New Collaboration
Salesforce and NVIDIA have recently announced they are collaborating. The two companies are forming a strategic partnership to enhance the capabilities of Artificial Intelligence for business. NVIDIA's AI platform will be combined with Salesforce's platform in this partnership and the combination will optimize predictive and generative AI workflows. This collaboration aims to improve productivity through the help of AI agents that include human-like avatar interactions using NVIDIA ACE and Agentforce technologies. In the meantime, Salesforce is also making a significant effort to train its users on Artificial Intelligence through its Trailhead platform. There is a million initiative that will offer free AI courses and credentials for its users. The program is called "AI for All" and it is designed to boost skills in AI. The program is also focused on democratizing access to AI education. The training will be available through the end of next year, 2025.
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How is This Important for Your Business -
Marc Benioff, the CEO of Salesforce has previously publicly shown his disappointment with Microsoft and its AI offerings. On the other hand, Salesforce’s own AI features have gained positive responses. This is why the company is now doubling down. These recent investments and partnerships would accelerate the implementation and use of Artificial Intelligence for its users.
3. Introduction of Intuit Enterprise Suite
Intuit has launched a new wing, the Intuit Enterprise Suite (IES). It is an all-in-one solution that is tailored to businesses operating at the mid-market level. The solution includes payroll, marketing, financial management, project management, and even AI-powered insights that enhance productivity and the business’s profitability. The new venture aims to provide real-time business intelligence, streamline operations, and reduce manual tasks.
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How is This Important for Your Business -
This new product line by Intuit is the company's play to go after mid-sized enterprises and companies. It addresses the age-old problem that has challenged so many organizations, why cannot we have one system that does it all? It is no longer a small business venture.
