It’s Wednesday. Hello, and welcome to the middle of the week! Today we’re taking a look at whether voluntary AI safety commitments have merit, the state of tech talent, and what really makes a task “menial” (and therefore suitable for AI to take over)?
In today’s edition:
—Maeve Allsup, Natasha Piñon, Annie Saunders
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Francis Scialabba
The European Union might be making strides toward regulating artificial intelligence (with passage of the AI Act expected by the end of the year), but the US government has largely failed to keep pace with the global push to put guardrails around the technology.
The White House, which said it “will continue to take executive action and pursue bipartisan legislation,” introduced an interim measure last week in the form of voluntary commitments for “safe, secure, and transparent development and use of AI technology.”
Amazon, Anthropic, Google, Inflection, Meta, Microsoft, and OpenAI agreed to “prioritize research on societal risks posed by AI systems” and “incent third-party discovery and reporting of issues and vulnerabilities,” among other things.
But according to academic experts, the agreements fall far short.
Keep reading here.—MA
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The tech landscape may be changing (if the seemingly endless layoff headlines are anything to go by) but the demand for tech talent is still high, and according to new data from Indeed, tech workers themselves still have the power to make demands.
A survey conducted by the hiring platform along with global insights agency Skim found that 70% of tech workers had more than one offer on the table when they landed their current role, and that 67% of job hunters want to work for “established companies” over startups.
Tech workers have come to expect a certain level of transparency, and lack of details can affect whether they hit “apply.” According to Indeed, tech workers are most interested in job listings that give detailed information about salary and benefits, and the top reason cited for not completing an application is insufficient information about compensation.
And there’s one area in which tech may have a head start when it comes to attracting talent: employee well-being.
Keep reading here.—MA
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Andreypopov/Getty Images
Ask any CFO what excites them most about artificial intelligence, and you’ll get a similar answer: no more menial tasks and mindless data entry. But after that, try a trickier question: Which tasks are truly menial?
As finance departments start to implement AI into their workflows, this question will be debated and litigated ad nauseam. We’re just at the start, but for now, AI’s first stop in the finance department seems to fall somewhere within manual accounting tasks, according to many CFOs.
“Anything that is currently manual entry is a prime target, and I would say rightfully so…for automation,” Glenn Hopper, CFO and director at Eventus Advisory Group, told CFO Brew. “Those tasks are error-prone.”
Keep reading here.—NP
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Stat: 13.5%. That's the office vacancy rate in Manhattan, one of many tech hubs hit hard by layoffs and a shift to remote work. But things in the Big Apple aren't as bad as they are on the left coast; San Francisco boasts a 25.6% office vacancy rate, the New York Times reported, citing Newmark Research.
Quote: “My first reaction was, ‘Is this a joke?’...Honestly, I think it’s idiotic. From a branding point of view and a marketing point of view, it just seems like a crazy idea.”—Matt Egan, managing director of strategy at brand experience firm Siegel+Gale, to Marketing Brew on Twitter’s rebrand
Read: Does Sam Altman know what he’s creating? (The Atlantic)
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Written by
Maeve Allsup, Natasha Piñon, and Annie Saunders
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