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Tag: AI

Reflecting on 2023, looking forward to 2024

As we bid farewell 2023, we can’t help but marvel at the incredible journey it has been for us at STEP Software.  This year has unfolded with moments of triumph, growth, and innovation that have shaped our narrative and set the stage for an even more promising future. Join us as we reflect on the milestones that defined our 18th year in business and cast an eager gaze into the horizon of 2024.  As we navigated the shifting landscape of work, embracing what some might call the “new normal”, we have been able to freely gather with clients and colleagues again, we proudly launched our revamped...

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As business concerns over AI ethics continue to worsen, new best practices emerge

EARLY AND BUGGY Since ChatGPT was first made available for public consumption in late 2022, it has served as the poster child for the generative AI revolution. It has also become something of a proving ground for millions of AI newbies still trying to figure out how all of this applies to them. But like any new technology, it comes with its own dark side. AI chatbots tend to “hallucinate”. Also known as going rogue, they can just as easily return outright lies the longer we interact with them. These imperfections are largely based on the fact that their training methods often...

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Artificial Intelligence glossary: the top 15 definitions you need to know

IT’S ALL ABOUT THE DEFINITION Algorithm “An algorithm is a procedure used for solving a problem or performing a computation. Algorithms act as an exact list of instructions that conduct specified actions step by step in either hardware- or software-based routines.” Source: TechTarget Artificial Intelligence (AI) “At its simplest form, artificial intelligence is a field, which combines computer science and robust datasets, to enable problem-solving. It also encompasses sub-fields of machine learning and deep learning, which are frequently mentioned in conjunction with...

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Developers are already using ChatGPT to write code and save time. Should you?

JACK OF ALL TRADES, MASTER OF… In the months since ChatGPT was released to the public, millions of users worldwide have rolled up their sleeves to see what it can do. In addition to writing articles and term papers, it can compose music and poetry, play trivia games, update your resume, generate recipes, tweak your fitness plan, solve math problems, and even plan a birthday party. It can also generate code. Or tweak existing code. Or debug it. Which understandably makes software developers nervous. After all, if anyone can ask a bot to write code, what happens to the...

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Geoffrey Hinton’s resignation from Google is AI’s canary in a coal mine

GROWING CONSENSUS Hinton resigned from Google last week, saying AI could pose a more urgent threat to humanity than climate change. He said he wanted to speak out on these risks without worrying about damaging his now-former employer’s reputation. The timing of Hinton’s resignation – so soon after the release of an open letter from the Future of Life Institute, signed by over 1,000 top industry researchers, which called for a 6-month moratorium on testing next-generation large language models – is no coincidence. It signals a growing momentum among scientists and researchers...

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Tech leaders pen letter demanding AI pause: are we moving too quickly?

WHAT THEY’RE ASKING FOR The letter, Pause Giant AI Experiments: An Open Letter, was published by the Future of Life Institute, a non-profit organization partially backed by Elon Musk. It says, “Powerful AI systems should be developed only once we are confident that their effects will be positive and their risks will be manageable.” The signees are asking all AI research labs to halt, for at least 6 months, the training of any AI tool that is considered more powerful than the current state-of-the-art, GPT-4. They suggest using the pause to build and implement common safety...

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AI chatbots go next-level – and productivity apps are their next target

EVERYTHING CHANGED As we wrote about recently, ChatGPT’s arrival marked a significant inflection point in the tech industry, as it represented the general public’s first direct exposure to a full-on AI-based platform. Up until now, these technologies largely existed in labs. The global release of ChatGPT turned this once-sci-fi-seeming technology into an everyday reality as millions of regular folks logged in and tried it out. ChatGPT’s public debut has understandably spurred a flurry of activity among major tech companies as they jockey for position in this chaotically accelerating space. Much...

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ChatGPT’s arrival reinforces the need to embrace – not ban – AI chatbots

WELCOME TO THE NEXT REVOLUTION Artificial Intelligence (AI) has been one of those on-the-horizon technologies for what seems like forever. But public interest and engagement has been somewhat limited. That’s largely because it’s been accessible mostly to developers, researchers, and laboratories. OpenAI’s decision to release ChatGPT to the public in November seems to have changed the game markedly. By opening up its consumer-friendly chatbot to everyday users, the organization, co-founded by Elon Musk, has sparked a global explosion of interest. At the same time, all this...

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Privacy Concerns: New Technology to Grade Meetings Through Surveillance of Attendees

HOW IT WORKS Using sensors, cameras, and software algorithms, Microsoft’s “Meeting Insight Computing System” (MICS) will collect data on each meeting participant’s body language, expressions, and participation level. MICS will also track how much time attendees spend on activities that are not meeting-related, such as texting or reading email. For remote meeting participants, MICS factors in whether or not they activate their cameras. The system will also take environmental factors into consideration, including the temperature and level of noise in a meeting room....

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10 Ways Artificial Intelligence Will Change Business

1. NEW CAPABILITIES WILL GET ADDED TO EXISTING JOB ROLES Despite all the hype about AI eliminating millions of jobs, most human jobs will be fine. For example, before 2020, AI has created 2.3 million new jobs while only eliminating 1.8 million jobs. According to experts, AI removes repetitive tasks to allow employees to focus on more productive tasks. Therefore, new roles are being created for human workers to perform that increase productivity. 2. COMPANIES WILL HIRE MORE AI PROFESSIONALS In addition to most human jobs being safe, many businesses will have to hire more AI professionals....

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