Connect with us

Published

on

close video What does the US need to gain the AI “edge” over China?

AI runs on an internet connection and whatever country can provide widespread broadband will have an advantage in the field, a Milken Institute director says.

Countries that invest in widespread broadband access and internet connectivity will gain an edge in AI technology, a financial tech director told Fox News. 

"We have an issue right now with broadband access," Nicole Valentine, the fintech director of the Center for Financial Studies at the Milken Institute, an economic think tank, said. "If we open up this divide of broadband, we open up the opportunities, then we can bring more people to the table, more solutions to the table, more ideas to the table." 

ChatGPT lists ways AI can help humanity. (Leon Neal/Getty Images / Getty Images)

AI programs such as ChatGPT, Stable Diffusion and AutoGPT require a stable internet connection to analyze data and create information for users. However, 19 million Americans — or 6% of the population — have below average speeds, according to a report from the Federal Communications Commission.EXPANDED BROADBAND ACCESS WILL GIVE US EDGE IN AI RACE: FINTECH DIRECTOR close video What does the US need to gain the AI “edge” over China?

AI runs on an internet connection and whatever country can provide widespread broadband will have an advantage in the field, a Milken Institute director says.

WATCH MORE FOX NEWS DIGITAL ORIGINALS HERE

Increasing internet accessibility with consistent speeds can effectively broaden the number of people who use AI, Valentine told Fox News. Making the technology more widely available within the U.S. means more consumers can become fluent with it, allowing for more innovation — and will ensure America has an "edge" in the space as other countries adopt machine learning, she said.

"What I love about generative AI is its ability for us to actually look at all of this data and create a big application on top of it," Valentine told Fox News. "So the fact that we can take platforms, we can take datasets, we can make it all smarter, that's what's most important."

Increasing access to broadband internet will put AI in the hands of more Americans, giving the U.S. an edge in AI, Nicole Valentine told Fox News. (Fox News Digital/ Nikolas Lanum / Fox News)

"AI has had the highest adoption rate, higher than the Internet, faster than the Internet," she said. "It's one of those applications that if put into the hands of platform owners, retail consumers, businesses, it's going to basically increase productivity."

The Milken Institute, an independent economic think tank, hosted a summit this week where speakers and atendees were widely supportive of the expansion of AI in the U.S.

Other countries have also been quick to embrace AI.

DEMOCRAT SEEKS TO REGULATE AI-GENERATED CAMPAIGN ADS AFTER GOP VIDEO DEPICTS DYSTOPIAN BIDEN VICTORY IN 2024

China has a robust AI sector and is a key competitor in the race for dominance over the technology, China researcher Gordon Chang told Fox News last month. And from 2015 to 2021, U.S. firms invested over $40 billion in Chinese AI companies, according to a Georgetown University study. 

President Joe Biden is mulling an executive order to restrict China from accessing U.S. AI technology, according to reports. (The Image Direct for Fox News Digital / Fox News)

In an effort to keep an advantage regarding AI, the White House is mulling an executive order keeping technology-related investments out of China.

Valentine said the U.S. should look to bolster domestic AI accessibility. 

CLICK HERE TO GET THE FOX NEWS APP 

"We have all of this technology in areas that are more concentrated," Valentine said. Investing in expanding AI access will help the country "deal with the biggest issues of our time," she said.

"AI is going to be a great tool," Valentine told Fox News. "It's a tool that we all need to know how to use."

To watch the full interview with Valentine, click here. 

Continue Reading

Entertainment

Jaguar: British luxury vehicle maker has a new advert that doesn’t feature any cars

Published

on

By

Jaguar: British luxury vehicle maker has a new advert that doesn't feature any cars

Jaguar has left people scratching their heads with a new glossy advert which fails to show any cars.

The British luxury vehicle maker has released a commercial featuring a series of models, in brightly-coloured clothing, emerging from a lift into an austere landscape.

They are then seen in various poses as different slogans appear on screen, including “live vivid”, “delete ordinary” and “copy nothing”.

But it has created a series of reactions online from ridicule to confusion, because there is no hint of any cars.

screengrabs from jaguar advert https://www.youtube.com/watch?v=rLtFIrqhfng
Image:
Jaguar’s latest advert has left some people confused

screengrabs from jaguar advert https://www.youtube.com/watch?v=rLtFIrqhfng
Image:
Jaguar says the advert represents a ‘complete reset’ for the brand

Tesla boss Elon Musk tweeted a response to Jaguar’s advert posted on X by asking: “Do you sell cars?”

It prompted the reply: “Yes. We’d love to show you” followed by an invite to a promotional event. But others on X continued to question the advert and what it represented.

“Umm where are the cars in this ad?” one user posted, while a second wrote: “I thought you guys made cars?”

screengrabs from jaguar advert https://www.youtube.com/watch?v=rLtFIrqhfng
Image:
Bold, bright colours feature in the commercial – but not everyone is impressed

There was also confusion from another person who asked: “What are you trying to sell me?”

Jaguar teased that: “All will be revealed… Think of this [advert] as a declaration of intent. We’re shifting gears, not our purpose. Stay tuned.”

In a news release to accompany the advert, the carmaker described it as part of a “completely transformed Jaguar brand” and “a new era” which makes “it relevant for a contemporary audience”.

“This is a complete reset,” said managing director Rawdon Glover. “To bring back such a globally renowned brand we had to be fearless.”

In the lead-up to the campaign, Jaguar announced it was discontinuing five models with “close to zero profitability”.

It has developed three new ultra-luxury electric vehicles, one of which is set to be unveiled at Miami’s Art Basel event next month.

Continue Reading

Sports

Vogt awarded top AL manager in first year on job

Published

on

By

Vogt awarded top AL manager in first year on job

The Cleveland GuardiansStephen Vogt was named American League Manager of the Year on Tuesday after winning the AL Central in his first season on the job.

The 40-year-old Vogt, who had never managed before this year, steered Cleveland to a 92-69 record. The Guardians made it to the AL Championship Series before losing to the New York Yankees.

He is the third AL manager to win the award, given out since 1983, in his rookie season managing.

Despite injuries to starters Shane Bieber and Triston McKenzie that left the Guardians short-handed for most of the season, Vogt managed Cleveland’s bullpen brilliantly, with its 2.57 ERA more than half a run better than the next-best team. The Guardians improved by 16 games over the previous season and won Vogt’s first playoff series against Detroit until the Yankees dismissed them in five games.

Over his 10-year playing career, Vogt played for six teams and was twice an All-Star. He took over in Cleveland for the retiring Terry Francona — himself a three-time Manager of the Year — after spending a season as the Seattle Mariners‘ bullpen coach.

Vogt received 27 of 30 first-place votes and finished ahead of two other AL Central managers, Kansas City‘s Matt Quatraro (two first-place votes) and Detroit’s A.J. Hinch (one).

Continue Reading

Sports

Mets acquire OF Siri from Rays for reliever Orze

Published

on

By

Mets acquire OF Siri from Rays for reliever Orze

The New York Mets landed veteran outfielder Jose Siri in a trade with the Tampa Bay Rays, the team announced Tuesday. In return, the Mets surrendered reliever Eric Orze.

Siri, 29, was tied for the lead among all center fielders in defensive runs saved last season but he struggled offensively, batting .187 with 18 homers, 14 stolen bases and an adjusted OPS+ of 76.

He’ll be eligible for arbitration for the first time this winter, meaning he’s likely to get a minor bump over his 2024 salary of $757,800.

Siri had a meandering path to the big leagues, bouncing through five organizations before making his debut with the Astros in September 2021. He has been known for playing with a demonstrative flair that can sometimes bug opponents.

Early in this offseason, some industry sources said they expected the Rays to move on from Siri, who had a staggering 170 strikeouts and just 31 walks in 448 plate appearances last season.

Harrison Bader, who was the Mets’ primary center fielder last season, became a free agent again. Tyrone Taylor played well in 44 games at the position, though he just had hernia and elbow surgery, procedures from which the Mets expect him to recover by the start of spring training.

But Siri gives the Mets some coverage at the spot no matter how the rest of the offseason plays out.

A contingent representing the Mets’ organization, including owner Steve Cohen and head of baseball operations David Stearns, traveled to California in recent days to meet with slugger Juan Soto. But that negotiation could continue for another week or more, with Soto and agent Scott Boras taking information and offers from the Yankees, Red Sox, Blue Jays and other teams.

Orze, 27, pitched in two games for the Mets last season, allowing four runs in 1⅔ innings in his first-ever major league outings. He was a fifth-round pick of the Mets in the 2020 draft.

Continue Reading

Trending