Author: James Vincent
For companies like Google and Microsoft, artificial intelligence is a huge part of their future, offering ways to enhance existing products and create whole new revenue streams. But, as revealed by recent financial filings, both firms also acknowledge that AI — particularly biased AI that makes bad decisions — could potentially harm their brands and businesses.
These disclosures, spotted by Wired, were made in the companies’ 10-K forms. These are standardized documents that firms are legally required to file every year, giving investors a broad overview of their business and recent finances. In the segment titled “risk factors,” both Microsoft and Alphabet, Google’s parent company, brought up AI for the first time.
From Alphabet’s...
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For companies like Google and Microsoft, artificial intelligence is a huge part of their future, offering ways to enhance existing products and create whole new revenue streams. But, as revealed by recent financial filings, both firms also acknowledge that AI — particularly biased AI that makes bad decisions — could potentially harm their brands and businesses.
These disclosures, spotted by Wired, were made in the companies’ 10-K forms. These are standardized documents that firms are legally required to file every year, giving investors a broad overview of their business and recent finances. In the segment titled “risk factors,” both Microsoft and Alphabet, Google’s parent company, brought up AI for the first time.
From Alphabet’s...
Continue reading…
Continue reading...