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AI-Based Solutions May Pose Risk to Business

These deficiencies could undermine the decisions, predictions, or analysis AI applications produce, subjecting the company to competitive harm, legal liability, and brand or reputational harm

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AI scenarios present ethical issues ranging from privacy, human rights, employment or other social issues.
AI scenarios present ethical issues ranging from privacy, human rights, employment or other social issues. Pixabay
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In a message to investors, Microsoft has said that the challenges to adoption of Artificial Intelligence (AI)-based solutions by customers as well as changes to trade policy or agreements as a result of populism, protectionism or economic nationalism may pose a risk to its businesses.

In a regulatory filing on Friday, Microsoft said that the ability to convert data into AI drives its competitive advantage, but issues in the use of AI in its offerings may result in reputational harm or liability.

The Redmond, Washington-headquartered tech giant, which does business in 200 countries, said inappropriate or controversial data practices by Microsoft or others could impair the acceptance of AI solutions.

Microsoft REConsiders Using AI, Pixabay
Microsoft REConsiders Using AI, Pixabay

These deficiencies could undermine the decisions, predictions, or analysis AI applications produce, subjecting the company to competitive harm, legal liability, and brand or reputational harm.

It also pointed out that some AI scenarios present ethical issues ranging from privacy, human rights, employment or other social issues.

Also Read: Microsoft Will Become an AI First Industry, Will Improve Lives, Says CEO

Moreover, the proliferation of social media may increase the likelihood, speed, and magnitude of negative brand events, it added.

The tech giant also warned how emerging nationalist trends in specific countries may significantly alter the global trade environment. (IANS)

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Microsoft Co-Founder Paul Allen Will Be Remembered

Allen was also owner of the National Football League's Seattle Seahawks, and the Portland Trail Blazers professional basketball team.

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Paul Allen
Microsoft co-founder Paul Allen at a news conference (from archives). VOA

Microsoft co-founder Paul Allen, who visualized the indispensability of the personal computer more than 40 years ago, died Monday at 65.

Allen’s family said he died in Seattle of non-Hodgkin’s lymphoma, a form of cancer he had been battling off and on since 2009.

After persuading high school friend Bill Gates to drop out of Harvard in 1975, the two teamed up to develop a rudimentary software that hobbyists used to operate home-built computers.

Microsoft, paul allen
An advertisement is played on a set of large screens at the Microsoft office in Cambridge, Massachusetts, U.S, VOA

“I expect the personal computer to become the kind of thing that people carry with them, a companion that takes notes, does accounting, gives reminders, handles a thousand personal tasks,” Allen wrote in Personal Computing magazine in 1977.

Allen and Gates called their company Microsoft and spent the next several years developing the software that revolutionized the world.

Allen and Gates split in 1983, but Allen kept his share of Microsoft, making him a billionaire.

Gates issued a statement on Allen’s death late Monday.

Paul Allen
Paul Allen in 2003

“I am heartbroken by the passing of one of my oldest and dearest friends, Paul Allen,” he said.

According to Forbes magazine, Allen was worth nearly $22 billion at the time of his death, making him the world’s 44th wealthiest person.

Allen was also owner of the National Football League’s Seattle Seahawks, and the Portland Trail Blazers professional basketball team.

Also Read: Microsoft Cannot Recover Files Deleted By Windows 10 Update

He also used his wealth to refurbish a crumbling neighborhood of his native Seattle, turning it into a headquarters for Amazon. (VOA)

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