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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.
The AI-based system named "Philyra" can learn about perfume formulas, raw materials, historical success data and industry trends. Pixabay

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 To Skip Game Developers’ Conference Due To Coronavirus Concerns

Several tech companies have either postponed or cancelled their events in the wake of rising coronavirus threat that has killed over 2,700 people, and infected nearly 80,000

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Microsoft
Microsoft will host a digital-only event that will feature the majority of its planned game developer sessions and experiences, which will be streamed live and available on demand. Pixabay

After Facebook cancelled its prestigious F8 Developer Conference in San Jose in May, Microsoft has now announced it will skip the Game Developers’ Conference (GDC) scheduled to be held here from March 16 to 20, owing to the coronavirus concerns.

“After a close review of guidance by global health authorities and out of an abundance of caution, we’ve made the difficult decision to withdraw from participating at Game Developers Conference 2020 in San Francisco,” the company said on its Game Stack Blog on Thursday.

“The health and safety of players, developers, employees, and our partners around the world is our top priority. Especially as the world is experiencing growing public health risks associated with coronavirus (COVID-19),” Microsoft added.

Microsoft will host a digital-only event that will feature the majority of its planned game developer sessions and experiences, which will be streamed live and available on demand.

Other companies who backed out from the gaming conference are Facebook, Unity, Sony and Epic Games.

“Here at Epic we were excited about participating in GDC 2020. Regrettably, uncertainty around health concerns has made it unviable to send our employees, and so we have made the difficult decision to withdraw attendance,” said the company.

The city officials in San Francisco have declared a state of emergency owing to the COVID-19 outbreak that has affected several big tech industry conferences.

Amid the growing fear of coronavirus outbreak in the US, Facebook on Thursday announced the cancellation of its prestigious F8 developer conference.

The annual conference, attended by developers from across the world, was slated to be organised in San Jose on May 5-6.

Microsoft
After Facebook cancelled its prestigious F8 Developer Conference in San Jose in May, Microsoft has now announced it will skip the Game Developers’ Conference (GDC) scheduled to be held here from March 16 to 20, owing to the coronavirus concerns. Pixabay

“We plan to replace the in-person F8 event with locally-hosted events, videos and live-streamed content,” Facebook said.

Facebook has already cancelled ‘Global Marketing Summit’ in San Francisco that was scheduled from March 9-12. Over 5,000 participants were expected to attend the event.

ALSO READ: Vivo Unveils Third Generation Concept Smartphone “APEX 2020”

Several tech companies have either postponed or cancelled their events in the wake of rising coronavirus threat that has killed over 2,700 people, and infected nearly 80,000. (IANS)