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Finance

Directors of ‘Late Night With The Devil’ were spotted by Letterboxd enthusiasts employing AI-created art in the film.

The horror comedy film, Late Night With The Devil has been accused of using AI-generated art, sparking an online backlash from movie enthusiasts on the film review site, Letterboxd. Initially, the film gathered praises from critics at SXSW 2023 for its unique storyline and performances. The movie, helmed by the Cairnes brothers from Australia, is…

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Meta’s Imagine AI was found to generate historically inaccurate images, akin to Google’s Gemini.

Meta's AI art generator, Imagine, has recently faced controversy similar to that which Google’s Gemini stirred up last week due to its creation of historically inaccurate images. Specifically, when Imagine was asked to produce images of a group of popes or the US founding fathers, the images included a diverse group of individuals, which was…

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AI Chatbots Display Greater Racial Bias Than Anticipated…And It Appears Human Intervention Cannot Rectify This.

Large Language Models (LLMs) exhibit significant “dialect prejudice,” particularly against African American English (AAE), according to recent research by the Allen Institute for AI and Stanford University. The comprehensive study analysed five popular LLMs including OpenAI’s GPT-2, GPT-3.5, GPT-4 models, RoBERTa and T5. Utilising a ‘Matched Guise Probing’ methodology, the researchers entered similar AAE and…

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It is found that AI Chatbots exhibit greater racial bias than previously assumed and human input does not seem to rectify the issue.

Researchers at the Allen Institute for AI and Stanford University have found new evidence of racial discrimination in large language models (LLMs), shedding light on a more concealed form of prejudice than previously known. The study, published on arXiv, determined that current LLMs discriminated against people of color based on their dialect, particularly against speakers…

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Five Key Applications of Artificial Intelligence for Financial Technology in 2024

Artificial Intelligence (AI) is revolutionizing the fintech industry by driving rapid developments and innovations. According to McKinsey, around 56% of fintech firms incorporated AI in at least one business function as of 2023. AI has transformed operations in many ways, including enhanced customer service and automation. Here are five use cases of AI in fintech…

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