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Recent research shows that advanced technology adoption and use are concentrated in large firms. This pattern also applies to artificial intelligence (AI). Evidence from the U.S. Census Bureau’s Annual Business Survey for the years 2017 and 2018 indicates that AI use in producing goods and services rises with firm size (Zolas et al., 2020 and Acemoglu et al., 2022). However, this pattern may be changing in the wake of recent advances in generative AI, which may have a disproportionate impact on small firms’ adoption and use of AI.
Is AI Use Increasing Among Small Businesses?
Amazon is reaching out to news publishers about opportunities to license their content for the next generation of Amazon's Alexa voice assistant, slated to debut in 2025. The company plans to debut a new, smarter version of Alexa, using generative AI to power customized responses to real-time user queries about the news. The tech giant is eyeing preliminary tests with several publishers who it hopes can serve as launch partners for the revamped Alexa in late 2025. It's currently testing new ways to incorporate news answers into Alexa via text and photo query results. The company isn't testing generative AI video outputs as part of its revamped Alexa offering at this time.
Amazon eyes news partners for revamped AI Alexa voice assistant
New website shows you how much Google AI can learn from your photos (Ars Technica)
Submitted by zwalker@benton.org on Tue, 12/03/2024 - 12:34How US AI policy might change under Trump (MIT Technology Review)
Submitted by zwalker@benton.org on Tue, 12/03/2024 - 12:32Pennsylvania Broadband Development Authority Executive Director Brandon Carson has announced the Commonwealth’s $1.16 billion Broadband Equity, Access, and Deployment (BEAD) Program will accept the first round of applications through Jan. 21, 2025. Pennsylvania has moved quickly and pushed the federal government to drive out this funding as soon as possible. Pennsylvania will become just the 10th state in the nation to begin accepting applications for this funding. Per federal guidelines, the BEAD program will consist of two, 60-day application periods for eligible entities to apply for funds to construct high-speed internet networks to areas that lack service.
PA Broadband Development Authority Opens $1.16 Billion BEAD Program
European Federation of Journalists to stop posting content on X (London Economic)
Submitted by zwalker@benton.org on Tue, 12/03/2024 - 10:55Congress readies another funding punt ahead of pre-Christmas shutdown deadline (Politico)
Submitted by zwalker@benton.org on Tue, 12/03/2024 - 10:35When Elon Musk bought Twitter for $44 billion, it was panned as one of the worst tech acquisitions in history. Two years, an election, and a generative-AI boom later, it's starting to look like more of a bargain. Shortly after the deal closed in October 2022, the Wedbush Securities tech analyst Dan Ives said it would "go down as one of the most overpaid tech acquisitions in the history of M&A deals on the Street." Yet the deal has provided significant benefits for Musk. He's set to wield considerable influence in the Trump administration after using X to support the former president's reelection. Not only has X served as Musk's political megaphone—it has also been a lucrative source of training data for one of the billionaire's other ventures, xAI, a startup that has rocketed to a $50 billion valuation in 16 months. That fresh valuation means xAI has surpassed Musk's purchase price for X.
Critics said Musk 'overpaid' for Twitter. Thanks to Trump and xAI, it could actually be a steal.