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Digital Transformation news from the week of June 19, 2023 including stories of managers replacing workers with AI, Cloud outages again, and privacy laws taking a bite out of big tech.
InformationWeek explores the AI vs. low-code/no-code debate for developers. While low-code/no-code platforms offer simplicity and speed, AI-powered tools bring advanced automation and intelligence. The article delves into the pros and cons of each approach, highlighting how finding the right balance can empower developers and drive innovation in the DevOps realm.
CRN recounts the top 10 cloud outages of 2023 (so far) in a light-hearted manner. From the ‘Cloudy with a Chance of Downtime’ to ‘The Great Data Storm,’ these outages served as unexpected opportunities for cloud users to practice their patience and rediscover the joys of offline activities. It is been a rough winter and spring. Let’s hope for clearer skies in the cloud ahead!
Oracle experiences impressive cloud revenue growth across industry verticals, fueled by AI adoption. From transforming healthcare with predictive analytics to optimizing supply chains with intelligent automation, Oracle’s cloud solutions are empowering businesses across sectors. The future looks bright as AI continues to drive innovation and propel digital transformation.
In the quest for responsible AI, TDWI explores key considerations. From data ethics and bias mitigation to interpretability and accountability, responsible AI requires a holistic approach. Organizations are urged to prioritize transparency, fairness, and human oversight to ensure AI systems serve as trusted and beneficial tools in our ever-evolving digital landscape.
DataStax introduces a schema GPT translator to its Apache Pulsar-based Astra Streaming platform. This new addition enhances data management capabilities by enabling seamless integration between schemas and the popular GPT language model. Users can now harness the power of natural language processing in their data streaming workflows, boosting efficiency and insights.
Not understanding complex privacy laws comes a at price. Microsoft faces a $20 million fine from the FTC for Xbox children’s privacy violations. The company allegedly failed to obtain parental consent for data collection and lacked sufficient safeguards. This hefty penalty serves as a reminder for organizations to prioritize and uphold children’s privacy rights in the digital realm.
McKinsey’s new report highlights the immense economic potential of Generative AI, positioning it as the next frontier for productivity. This transformative technology has the capacity to drive significant growth, revolutionize industries, and unlock unprecedented levels of innovation and creativity. However four sectors are at risk for highly displacement of human workers. Namely, Customer operations, marketing and sales, software engineering, and R&D.
Europe takes a bold step forward in regulating AI, challenging the power of tech giants. New regulations aim to address concerns surrounding transparency, fairness, and accountability. By asserting control over AI applications, Europe seeks to shape the ethical and responsible use of artificial intelligence in the digital landscape. In contrast countries like Japan are embracing AI decreasing regulations on data collection, not wanting to be left out this huge paradigm shift.
BCG just conducted one of the most comprehensive AI studies yet, surveying 13,000 people, from execs to minimum-wagers, in over 18 countries. There findings: Over 80% of leaders are using AI at work while only 20% of frontline workers are. People are more optimistic and are not much concerned about AI. Frontline workers are at risk of replacement if they do not upgrade their skills and begin using AI in their everyday work.