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- Is the EU stifling AI?
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Some species of snails can sleep for up to three years during hibernation, especially in extreme weather conditions. Same.
What’s in store:
Can Europe keep up with AI?
AI and healthcare will be the best collab in centuries.
Around the web: Telegram CEO Pavel Durov was arrested near Paris on Saturday over concerns about the platform's lack of content moderation.
Dante’s new update is game-changing!
Read Time: 6 minutes
META
AI is set to transform industries, help with productivity and significantly contribute to the global economy.
Yet, inconsistent access to AI risks creating divides.
Open-source AI — where models are publicly available — can level the playing field and drive innovation.
Europe has the potential to lead in open-source AI, thanks to its strong developer base.
However, fragmented and inconsistent regulations are holding back progress.
The EU’s uneven application of data protection laws like GDPR has caused delays and uncertainty, preventing European organisations from fully using AI.
Key points to keep in mind:
Open-source AI is crucial for innovation and economic growth.
Fragmented regulations are hindering Europe's ability to compete.
Clearer, consistent policies are essential for maintaining Europe's competitiveness.
What could possibly go wrong?
Meta and Spotify both stress the need for streamlined regulations to keep Europe at the forefront of AI development.
Without these changes, Europe risks missing out on significant technological and economic opportunities.
For example, Meta has had to delay using publicly shared data on Facebook and Instagram, not due to legal violations, but because regulators haven’t reached a consensus.
This delay means that AI models won’t reflect Europe’s cultural and linguistic diversity, limiting access to the latest AI products.
Spotify, a European tech success story, acknowledges that its early investment in AI was crucial to its growth.
The company sees huge potential in using open-source AI to benefit the industry, especially in helping artists get discovered.
However, the current regulatory environment could hinder Europe from fully capitalising on AI’s benefits.
Yes, nothing says innovation like a pile of paperwork.
Is Europe over-regulating AI at the cost of innovation? |
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August 25th 1835 - The first in a series of six articles announcing the supposed discovery of life on the Moon appears in The New York Sun newspaper, known later as "The Great Moon Hoax."
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74% said AI
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IT WAS AI! Well spotted.
Free Resources
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AI SCIENCE
At Epic Systems' annual Users Group Meeting, CEO Judy Faulkner made a memorable appearance dressed as a swan, setting the tone for the event at their unique Verona, Wisconsin headquarters.
The focus this year was how AI is shaping the future of healthcare.
Epic, a major player in healthcare software, manages medical records for over 280 million people across the U.S.
This year, they showcased how AI is being woven into their products.
Key takeaways:
Over 100 AI features are being developed to simplify communication and admin tasks for doctors.
By 2025, Epic’s AI will assist in patient interactions via the MyChart app, helping with medication management and wound measurement.
A new staff scheduling app called "Teamwork" is coming soon, along with potential changes in insurance claims processing.
Once you go AI, you’ll never look back
Epic’s announcements mainly revolved around integrating AI into their offerings.
By the end of the year, Epic's AI will help doctors simplify patient communications and automate tasks like prescription orders.
AI tools will also streamline time-consuming processes like drafting insurance appeal letters.
Epic is also exploring ways to submit insurance claims directly through their software, potentially bypassing traditional clearinghouses.
This could significantly alter how insurance claims are processed.
The future of these features remains uncertain, but Epic concluded the event with a demo of what’s possible.
In the demo, an AI agent assessed a patient’s wrist recovery via MyChart and provided real-time advice, showing the potential of AI in everyday healthcare.
While this technology is still in its early stages, it’s clear Epic sees a significant role for AI in the future of healthcare.
This all sounds… epic? Sorry.
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Don’t Miss - Telegram CEO Pavel Durov was reportedly arrested near Paris on a warrant related to an investigation into criminal activity on the platform, with French authorities citing concerns over Telegram's lack of content moderation. Durov is expected to appear before a judge and could face charges soon.
AI Art
Our Image of the Day
Artwork submitted by Mindstream reader Kort K: “A LEGO car race”
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Clouds shaped like marshmallow
Yesterday’s Poll
“Would you use ChatGPT to search?”
Yes, it's the future. - 76% ✅
No, sticking to Google. - 24%
Your Views:
“Just like ATMs and cell phones market momentum will prevail. This will spur innovation, competition price reduction and better service.” - mockingdog
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