Author: Colin Henderson

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AI

My first attempt at a Manifesto for Responsible AI

Colin Henderson

Regulation of AI has become a cottage industry amongst Western governments. As reported by TechCrunch and captured here, “U.S., U.K. and the European Union signed up to a treaty on AI safety laid out by the Council of Europe (COE)” The Parliamentary Assembly of the Council of Europe brings together parliamentarians from the Council of Europe’s 46 member States. Its mission is to uphold the shared values of human rights, democracy and the rule of law. The Assembly uncovers human rights violations, monitors whether states keep their promises and makes recommendations. In the field of AI, it has adopted a set of resolutions … Continue reading My first attempt at a Manifesto for Responsible AI

AI

Distracted and Divided, Russian Security Service Misses Threats

Colin Henderson

The Ukrainian offensive over the border caught Moscow’s intelligence agencies by surprise, experts say. It wasn’t the first time that has happened during the war. Sept. 6, 2024 On the day Ukraine launched its daring incursion into Russia’s Kursk region, the Federal Security Service, the Russian agency most responsible for protecting the border, played down the seriousness of the operation. Calling it “an armed provocation,” the agency said its forces were working to push the Ukrainians back. That was nearly a month ago. Since then, Ukrainian forces have occupied a small but significant patch of Russian territory and killed or captured hundreds of Russian … Continue reading Distracted and Divided, Russian Security Service Misses Threats

Geopolitics

Spy Chiefs of the C.I.A. and MI6 Convene, on a Couch and for a Crowd

Colin Henderson

Appearing together publicly for the first time in the history of their agencies, the heads of the U.S. and British intelligence services discussed Ukraine’s incursion into Russia and the war in Gaza. Listen to this article · 4:49 min Learn more By Mark Landler Reporting from London Sept. 7, 2024Updated 4:54 p.m. ET The chiefs of the C.I.A. and the British Secret Intelligence Service, appearing together publicly for the first time in the history of their agencies, said on Saturday in London that Ukraine’s surprise offensive in the Kursk region had exposed vulnerabilities in Russia’s military and was an “audacious” effort to “try and … Continue reading Spy Chiefs of the C.I.A. and MI6 Convene, on a Couch and for a Crowd

AI1 Comment

TechCrunch- U.S., the U.K. and the European Union signed up to a treaty on AI safety laid out by the Council of Europe (COE)

Colin Henderson

We’re not very close to any specifics on how, exactly, AI regulations will be implemented and ensured, but today a swathe of countries including the U.S., the U.K. and the European Union signed up to a treaty on AI safety laid out by the Council of Europe (COE), an international standards and human rights organization. The Council of Europe Framework Convention on Artificial Intelligence and Human Rights, Democracy, and the Rule of Law — as the treaty is formally called — is described by the COE as “the first-ever international legally binding treaty aimed at ensuring that the use of AI systems … Continue reading TechCrunch- U.S., the U.K. and the European Union signed up to a treaty on AI safety laid out by the Council of Europe (COE)

Risk

RBC CEO McKay Prioritizes Organic Growth Over US Bank Acquisitions

Colin Henderson

$Royal Bank of Canada (RY.CA)$‘s CEO, Dave McKay, expressed disinterest in acquiring US banks, highlighting the challenges of inheriting issues from such deals. Speaking at Bank of Nova Scotia’s annual financial industry conference in Toronto, McKay emphasized his cautious approach towards acquisitions, questioning the benefits of taking over US banks and the potential problems involved. He stated, “The first question I always ask myself on an acquisition is, ‘Why are they selling and what problems am I inheriting, and can I run this business better than the current management team can?’ Despite his past acquisition of Los Angeles-based City National … Continue reading RBC CEO McKay Prioritizes Organic Growth Over US Bank Acquisitions

AI

AI’s Promise for the Global Economy

Colin Henderson

Credit: CFOTO/Future Publishing via Getty Images  10 min Read Download PDF  If properly used, it could significantly accelerate economic growth and help productivity growth rebound  The postpandemic global economy is beset by slower growth, the most persistent inflation in decades, limited progress on sustainability, and high borrowing costs weighing on investment, including the massive investments needed for the energy transition. Perhaps the strongest headwind, though, is sluggish productivity growth since the global financial crisis. AI is our best chance at relaxing the supply-side constraints that have contributed to slowing growth, new inflationary pressures, rising costs of capital, fiscal distress and declining … Continue reading AI’s Promise for the Global Economy

AI

A Generative AI Roadmap for Financial Institutions

Colin Henderson

http://www.linkedin.com/posts/the-innovation-brand_a-generative-ai-roadmap-for-financial-institutions-activity-7237006524877860864-u016 A Generative AI Roadmap for Financial Institutions By Stiene Riemer, Michael Strauß, Ella Rabener, Jeanne Kwong Bickford, Pim Hilbers, Nipun Kalra, Aparna Kapoor, Julian King, Silvio Palumbo, Neil Pardasani, Marc Pauly, Kirsten Rulf, and Michael Widowitz READING TIME: 15 MIN Key Takeaways Generative AI offers financial institutions a route to immense new growth—but only those that take transformative action will find their way. A new BCG report lays out a comprehensive executive roadmap. A forward-looking AI vision built on the right culture and people strategy is imperative. Integrating GenAI into existing frameworks is important, but reimagining traditional operations requires a complete AI transformation. Tentative tweaking will not unlock the competitive edge that … Continue reading A Generative AI Roadmap for Financial Institutions

Sociology2

The Far Right Threatens the Unity of Germany, and the West

Colin Henderson

The Far Right Sept. 4, 2024 By Serge Schmemann Editorial Board Member Historical memory is bound to shape the first reaction to the powerful showing of a far-right party in two German state elections on Sunday. Nonetheless, there is nothing specifically German in the appeal of populism and extremism, especially among populations confused and threatened by a complex, unstable and vaguely threatening world. It’s endemic in the former Soviet satellites, but familiar, too, in the most venerable democracies. It was populism and extremism that won in Sunday’s elections in the neighboring states of Thuringia and Saxony, both in what was formerly … Continue reading The Far Right Threatens the Unity of Germany, and the West

Middle East

Iraqi Special Forces during an operation against ISIS fighters in the desert of Anbar, Iraq, in 2022.Credit…Thaier Al-Sudani/Reuters

Colin Henderson

By Eric Schmitt Eric Schmitt covers U.S. national security issues, including military affairs and counterterrorism. Sept. 3, 2024Updated 6:51 p.m. ET American and Iraqi commandos raided several Islamic State hide-outs in western Iraq last week, killing at least 14 ISIS fighters in one of the most sweeping counterterrorism missions in the country in recent years. Seven U.S. soldiers were injured as more than 200 troops from both countries, including backup forces, hunted down fighters in bunkers over miles of remote terrain, U.S. and Iraqi officials said, adding that the size, scope and focus of the mission underscored the terrorist organization’s resurgence in … Continue reading Iraqi Special Forces during an operation against ISIS fighters in the desert of Anbar, Iraq, in 2022.Credit…Thaier Al-Sudani/Reuters

AI

Nvidia Takes an Added Role Amid AI Craze: Data-Center Designer

Colin Henderson

More on Nvidia role from WSJ in AI data centre design and operations. Chief Executive Jensen Huang is increasingly broadening his company’s focus—and seeking to widen its advantage over competitors—by offering software, data-center design services and networking technology in addition to its powerful silicon brains By Asa Fitch https://www.wsj.com/tech/ai/nvidia-ai-servers-data-centers-ab7ad6a0?st=bw2rsqnqzgc9my0&reflink=article_copyURL_share Continue reading Nvidia Takes an Added Role Amid AI Craze: Data-Center Designer