Adobe, IBM, Nvidia and five other companies have signed US President Joe Biden's voluntary commitments governing artificial intelligence, which require steps such as watermarks on AI-generated content, the White House said on Tuesday.
The original commitments, which were announced in July, were aimed at ensuring that AI's power was not used for destructive purposes.
Google, OpenAI and OpenAI partner Microsoft signed the commitments in July.
“The President has been clear: harness the benefits of AI, manage the risks, and move fast – very fast,” White House Chief of Staff Jeff Zients said in a statement.
“And we are doing just that by partnering with the private sector and pulling every lever we have to get this done.”
The other five companies signing on to the commitments are Palantir, Stability, Salesforce, Scale AI and Cohere.
Several companies were expected to attend a White House meeting on the topic on Tuesday with Commerce Secretary Gina Raimondo and Mr Zients.
The private commitments backed by the Biden administration are seen as a stopgap, given that Congress has held discussions on possible AI legislation, but little has been introduced and nothing significant has become law.
The White House has also been working on an executive order on AI.
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Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
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Power: 217hp at 5,750rpm
Torque: 300Nm at 1,900rpm
Transmission: eight-speed auto
Price: from Dh130,000
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China |
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UAE |
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Japan |
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Norway |
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Canada |
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Singapore |
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Australia |
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Saudi Arabia |
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South Korea |
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Keep it fun and engaging
Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.
“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.
His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.
He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.
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The specs: 2018 GMC Terrain
Price, base / as tested: Dh94,600 / Dh159,700
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