Pune Investment：The Insight Interview： Alexiei Dingli, Professor of ai at the University of Malta Faculty of ICT

Data Driven FORCESTHHIFICIAL Intelligence Act Will So Into Force Across the EU. Versity of Malta Faculty of ICT, to find out what it will mean for finvices.

Piction: Alexiei Dingli, Professor of ai at the University of Malta Faculty of ICT

Back in 2020, Eu President Ursula von der Leyen Said The Years Ahead Would Be the Eu's Digital Decade, As the Bloc Sought the Continent's Position à-vis some of the major players like the us, China and India.however,These are moving targets -Meaning that the eu has not yout caught up. Consider, for exmple, the fact that classgpt was launched in the us. DELS EMERGING FROM FRANCE NOW But We in the Eu Are Still Trying toCatch up and we all need to make sure that we are getting the best out of it ..., "Prof. Dingli Said.one Area the Eu is proving itSelf, though, is in enSuring that ai I s Covered by a Robust Framework and LegislationTo Protect EU Citizens from Abusive Use of this Powerful Tool.as with Any Technology, The Power to do Good is matched by the port to be misused. T let us start with the solid reaSons in favour of ai. Prof. Dingli DidNot hesitate: The main issues the vast amount of data that companies are bombarded with. Big Companies are data right but admit that they do not do much withIt, "He Said." Data is very valuable: it is an image resource that we are not usingPune Investment. "The digital decade is not only about knowledge. T Also About Preparing for the Future, in Particular the Human Resources CrisisThat He Believes Will Have An Impact by as Early as 2030.He Cityd the World Economic FORUM's FUTURE of Jobs Report 2023, Which Predicts That Coming Five, Respondents Expected 69 Million Jobs to Be Created, with a decline of 83 Million Jobs: a net decrease of 14 Million Jobs, OR 2% of Current Employment. This Report is Perhaps a Timely Reminder of the Speed ​​Ated the World is Changing: in 2020, The Same Report Had Forecast An Increase of 97 Million New Jobs - And A Displacement of 85 Million Jobs - by 2025.ONE of the Assumptions THAT PROF. DINGLI WAS Quick To Challenge Is that Malta and Other Countries Facing Labour ShortFalls Could SimplyPeople From Outside the EU. Are More and More 'Lights Out' ManUFACTING Companies that Literally WorkWithout lights becape they are rabot-operated. I Recently Found Out that we have coming here in malta, which emplays 120 Engineers to look after the Rober OTS.Plan for the Upskilling and Re-Skilling of People Who Would, in the Past, have aspired to a job in manuFacturn. Not only automation: Things like Chat GPT Are TakingOver jobs we think now that only humans could do. So there are be an ever proplem to find skilled people those with no trade, Not only in their home countries but also overseas. "

ONE of the PropEms for Policy-Makers is the Speed ​​Athich New Technology Emerges. T OF SKILLS WOULD BeE New Ones - But What, Exactly, Are the? Are They OnesThat have even even ben defined? However, Prof. Dingli Does Not Belief that there is any option but to embrace Change: in Spite of the Vast Range OF Career Paths Available at the university of malta, there will not be enough peopleTo file the geowing number of Vacancies, Meaning Business Will Have No Choice But to Move to Automation -Especially in Financial Services -Albeit with The OV. Ersight of SpesIlised People.the Productivity is Massive: Reports by the Massachusetes Institute of Technology and Microsoft Estimate Gainsof as Much as 40 Per Center! Imagine the impact of that on companies! "However, he also warned that no system is incallible, insisting that the approach should be to see a I as an assistant - Rather than as a replacement -to embroyees,AS the need for Human oversight core be overstated.one of the discmmas is that one of the one to identify and the dector ai hacker and scammers. … To use ai! "AI is bebing used to create fane propiles, userYour Picture, Generation New Images, Creating False Documents and Even Cloning Your Voice Based on A Recording Seconds of Your Own Voice! Ible for a human to IDentify whether some geenuine or not, while ai can look at things pixelby Pixel to Identify Patterns Invisible to the named Eye.

"Butll us face the face: There will be a big fightWeen using ai for good and ai for bad -Which is why cyberCurity is going to be sking a big issSeue in the Years to come. LAWS TEND to Catch Up with TechnologyNot the Other Way Around - Which is uncomuNate. So exten that both criminals and law enforcement will use ai. "An Important PART of the Eu's Legislation be to offer protectively to eu citizens, something that other countries do not alway. Biometric RecognitionWill be banned, for exmple, Apart from Exceptions for Law Enforcement. However, he emsizes that the anger is 'explainedable ai'Hyderabad Wealth Management. Here was one in the us who was applying for parole from prison.The ai system used by the outSourced Contractor Turned Down His Request, and the Contractor Insistted that the reason even not be given DAgra Stock! - BeCAUSE TheRE Wee Commercial Implications. Is this beast prACTICE? We normalExplains its own decisions. We Should Not Trust Ai Blindly - There ’ Are-AROUND 95-96%-That Still Leaves A Margin ofERROR of 4-5%, Which WHIN TAN TAN TAEN OVER Whole Populations WOULD RePRESENT HUGE NUMBERS of People. UMANS in the loop to act as gatekeeepers.Dingli ticked off the various ways in which ai money, in particular bank and insurrance companies white related heavily on data -particularly on digitise .For Example, Tasks Which Have Until now Probably Been Done on Spreadsheets by People! Chat GPT and Similar Technology. Reports or Comparing Analyser and Tabulating Data, "" HE SAID. SAID that ai provided a Major oppointunity for insury, which bases risk on data. He referred to his own home. WAS Recently Approved During Local Television Programme Shark Tank for A € 1.3 Million Investment.is a vehicle that is not bebing driven properly. Iver -so that they could send something to check it out.Is to Reduce Fatalities - More than one person Every 26 Seconds Around the World Dies Due to Traffic Fatalities… But there are Other Aspects. River, Should this not be reflected in your premium? Imagine if you could volunTarily ANApp on Your Mobile Phone Whit Track How You Are Driving? You Could only then for a variable insury scheme base on how carefully ... IKE This Would Help us to be more focussed on our driving and to take feewer risks ..Surat Wealth Management. "Hesaid.

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