What happened: U.S. and EU regulators have increasingly opened up to the possibility of regulating artificial intelligence (AI). AI poses an interesting challenge as regulators look to define what it is and the reasonable balance between regulation and the progression of the technology. On one hand, AI can drastically improve quality of life by running complex algorithms to help create cures for diseases or invent new technology. On the other hand, it can -- and is -- replacing jobs and careers around the globe. People like Tesla Inc. CEO Elon Musk have warned it will eventually replace every job, making the need to work obsolete.

OpenAI and its association with Microsoft Corp. (NASDAQ:MSFT) has perked up interest in artificial intelligence and companies that may have even the remotest ties with the technology. At least one technocrat isn't impressed with what has transpired. What Happened: Tesla CEO Elon Musk lamented how ChatGPT parent OpenAI, a company he co-founded in December 2015, has evolved. He was responding to a tweet by substack journalist and Grit Capital CEO Genevieve Roch-Dector, who noted that Musk views AI as "one of the biggest risks" to civilization and needs to be regulated. "He co-founded AI," she pointed out.

I've been a "Psychedelic Concierge to the Stars" for the last several years, and I can tell you two things from my experience: I recently asked the viral AI chat bot, ChatGPT, the definition of a psychedelic concierge, and here's what it came up with: "A psychedelic concierge is a professional, who helps individuals navigate the world of psychedelics. This can include assisting with the sourcing and procurement of psychedelics, providing guidance on safe and responsible used, and helping individuals find appropriate medical and therapeutic support. Some psychedelic concierges may also offer additional services such as trip sitting and integration support. In general, a psychedelic concierge acts as a guide and facilitator for individuals interested in exploring the potential benefits of psychedelics." For me, this definition makes a lot of sense.

Dublin, Aug. 12, 2022 (GLOBE NEWSWIRE) — The "Global Artificial Intelligence (AI) in Drug Discovery Market (2022-2027) by Offering, Drug Type, …

Dublin, Aug. 11, 2022 (GLOBE NEWSWIRE) — The "Europe Artificial Intelligence In Fintech Market Size, Share & Industry Trends Analysis Report By …

Palantir Technologies Inc. (NYSE:PLTR) today announced that it will expand its work with the U.S. Army Research Laboratory to implement data and …

Thousands of financial investors and Wall Street pundits advise people daily about what economic trends are coming, what stocks are hot and what is on the upswing. Those same investors and banks benefit from financial success by using a bevy of information and data analysis to predict financial risks and steer their clients to recommended strategies. But while big data and research have been the forerunners to competent investment advice, the healthcare industry is seemingly jumping into the mix and using data to predict a person's future health. In its simplest terms, predictive medicine relies on the study and analysis of large quantities of data to determine a patient's future health and the likelihood they may get a disease. A Harvard Business Review report lauded the advent of predictive medicine when it said, "Predictive tools are helping providers -- both doctors' groups and hospitals -- assess patients' risk of contracting a whole host of diseases and conditions. For the volume-to-value paradigm shift in healthcare, predictive analytics, though rarely visible, is the essential enabler."

AI is just about everywhere these days. It simplifies and expedites processes that would otherwise be done manually. Though once an exotic term of science fiction, it's now what greets you the moment you interact with the customer service page of any major retailer. It should be no surprise that AI has entered the cannabis sphere. Artificial intelligence has the capacity to boost production, improve efficiency, and even make the entire process more environmentally friendly.

The following post was written and/or published as a collaboration between Benzinga's in-house sponsored content team and a financial partner of Benzinga. Today's consumer companies and business-to-business (B2B) firms are finding themselves in a fast-paced, competitive race to attract and secure new clients. One approach that's increasingly gaining popularity is customer engagement. Customer engagement entails prioritizing long-term relationships with consumers and B2B clients. It's about working to develop and maintain relationships throughout multiple interactions and across various channels. The research suggests profound benefits for companies that invest in customer engagement solutions.

There is no doubt that artificial intelligence (AI) is on the cusp of achieving significant disruption across several sectors in the world -- one can simply look to companies like American company Alfi (NASDAQ: ALF) which is attempting to revolutionize the ad-tech industry with privacy-conscious AI --. It is becoming a key driver of productivity and gross domestic product growth for many nations and is pushing the boundaries of technology as we know it. According to a report, the United States leads the AI pack today, with China in a close 2nd and the European Union in 3rd. Out of 100 total available points in the report's scoring methodology, the United States leads with 44.2 points, China with 32.3, and the European Union with 23.5. Although it may seem like the U.S. has an unassailable lead, the fact is that China is rapidly catching up and stands today as a full-spectrum peer competitor of the U.S. in many applications of AI.