Five Top Tech Takeaways: AI to Reshape 92% of IT Jobs, Canadian AI Startup Raises $19M, GenAI's Teaching Dilemma, and More!

CheatGPT: The Teacher's Dilemaa

AI's Impact on IT: 92% of Jobs to Evolve

Artificial intelligence is set to significantly transform the IT job market, with a staggering 92% of IT roles expected to undergo high or moderate changes. The AI-Enabled ICT Workforce Consortium's recent report highlights that mid- and entry-level positions will be most affected, as AI reshapes the relevance of various skills. The report underscores the need for critical skills such as AI literacy, data analytics, and rapid engineering. Major tech companies, including Cisco, IBM, Intel, and Microsoft, are committing to extensive training programs to reskill and upskill millions of workers globally, ensuring an inclusive workforce for the AI era.

• Widespread Impact on IT Jobs: The report predicts that 92% of IT jobs will experience significant changes due to AI, especially in mid- and entry-level positions.
• Shifting Skillsets: Skills such as AI ethics, responsible AI, and AI literacy are becoming increasingly important, while traditional skills like basic programming and content creation are losing relevance.
• Industry Training Initiatives: Companies like Cisco, IBM, and Microsoft are launching large-scale training programs aimed at reskilling millions of workers to thrive in the AI-driven job market.

Source: CIO

Universities Debate the Role of AI in Classrooms

As universities across the U.S. navigate the new academic year, many are incorporating AI policies into their syllabi, addressing how tools like OpenAI’s ChatGPT should be used in coursework. Some institutions, such as Cornell and Columbia, leave the decision to individual professors, while others, like Arizona State University, actively integrate AI into the curriculum. Despite the growing use of AI, challenges remain, particularly in detecting AI-generated content. Universities are exploring various approaches, from strict bans to encouraging creative AI use, all while grappling with the evolving role of AI in education.

• Diverse AI Policies: Universities like Cornell and Columbia allow professors to decide AI's role in coursework, while others, like Arizona State University, embrace AI tools for educational purposes.
• Challenges in Detection: There is currently no reliable tool to detect AI-generated content, complicating efforts to enforce AI policies in academic settings.
• AI in Education: Some universities are rethinking assessments and encouraging the creative use of AI, viewing it as a tool to enhance learning rather than just a potential source of academic dishonesty.

Source: WSJ

Canada's Viggle AI Raises $19M to Revolutionize Animation with AI

Viggle AI, a Canadian startup specializing in AI-driven character animation, has secured $19 million in Series A funding led by Andreessen Horowitz, with additional investment from Two Small Fish. The funding will help Viggle AI scale its operations, accelerate product development, and expand its team. The company’s proprietary JST-1 technology enables realistic character movements through simple text-to-video or image-to-video prompts, capturing the attention of animators and content creators worldwide. Viggle AI aims to revolutionize the animation industry by making high-quality, AI-generated animations accessible to both professionals and hobbyists.

• Major Funding Secured: Viggle AI raised $19 million in Series A funding, led by Andreessen Horowitz, to scale its AI-driven animation platform.
• Innovative Technology: The company’s JST-1 technology allows users to create lifelike animations with simple prompts, positioning Viggle AI as a leader in AI-powered content creation.
• Growing Community and Influence: Viggle AI has attracted a vibrant community of over four million users on Discord, with its tools being widely adopted by both professional animators and casual content creators.

Source: Financial Post

OpenAI Supports AI Content Labeling Bill in California

OpenAI is backing California's AB 3211, a bill that mandates tech companies to label AI-generated content to prevent the spread of misinformation, particularly in political contexts. This move is in contrast to the company's opposition to another AI-related bill, SB 1047, which requires safety testing for AI models. AB 3211 has gained traction, passing the state Assembly and advancing through the Senate. With many elections worldwide this year, transparency in AI-generated content is crucial to avoid confusion and misinformation, a concern highlighted by OpenAI as it supports this legislation.

• OpenAI Supports AI Content Labeling: OpenAI backs California’s AB 3211, a bill that requires AI-generated content to be clearly labeled, particularly to prevent misinformation in elections.
• Contrast with Other AI Legislation: While supporting AB 3211, OpenAI opposes SB 1047, another California bill focused on mandatory safety testing for AI models.
• Legislative Progress: AB 3211 has successfully passed the state Assembly and Senate appropriations committee and is set for a full Senate vote before potentially being signed by Governor Gavin Newsom.

Source: Yahoo Finance

Nvidia-Backed SMC Reduces AI Data Center Energy by 50%

Sustainable Metal Cloud (SMC), a data center company specializing in energy-efficient AI solutions, is gaining attention for its innovative HyperCubes, which use Nvidia processors submerged in a synthetic oil for cooling. This immersion cooling technology reduces energy consumption by up to 50% compared to traditional air cooling, offering a cheaper and more efficient alternative. As AI demands increase, SMC is expanding its sustainable data center solutions to new markets like Thailand and India. Backed by major partners like Nvidia and Deloitte, SMC is leading the charge toward greener, more efficient data centers.

• Innovative Cooling Technology: SMC's HyperCubes utilize Nvidia processors submerged in synthetic oil, reducing energy consumption by up to 50% compared to traditional air cooling.
• Expansion and Partnerships: SMC is expanding into new markets and has secured partnerships with Nvidia and Deloitte, positioning itself as a leader in sustainable AI data centers.
• Sustainable Data Centers: With growing AI demands, SMC’s energy-efficient solutions are gaining traction, supported by significant funding and interest from major enterprises and governments.

Source: CNBC

Author: Malik Datardina, CPA, CA, CISA. Malik works at Auvenir as a GRC Strategist who is working to transform the engagement experience for accounting firms and their clients. The opinions expressed here do not necessarily represent UWCISA, UW, Auvenir (or its affiliates), CPA Canada or anyone else. This post was written with the assistance of an AI language model. The model provided suggestions and completions to help me write, but the final content and opinions are my own.