Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

TECHNOLOGY

AI defined 2023. Bullets and ballots will shape 2024

By Simon Robinson

(Reuters) – How to sum up the most important news of the year past? The obvious answer in 2023 is to use Artificial Intelligence. In that spirit, I asked OpenAI’s ChatGPT and Google’s Bard – two of the most popular generative AI tools – to do the job for me.

Their responses show AI’s power, but also the ways it still falls short, in this case both in terms of Reuters editorial standards and when compared to human editors.

ChatGPT told me that “As an AI, I don’t have real-time access to current events or the internet to know the specific events of 2023” before offering me “a hypothetical scenario based on current trends and topics.” Its rosy scenario included the global community agreeing “to a radical and comprehensive set of measures to reduce carbon emissions significantly by 2030”, scientists successfully wrapping up final phase clinical trials of an unnamed cancer vaccine, and the United Nations brokering a deal to end decades of geopolitical tensions in an unspecified region of the world.

If only.

Bard was more helpful and accurate, offering me a summary of news from the Russia-Ukraine war (though it was slightly unclear on what year the war started), what happened to the global economy, and details of tech developments, including AI and gene editing. It missed the war between Hamas and Israel.

But even if AI cannot yet match a journalist, the technology’s emergence in 2023 promised (or threatened, depending on your viewpoint) a profound shift in the way humans operate, and boosted the stock prices of companies that embraced that promise. In 2024, expect more progress and more news on regulators scrambling to keep up.

Next year will also be defined by bullets and ballots.

In October, Hamas militants attacked Israel, killing around 1,200 civilians and taking about 240 more captive. The brutal surprise attack – the single most deadly day in Israel’s history – triggered a massive retaliatory operation. Israel has pounded Hamas and other militant groups in Gaza for weeks, ordered the movement of more than a million people within the tiny enclave, and killed, according to the Hamas-run Gaza Health Ministry, more than 14,000 Palestinians, including 5,000 children.

A days-long pause in late November to allow Hamas to return some Israeli hostages and Israel to return some Palestinian prisoners to Gaza, ended and the fighting looks likely to drag into 2024.

The conflict in Ukraine also shows no sign of slowing. Russian and Ukrainian forces continue to fight in Ukraine’s east and the south, but momentum on both sides has ground to a near halt. The key to any change in the stalemate lies as much in Washington and Brussels – and the West’s appetite for continued help for Ukraine – as it does in Moscow and Kyiv.

This was also the year China’s economic struggles worsened, even as Beijing and Washington attempted to mend relations between their two countries. In 2024, those efforts, and even the likelihood of a Chinese invasion of Taiwan, will pivot on what happens in the U.S. presidential elections. A second term for Donald Trump would throw everything up in the air again – including the future of U.S. democracy.

The U.S. election will be the single, most defining political event next year, both at home and abroad. But other major stories will emerge from voting booths around the globe.

More than 900 million eligible voters in India will determine the political fate of Prime Minister Narendra Modi next spring. Mexico may cast aside a tradition of machismo and elect Mexico City mayor Claudia Sheinbaum as its first female President. And a less competitive race is taking shape in Russia, where Vladimir Putin is seeking another six-year term in office, putting him in the realm of Joseph Stalin’s lengthy reign over the country.

You will notice our year-end stories look ahead to a range of critical questions for 2024. What’s next for abortion and reproductive rights in the United States? Is inflation around the world beaten? Will weight loss drugs reverse the obesity epidemic? And can Taylor Swift’s power get even bigger?

Like many newsrooms, Reuters is experimenting with how AI can help us package, produce and deliver our journalism. But that journalism will continue to come from our reporters on the ground around the world, covering the news that matters without fear or favour.

(Editing by Edward Tobin)

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts