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Weekly AI news and facts from the team at Apres. Each update includes 3 picks from the AI community, 2 quotes we love, and 1 question for you to ponder.
3 Picks from the AI Community

A new report, 'AI Startups and the Fight against Mis/Disinformation,'  interviewed 20 AI startups to get an update on the role of AI in the fight against mis/disinformation and the evolution of the market for tech-based solutions, many of which use some form of AI and machine/deep learning for content moderation, media integrity, and verification. (Report)

Wondering where AI regulations stand in each U.S. state? The Electronic Privacy Information Center (EPIC) released 'The State of State AI Policy,' a roundup of AI-related bills at the state and local level that were passed, introduced, or failed in the 2021-2022 legislative session. (Article)

The financial industry AI love fest persists due to its power to tackle risk management and other industry-specific objectives. Wealth management firms were found to be particularly high on AI, while insurance companies use the technology at a lesser rate, according to a new study, 'The Future of the Data-Driven Workplace.' (Report)

2 Quotes We Love

“Banks worldwide are expected to spend an additional $31 billion on AI embedded in existing systems by 2025 to reduce fraud.” – IDC

“The ethical integration of AI with human values and emotions is the foundation of future AI.” – Amit Ray

1 Question

Can everyone in your organization understand AI model explanations? What can you do to improve the quality of explanations provided to them?

... and a short update on Apres

Reduce false positives without missing real fraud. After integrating with Apres, organizations have reduced false positives and negatives by 25% or more.

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