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At the "FUTU Investment Expo" held on March 21st at the Hong Kong Convention and Exhibition Centre in Wan Chai, FUTU Securities officially announced the integration of DeepSeek-R1 and the launch of a series of upgraded artificial intelligence (AI) product features. The expo, themed "Intelligent" Investing, attracted significant attention from retail investors. FUTU Securities founder and chairman, Li Hua, stated at the expo that the newly launched Bull AI will provide investors with more flexible services. Unlike the previous unidirectional "AI stock interpretation", Bull AI is capable of processing...

According to a recent report by Market.us, generative AI is experiencing rapid expansion in the trading market. The market size is projected to grow from $245.3 million in 2024 to $2.3587 billion in 2034, exhibiting a Compound Annual Growth Rate (CAGR) of 25.4%. This growth is primarily driven by the adoption of AI-driven trading strategies and advanced analytics. Image Note: Image generated by AI, image licensing provider Midjourney. In 2024, North America dominated the market.

California Senator Jerry McNerney introduced the "No Robo Bosses Act" on Thursday. This bill, Senate Bill 7, seeks to ensure human oversight of artificial intelligence (AI) decision-making in the workplace, making it a first-of-its-kind proposal nationwide. The bill would prohibit California employers from solely relying on AI or automated decision systems (ADS) for hiring, promotion, discipline, or termination.

Recently, companies like Meta and Spotify have united to publicly criticize the European Union's decisions in the fields of data privacy and artificial intelligence (AI). In an open letter, they pointed out that the EU's decision-making process has become 'fragmented and inconsistent,' which not only affects business operations but could also undermine Europe’s competitiveness in the AI era. Image note: The image is generated by AI, and the image is licensed from Midjourney. The open letter states that with increased regulation on data privacy, businesses face challenges in using data to train AI models.

The UK government has released guidelines allowing judges to use ChatGPT for drafting judgments. The guidelines detail the proper usage methods, potential risks, and examples, aimed at judicial institutions. The Lord Chief Justice Colin Birss highlighted the convenience of ChatGPT but emphasized the precautions. The guidelines stress the need for caution when using ChatGPT, advising against handling unknown content and noting legal distinctions. The release marks a recognition of generative AI in the judicial field, with plans for continuous improvement of related guidelines.

Judges in England and Wales have been granted permission to use ChatGPT for legal rulings, despite warnings about AI fabricating cases. The judiciary office issued official guidance stating that AI can be used to summarize texts and perform administrative tasks. The guidance warns that ChatGPT may invent cases in research, mentioning that deepfake technology could create false evidence.

The player organization Neural Nexus in Eve Online is attempting to use artificial intelligence technology to manage guild affairs. The Neural Nexus team employs a GPT-4-based chatbot to make decisions. The guild council uses ChatGPT to screen applicants and allows the bot to determine the criteria for evaluating potential new members. The Neural Nexus guild currently has nearly 20 members and has established influence in several regions. CCP Games regarding AI in the gaming world...

Scientists from the University of Toronto and MIT discovered that AI systems trained with descriptive labels may make harsher decisions than humans. The research reveals profound flaws in AI algorithm training, which could affect decision-making in areas such as housing, loans, and surgeries, leading to catastrophic consequences for humanity. The experiment used a dog image dataset, showing that descriptive labels resulted in harsher judgments of non-compliant dogs, potentially leading to social injustices. Algorithms may reinforce social biases in areas such as PhD applications and hiring, exacerbating inequality. Researchers urge for prompt corrections to this issue.

The UK government is using deep learning algorithms across multiple departments, encountering issues with biased training data. The Home Office's use of AI to read passports at airports has shown significant racial bias. To avoid bias, more transparent algorithms and open data access for expert verification of the system's fairness are needed. While the UK government has taken measures, there is still a need for stronger legal pressure to ensure organizations using AI comply with regulations. We need to ensure fairness and justice in AI technologies through legal, technical, and educational means.

The Bank of England believes that AI could exacerbate financial stability risks and undermine trust in banks. They are concerned that algorithms may lead to discriminatory decisions and replicate historical biases. The Bank stated that the use of opaque AI models by multiple companies could impact market stability. They recommend that central banks consider how to limit the risks of AI used by financial firms. The Bank's viewpoint has heightened concerns among countries about the rapid development of AI.