This is a market research report from Grand View Research whose primary focus is the global artificial intelligence (AI) market, projecting that it will reach $3.5 trillion by 2033, driven by a 31.5% annual growth rate. The document details key market drivers, such as the integration of AI into consumer wearables and advances in deep learning technology, while also segmenting the market by solutions, technologies, functions, end-use (with healthcare and the Asia Pacific region leading in 2024), and region. The report also includes supplementary information from Grand View Research on related AI markets, such as mobile AI and automotive AI. Continue reading
Tag Archives: Existential risk from artificial intelligence
UK Corporate Digital Communication: AI Responsibility and Transparency Gaps
A Webranking survey by Comprend assessment details how well the corporate websites of the UK’s largest listed companies meet stakeholder expectations for digital communication and transparency. A major finding is that while UK companies are strong in digital accessibility (with 75% publishing an accessibility statement), they significantly lag in responsible AI disclosure, as only 10% provide a policy or framework for ethical AI use, falling slightly behind the European average. The report notes a “clear gap” between merely discussing AI and demonstrating responsible governance, though sustainability communication is also expanding in scope. Overall, UK companies achieved an average score of 46.4 out of 100 in the ranking, with Coca-Cola HBC being the top scorer, demonstrating consistent strength in financial transparency and cohesive storytelling. The survey underscores the growing pressure on businesses to communicate clearly on complex topics like AI governance and sustainability amid evolving regulatory frameworks. Continue reading
AI’s Cronos Syndrome: Labs Versus App Developers
Nov. 2, 2025 /Mpelembe Media/ — An article from The Economist titled “OpenAI and Anthropic v app developers: tech’s Cronos syndrome,” examines the emerging competitive dynamic between large language model (LLM) providers, such as OpenAI and Anthropic, and the specialised AI application developers that build their businesses atop these models. The article uses the metaphor of Cronos devouring his children to illustrate the fear that the powerful, highly-valued AI labs may eventually usurp the profits of the smaller app-makers like Cursor and Harvey. Continue reading
IRS Artificial Intelligence Governance and Principles
Jan. 3, 2025 /Mpelembe Media/ — This interim guidance memorandum from the IRS Chief Data and Analytics Officer outlines new Internal Revenue Manual (IRM) 10.24.1, establishing AI governance principles and processes. It details requirements for AI use case inventories, approval procedures, and risk management, particularly for safety-impacting or rights-impacting AI. Continue reading
