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Digital portfolio spells trouble for new European Commission
Just as European Commission President Ursula von der Leyen was preparing to present her new team, there is trouble over the line-up for Commission posts: The European Union’s current Commissioner for the Internal Market and Services, Thierry Breton, has unexpectedly submitted his resignation. In his resignation letter, which the Frenchman posted on X, Breton justified…
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The IT sector is bringing down Europe all on its own
On Monday of last week, former European Central Bank chief Mario Draghi presented his “long-awaited” report on the EU’s competitiveness, which the Commission tapped him to produce a year ago. The report will form the basis of the policy work going forward for the new commission that will soon take office. I put long-awaited in quotation marks…
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When new apps lead to lower worker productivity
Recent years have brought hundreds of new applications, including modern videoconferencing, task trackers, and AI assistants, but some IT leaders haven’t seen the employee productivity gains they expected. Many apps and platforms have promised productivity gains, and some have delivered, but a new productivity paradox — in which employee productivity doesn’t match the rapid advancement…
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Lo-Fi Weather Channel Videos Are Soothing Climate Fears on YouTube
Hours-long videos of ’80s and ’90s Weather Channel broadcasts set to vaporwave tunes are all over YouTube. They’re perfect for those moments you want to remember a time when weather was a little less scary.
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Rethinking enterprise architects’ roles for agile transformation
CIOs often have a love-hate relationship with enterprise architecture. On the one hand, enterprise architects play a key role in selecting platforms, developing technical capabilities, and driving standards. Moreover, undertaking digital transformation and technology modernization programs without an architect can lead to delays, technical debt, higher costs, and security vulnerabilities. On the other hand, enterprise…
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Proyecto Agorá: el BIS incorpora a BBVA, CaixaBank y Santander para explorar nuevas formas de pago internacionales
Tres gigantes de la banca española se suman, de ahora en adelante, al Proyecto Agorá impulsado de manera conjunta por el Banco de Pagos Internacionales (BIS, por sus siglas en inglés) y el Instituto de Finanzas Internacionales (IIF). En concreto, BBVA, CaixaBank y Banco Santander se sumarán a otras compañías del sector privado internacional para…
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Why OpenAI’s new model is such a big deal
This story is from The Algorithm, our weekly newsletter on AI. To get it in your inbox first, sign up here. Welcome back to The Algorithm! This week we’re going to talk about OpenAI’s impressive new reasoning model, called o1. I want to illustrate why it’s such a big deal with an example from my wedding…
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Intrinsic Dimensionality and Compositionality: Linking LLM Hidden States to fMRI Encoding Performance
Cognitive neuroscience studies how the brain processes complex information, particularly language. Researchers are interested in understanding how the brain transforms low-level stimuli, like sounds or words, into higher-order concepts and ideas. One important area of this research is comparing the brain’s language processing mechanisms to those of artificial neural networks, especially large language models (LLMs).…
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Agent Zero: A Dynamic Agentic Framework Leveraging the Operating System as a Tool for Task Completion
AI assistants have the drawback of being rigid, pre-programmed for specific tasks, and in need of more flexibility. The limited utility of these systems stems from their inability to learn and adapt as they are used. Some AI frameworks include hidden features and processes that are difficult for users to access or modify. This lack…
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Understanding the Inevitable Nature of Hallucinations in Large Language Models: A Call for Realistic Expectations and Management Strategies
Prior research on Large Language Models (LLMs) demonstrated significant advancements in fluency and accuracy across various tasks, influencing sectors like healthcare and education. This progress sparked investigations into LLMs’ language understanding capabilities and associated risks. Hallucinations, defined as plausible but incorrect information generated by models, emerged as a central concern. Studies explored whether these errors…