Latest news with #AIPulse
Yahoo
2 days ago
- Business
- Yahoo
C-suite overconfidence in AI could prove bad for business, says survey
In an ever-changing geo-political and economic climate, the key to business success appears to be the ability to adapt. Add into that the fast-paced world of tech and AI, and if you're not ready for change, you'll get left behind. 'AI is [such] an evolving ecosystem that companies are thinking through introducing a level of agility in their decision-making to give them the capacity to take on what AI is going to bring our way over the next while, without really, completely knowing what the answer is,' Jad Shimaly, global managing partner of client service at EY, told Euronews. But as companies prepare for increased AI adoption and innovation, are their consumers happy with the risks they're taking? The true definition of responsible AI appears to be somewhat up for debate, and that could have serious business consequences, according to EY's latest Responsible AI Pulse survey. 'There seems to be a decent gap between C-suite expectations and understanding of what responsible AI and what the risk of AI is and what customer and consumer's expectations are,' Jad explained. The survey highlighted that, in organisations that have already fully integrated AI, many C-suite leaders 'have misplaced confidence in the strength of their responsible AI practices and their alignment with consumer concerns'. This could lead to a reduction in consumer trust and a reduced competitive edge for the company, which is only set to increase as things like agentic AI become more prevalent. 'CEOs stand out as an exception — showing greater concern around responsible AI, a viewpoint that's more closely aligned with consumer sentiment,' the report noted, however. 'One in five CEOs think that they have AI risk under control, while a third of their C-suite think that they have AI risks under control,' Jad told Euronews. 'So the CEOs seem to be a bit less comfortable that AI risk is being fully understood and mitigated than their C-suite.' This difference in perception between CEOs and their senior colleagues is potentially linked to lower awareness levels or lower perceived accountability. 'It may also exhibit an imperfect understanding of the true potential of AI,' the survey added. Jad was confident, however, that as regulations around responsible AI become clearer and more harmonised across the world, consumers will feel more assured that risks are being sufficiently mitigated. Related Businesses set to fail if cyber resilience not most important thing says Splunk strategy head Air Astana: How can Kazakhstan's flag carrier boost its dwindling share price? Topics that incited different levels of concern between C-suite individuals and consumers included AI-generated misinformation, the use of AI to manipulate individuals, and AI's impact on vulnerable segments of society. Both sides weren't hugely concerned by the idea of job losses, the topic where they aligned most. The survey also found that companies still in the process of integrating AI were much more closely aligned with the level of concern of their consumers, compared to those who had already fully integrated AI. 'Just over half (51%) of [C-suite] in this group believe they're well aligned — compared with 71% of [C-suite] in organisations where AI is already fully integrated across the business,' the survey stated. Watch the video above to see more from the interview with EY's Jad Shimaly.


Euronews
2 days ago
- Business
- Euronews
C-suite overconfidence in AI could prove bad for business, says survey
In an ever-changing geo-political and economic climate, the key to business success appears to be the ability to adapt. Add into that the fast-paced world of tech and AI, and if you're not ready for change, you'll get left behind. 'AI is [such] an evolving ecosystem that companies are thinking through introducing a level of agility in their decision-making to give them the capacity to take on what AI is going to bring our way over the next while, without really, completely knowing what the answer is,' Jad Shimaly, global managing partner of client service at EY, told Euronews. But as companies prepare for increased AI adoption and innovation, are their consumers happy with the risks they're taking? What does responsible AI look like? The true definition of responsible AI appears to be somewhat up for debate, and that could have serious business consequences, according to EY's latest Responsible AI Pulse survey. 'There seems to be a decent gap between C-suite expectations and understanding of what responsible AI and what the risk of AI is and what customer and consumer's expectations are,' Jad explained. The survey highlighted that, in organisations that have already fully integrated AI, many C-suite leaders 'have misplaced confidence in the strength of their responsible AI practices and their alignment with consumer concerns'. This could lead to a reduction in consumer trust and a reduced competitive edge for the company, which is only set to increase as things like agentic AI become more prevalent. 'CEOs stand out as an exception — showing greater concern around responsible AI, a viewpoint that's more closely aligned with consumer sentiment,' the report noted, however. 'One in five CEOs think that they have AI risk under control, while a third of their C-suite think that they have AI risks under control,' Jad told Euronews. 'So the CEOs seem to be a bit less comfortable that AI risk is being fully understood and mitigated than their C-suite.' This difference in perception between CEOs and their senior colleagues is potentially linked to lower awareness levels or lower perceived accountability. 'It may also exhibit an imperfect understanding of the true potential of AI,' the survey added. Jad was confident, however, that as regulations around responsible AI become clearer and more harmonised across the world, consumers will feel more assured that risks are being sufficiently mitigated. Perception vs. Reality Topics that incited different levels of concern between C-suite individuals and consumers included AI-generated misinformation, the use of AI to manipulate individuals, and AI's impact on vulnerable segments of society. Both sides weren't hugely concerned by the idea of job losses, the topic where they aligned most. The survey also found that companies still in the process of integrating AI were much more closely aligned with the level of concern of their consumers, compared to those who had already fully integrated AI. 'Just over half (51%) of [C-suite] in this group believe they're well aligned — compared with 71% of [C-suite] in organisations where AI is already fully integrated across the business,' the survey stated. Watch the video above to see more from the interview with EY's Jad Shimaly.


Malaysian Reserve
02-06-2025
- Business
- Malaysian Reserve
AI PULSE UNVEILS GDEPIN: THE WORLD'S FIRST DECENTRALISED GPU COMPUTE MODEL THAT POWERS AI
WASHINGTON, June 2, 2025 /PRNewswire/ — AI Pulse, the cutting-edge decentralised AI compute platform, officially announces the launch of GDePIN—a revolutionary new computing model that merges GPU (Graphics Processing Unit) power with DePIN (Decentralised Physical Infrastructure Networks). Developed through five years of deep R&D and strategic collaboration between blockchain and AI experts, GDePIN introduces a globally first-of-its-kind framework that allows anyone—from everyday smartphone users to enterprise GPU operators—to earn passive income by contributing their idle computing power to fuel the AI revolution. Solving the AI Compute Crisis with a Crowd-Powered Solution As global AI adoption accelerates, demand for high-performance compute power has surged—pushing GPU prices to historic highs and creating widespread supply shortages. Traditional cloud providers and centralised GPU farms are increasingly unable to meet this exploding demand. AI Pulse is addressing this problem head-on with a distributed, scalable, and user-powered alternative. 'GDePIN isn't just a technical innovation; it's a movement that redistributes the future of AI computing back into the hands of the people,' said Robert Julian Carl, the CEO of AI Pulse. 'We're democratising access to AI earnings and empowering communities worldwide to participate in building the AI infrastructure of tomorrow.' What Is GDePIN? GDePIN stands for GPU + DePIN, an industry-first model that transforms decentralised physical infrastructure into a high-throughput, AI-optimised computing grid. Each GDePIN unit leverages a dedicated Nvidia H100 GPU or a combination of consumer-grade computing resources, all coordinated through AI Pulse's proprietary supercomputing algorithm. This algorithm smartly balances workloads across thousands of distributed devices—whether high-performance servers, laptops, or even smartphones—enabling efficient, secure, and dynamic resource utilisation. At the same time, the platform's DePIN layer reclaims idle processing power from contributors and routes it into active AI workloads like model training, inference, scientific computing, and even cryptocurrency mining. How Contributors Earn: The GDePIN Ecosystem in Action GDePIN's incentive-driven architecture ensures that anyone with a device and an internet connection can become a contributor and start earning. Here's how it works: Connect & Contribute Users register on the AI Pulse platform and install a lightweight connector that links their device—be it a GPU server, laptop, or mobile phone—to the AI Pulse network. Smart Allocation of Tasks The platform's AI algorithm evaluates each device's specs and allocates suitable workloads automatically. High-performance devices may process AI model training, while smaller devices assist in auxiliary or paralleliable tasks. Fair Rewards & Blockchain Settlement Contributors earn tokens based on the volume, quality, and reliability of compute resources they provide. All transactions are executed transparently via blockchain smart contracts, ensuring real-time visibility, fairness, and auditability. Compounding Ecosystem Growth As more contributors join, AI Pulse's compute grid grows exponentially, enabling it to handle more commercial workloads. In turn, this generates more demand, more compute purchases, and more earnings for contributors. This win-win cycle ensures a stable and growing revenue stream for participants while making high-quality AI compute power more affordable and accessible to developers, researchers, and enterprises. Built in Washington D.C., Designed for the World AI Pulse is headquartered in Washington D.C., but its mission is global. The team behind the platform comprises blockchain pioneers and AI specialists with over five years of active development experience. The company has strategically positioned itself as the only provider of a fully functional blockchain-AI compute leasing solution, backed by proprietary GDePIN technology. Since 2020, AI Pulse has heavily invested in research, resulting in a robust, scalable platform that meets the practical needs of the AI industry without compromising decentralisation, efficiency, or economic inclusion. Join the AI Compute Revolution AI Pulse invites all device owners—from students with gaming laptops to tech professionals with server farms—to become part of the GDePIN ecosystem. By contributing your idle compute power, you not only earn passive income but also help accelerate the AI progress shaping our collective future. To register as a contributor or learn more, visit