1. CEOs view AI as a “top investment priority.” “I think it’s a recognition that generative AI is transformational and that it’s not hype,” Paul Knopp, U.S. CEO of KPMG, told Axios. “It provides opportunities to potentially grow revenues, but it also will provide opportunities to make workforces and business processes more efficient.” – Read More on Axios
2. Deepfake celebrities begin shilling products on social media, causing alarm. The news comes amid a larger debate on the ethical and legal implications of AI in the media and entertainment industry. – Read More on ars Technica
3. How AI is changing retail jobs at Walmart. AI also suggests optimal product placements on shelves, while a new feature under development will soon prioritize workers’ tasks according to urgency. – Read More on Quartz
4. Amazon reportedly used a secret algorithm to jack up prices. Project Nessie allegedly helped Amazon increase its profits by artificially increasing its prices across different shopping categories until the company reportedly stopped using it in 2019. – Read More on the Verge
5. ‘This Is a False Advertisement’: X Ads Are Being Challenged by Reader Context. Fact-checking notes on X are making some advertisers more cautious about spending on the social-media platform. – Read More on the WSJ
6. SAG-AFTRA Leader: Actors Should Get Same AI Protections As Studios. If authors are able to establish that OpenAI’s scraping of their novels undercut their economic prospects to profit off of their works by, for example, interfering with potential licensing deals that the company could have instead pursued, then fair use is likely not to be found. – Read More on THR