Japan decided last week to join the U.S. and Netherlands in limiting exports of chipmaking gear to China. As early as July, suppliers of 23 types of chip technology will need a government sign-off to export to countries including China, which has been struggling to build a domestic chip industry. Japanese companies impacted by the restrictions include Tokyo Electron, Lasertec, Nikon Corp. and Screen Holdings, according to the Japanese trade ministry. The central goal of the clampdown is to make it harder for Chinese firms to produce advanced chips for artificial intelligence. Read more

After many years of academia leading the way in the development of artificial intelligence, the tides have shifted and industry has taken over, according to the 2023 AI Index, a report created by Stanford University with help from companies including Google, Anthropic and Hugging Face. “In 2022, there were 32 significant industry-produced machine learning models compared to just three produced by academia,” the report says. The shift in influence is attributed mainly to the large resource demands — in staff, computing power and training data — required to create state of the art AI systems. Read more

Clement Delangue, co-founder and CEO of New York-based Hugging Face, turned a casual invitation to meet with open-source AI stakeholders during a trip to San Francisco into what is being called the “Woodstock of AI.” In a matter of days, the event ballooned to more than 5,000 people hosted at the Exploratorium on March 31. “We just crossed 1,500 registrations for the Open-Source AI Meetup!” Delangue messaged the RSVP list days before the event. “What started with a tweet might lead to the biggest AI meetup in history.” The 8-year-old company is also making headlines for its new HuggingGPT system. Read more

YouTube is expanding its Analytics for Artists feature with a new Total Reach metric that will include data for fan-uploaded YouTube Shorts. In addition to official content uploaded by the artist as well as user-generated long-form videos, YouTube says Total Reach represents “the most comprehensive snapshot of the size of an artist’s audience on YouTube,” showing how many viewers are experiencing content across all formats. The company is also launching a new Songs section in Analytics “to help artists see how fans are listening to their music or creating with it, across all video formats, all in one place.” Read more

A new Goldman Sachs report suggests artificial intelligence could trigger “significant disruption” in the global labor market. In the U.S. and Europe, as many as two-thirds of jobs could become automated at least in part, and generative AI could substitute up to one-fourth of current work. Extrapolating the estimates globally indicates generative AI “could expose the equivalent of 300 million full-time jobs to automation,” the report says. Among U.S. workers, of those occupations that present a natural opportunity for AI assistance, somewhere between 25-50 percent of existing duties can be replaced, the Goldman Sachs research team says. Read more