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Tag: Default
Apple turns its AI on by default in latest software update
Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024.
Victor J. Blue | Bloomberg | Getty Images
Apple on Monday released a software update for iPhones, iPads and Macs that turns Apple Intelligence on by default for users with supported devices.
The updates, iOS 18.3, iPadOS 18.3 and macOS Sequoia 15.3, also disable AI summaries for news apps, which have gained a reputation for twisting news push notifications to display inaccurate facts.
The release is a milestone in the rollout of Apple Intelligence, the company’s suite of artificial intelligence features. Apple Intelligence is a critical product for Apple as it seeks to distinguish its products from competitors with an AI system integrated into iPhones and its other products.
While Apple Intelligence is already featured in the company’s marketing for the latest iPhones, the rollout has been deliberate and limited. Apple says that is to allow it to test new features and make sure it has enough server capacity. The entire Apple Intelligence suite is still officially in beta, and it’s only available in a handful of English-speaking countries.
Apple’s move to turn Apple Intelligence on by default is a step towards a more complete rollout of the feature. Previously, users with supported iPhones — models that were released in 2024 as well as 2023 “Pro” level models — were prompted to turn on Apple Intelligence when setting up their phone, a process that included downloading AI models from the internet and some installation.
With the latest updates, Apple Intelligence will be turned on by default when the latest software update is installed, expanding the number of users who are exposed to the software. Apple Intelligence is marketed as being able to rewrite text, generate images and summarize long emails and message threads.
“For users new or upgrading to iOS 18.3, Apple Intelligence will be enabled automatically during iPhone onboarding,” Apple said in the developer release notes for the update.
Users will have to navigate to the Apple Intelligence page in the Settings app to turn it off, according to Apple.
The latest software update also includes one of the most notable example so far of Apple rolling back an AI feature after it generated controversy and subpar results. Apple joins Google and Microsoft as companies that were forced to roll back new AI features after it generated harmful content or “hallucinations” that weren’t based in reality.
Apple Intelligence can take stacks of notifications and simplify them into a three-sentence notification. However, the BBC and other news outlets discovered in December that the feature can twist news headlines into inaccurate information.
Earlier this month, Apple’s system conflated notifications from BBC’s sports app to say that “Brazilian tennis player, Rafael Nadal, comes out as gay.” Nadal is Spanish and is married to Maria Francisca Perello.
The latest update disables Apple Intelligence for news and entertainment apps. Apple Intelligence also has been updated to show any notifications generated by its AI in italics, signifying which notifications are created by generative AI and which were pushed by the app itself.
“We’re pleased that Apple has listened to our concerns and is pausing the summarization feature for news,” a BBC spokesperson told CNBC.
Apple told CNBC earlier this month that its notification summaries for news apps would return in a future update.
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Apple turns its AI on by default in latest software updateApple has made a major change in its latest software update by turning on its artificial intelligence (AI) feature by default. This means that iPhone users will now automatically have access to AI-powered features such as Siri, photo recognition, and predictive text.
The decision to enable AI by default is a significant move for Apple, as it reflects the company’s commitment to integrating AI into its products and services. By turning on AI by default, Apple is making it easier for users to experience the benefits of this technology without having to manually enable it.
With AI now turned on by default, iPhone users can expect to see improvements in the performance of their devices, as AI can help to optimize processes and make tasks more efficient. Additionally, AI-powered features such as Siri will become more accessible and useful, providing users with a more personalized and intuitive experience.
Overall, Apple’s decision to turn on AI by default is a positive step towards enhancing the user experience and leveraging the power of AI technology. It will be interesting to see how this change will impact the overall functionality and performance of Apple products in the future.
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Forward Contracts: Pricing, Default Risk and Optimal Use
Price: $29.95
(as of Jan 02,2025 09:33:49 UTC – Details)
Publisher : Legare Street Press (July 18, 2023)
Language : English
Hardcover : 54 pages
ISBN-10 : 102079092X
ISBN-13 : 978-1020790928
Item Weight : 9.1 ounces
Dimensions : 6.14 x 0.25 x 9.21 inchesForward contracts are a popular financial instrument used by businesses and investors to hedge against future price fluctuations. In this post, we will explore the pricing of forward contracts, the role of default risk, and the optimal use of these contracts.
Pricing of Forward Contracts:
The price of a forward contract is determined by the spot price of the underlying asset, the risk-free interest rate, and the time to maturity of the contract. The formula for calculating the price of a forward contract is:Forward Price = Spot Price e^(r T)
Where:
- Spot Price is the current price of the underlying asset
- r is the risk-free interest rate
- T is the time to maturity of the contract
- e is the base of the natural logarithm (approximately equal to 2.71828)
Default Risk:
One of the key considerations when entering into a forward contract is the risk of default by either party. If one party fails to fulfill their obligations under the contract, the other party may incur significant losses. To mitigate this risk, parties may require collateral or use a clearinghouse to guarantee the performance of the contract.Optimal Use of Forward Contracts:
Forward contracts can be used for a variety of purposes, including hedging, speculation, and arbitrage. Businesses often use forward contracts to lock in prices for raw materials or currencies, protecting against adverse price movements. Investors may use forward contracts to bet on the future direction of asset prices or to exploit pricing discrepancies between different markets.It is important to note that forward contracts are not without risks, as they are subject to counterparty risk, liquidity risk, and market risk. Therefore, it is crucial for parties entering into forward contracts to fully understand the terms of the contract and the risks involved.
In conclusion, forward contracts are a powerful financial tool that can help businesses and investors manage price risk. By understanding the pricing of forward contracts, the role of default risk, and the optimal use of these contracts, parties can make informed decisions to achieve their financial objectives.
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(as of Dec 31,2024 15:54:38 UTC – Details)
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(as of Dec 31,2024 10:37:15 UTC – Details)
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(as of Dec 30,2024 17:04:19 UTC – Details)
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Package Dimensions : 7.99 x 4.92 x 0.39 inches; 0.74 ounces
Date First Available : October 30, 2023
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ASIN : B0CM4F111Z
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AMD RYZEN5 4500 6 Core 12 Thread Base Clock 3.6GHz 65W Default TDP AM4 CPU
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Price: $180.77
(as of Dec 26,2024 14:54:05 UTC – Details)
Includes ML-Series Remote Control Contura Switch PN 2146
Automatically manages the charging of two large battery banks
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