AI Innovations Transform Accounting and Tackle Election Misinformation

In this episode, we explore how Numeric's $28 million Series A funding is revolutionizing accounting through AI automation, streamlining month-end processes. We also discuss Midjourney's controversial decision to block images of political figures to combat election misinformation, and the alarming rise of AI-generated disinformation impacting global elections. Finally, we analyze the implications of Europe's groundbreaking AI Act, setting a precedent for responsible AI use worldwide.

Sources:
https://techcrunch.com/2024/10/10/numeric-grabs-28m-series-a-for-automating-accounting-with-ai/
https://apnews.com/article/midjourney-ai-imagegenerator-biden-trump-deepfakes-bc6c254ddb20e36c5e750b4570889ce1
https://apnews.com/article/artificial-intelligence-elections-disinformation-chatgpt-bc283e7426402f0b4baa7df280a4c3fd
https://apnews.com/article/ai-act-european-union-chatbots-155157e2be2e42d0f1acca33983d8c82

Outline:
(00:00:00) Introduction
(00:00:39) Numeric grabs $28M Series A to automate accounting using AI
(00:03:48) AI image-generator Midjourney blocks images of Biden, Trump
(00:06:20) AI-created election disinformation is deceiving the world
(00:09:07) Europe's AI Act: How does it work and what happens next?