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Thursday, February 9, 2023

Microsoft to enhance search engine, browser

Microsoft is rolling out an intelligent chatbot to live alongside Bing’s search results, putting AI that can summarise web pages, synthesise disparate sources, even compose emails and translate them into more consumers’ hands. — Reuters

REDMOND: Microsoft Corp is revamping its Bing search engine and Edge Web browser with artificial intelligence (AI), the company says, signalling its ambition to retake the lead in consumer technology markets where it has fallen behind.

The maker of the Windows operating system is staking its future on AI through billions of dollars of investment as it directly challenges Alphabet Inc’s Google, which for years has outpaced Microsoft in search and browser technology.

Now, Microsoft is rolling out an intelligent chatbot to live alongside Bing’s search results, putting AI that can summarise web pages, synthesise disparate sources, even compose emails and translate them into more consumers’ hands.

Microsoft expects every percentage point of share it gains will bring in another US$2bil (RM8.6bil) in search advertising revenue.

Working with the startup OpenAI, Microsoft is aiming to leapfrog its Silicon Valley rival and potentially claim vast returns from tools that generally speed up content creation by automating tasks, if not jobs themselves.

That would affect products for businesses, such as the cloud computing and collaboration tools Microsoft sells, as well as the consumer Internet.

“This technology is going to reshape pretty much every software category,” Microsoft chief executive Satya Nadella told reporters in a briefing at the company’s headquarters in Redmond, Washington.

The company’s share of search so far is about an estimated 10th of the market. Still, many investors see new technology as a win for all players. Microsoft’s stock closed 4.2% higher on Tuesday, while Alphabet gained 4.6%.

The power of so-called “generative AI” that can create virtually any text or image dawned on the public last year with the release of ChatGPT, the chatbot sensation from OpenAI.

Its human-like responses to any prompt have given people new ways to think about the possibilities of marketing, writing term papers, disseminating news or querying information online.

Microsoft’s new Bing search engine is live in limited preview on desktop computers and will be available for mobile devices in the coming weeks.

The company hopes user feedback will improve its AI, which Microsoft officials said may still produce factually inaccurate information known as hallucinations. Meanwhile, it has worked to prevent the misuse of its technology.

Underpinning the new Bing is what Microsoft is calling the Prometheus model - OpenAI’s most powerful technology, informed as needed by real-time web data from Bing.

That means Bing’s chatbot can brief consumers on current events, a step beyond ChatGPT’s answers that are currently limited to data as of 2021.

Jordi Ribas, Microsoft’s corporate vice president for search and AI, told Reuters the tech advances his team witnessed last summer emboldened the company to move ahead with an AI-infused Bing.

Microsoft’s chief financial officer also said OpenAI’s “new, next-generation” technology is powering its search engine, though officials declined to specify if this entailed the startup’s highly anticipated upgrade known as GPT-4.

Microsoft is aiming to market OpenAI’s technology, including ChatGPT, to its cloud customers and add the same power to its entire suite of products, not just search.

In the near term, Gartner analyst Jason Wong said Microsoft’s “partnership with OpenAI is more relevant for its business customers.

It could offer “disruptive opportunities” in consumer businesses as well.

“Except for gaming, Microsoft has not been a leader in key consumer technologies, such as search, mobile and social media,” he added.

Google has nonetheless taken note of Microsoft’s challenge.

On Monday, it unveiled a chatbot of its own called Bard, and it is planning to release its own AI in search that can synthesise material when no simple answer exists online.

Microsoft’s decision to update its Edge browser will likewise intensify competition – with Google’s Chrome competitor.

However, the Redmond-based company expects to roll out the updated Bing to other browsers eventually. — Reuters

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Wednesday, February 8, 2023

Tech giants explore new OpenAI opportunities as ChatGPT, the latest chatbot launched

OpenAI, which Elon Musk helped to co-found back in 2015, is the San Francisco-based startup that created ChatGPT. The company opened ChatGPT up for public testing in November 2022. In under a week, the artificial intelligence model amassed over a million users, according to OpenAI’s CEO, Sam Altman. By the end of January, ChatGPT was averaging about 13 million visitors per day. Users have had ChatGPT write everything from essays, to lyrics and even correct computer code. ChatGPT is part of a growing field of AI known as generative AI, which allows users to create brand new content including videos, music and text. But generative AI still faces a number of challenges, such as developing content that is inaccurate, biased or inappropriate. Now enterprises and the public are wondering what wide access to AI will mean for businesses and society.

Chapters: 00:00 — Intro 01:36 — Chatting with ChatGPT 03:03 — Understanding ChatGPT 06:39 — Use cases and limitations 10:09 — Future implications

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Driving innovation: Nigerian artist Malik Afegbua creates hyper-realistic pictures of African people using artificial intelligence at his home in Lagos. China leads the world in this technology, as well as in the number of AI journals and related publications. — Reuters

SHANGHAI: Chinese tech companies are upping the ante in the fast-growing artificial intelligence (AI)-generated content sector as ChatGPT, the latest chatbot launched by US-based artificial intelligence research company OpenAI, gains wide popularity since its November debut and revolutionises the field due to its advanced conversational capabilities.

Leveraging machine learning algorithms, ChatGPT is able to mimic humanlike responses with AI-generated content (AIGC) and assist people with tasks such as writing essays and scripts, making business proposals and even checking programme bugs, which it does within seconds.

AIGC-related stocks continued to rally in the A-share market, with Chinese AI companies, such as Cloudwalk Technology and Speechocean, seeing their shares surge by the daily limit of 20% on the science and technology innovation board on Monday.

Experts said that AIGC is likely to become a new engine driving innovation in digital content production and freeing human creators from tedious tasks, with a wide range of commercial applications in fields such as culture, media, entertainment and education.

Chinese tech heavyweight Baidu Inc announced yesterday that it will complete internal testing of its AI chatbot service, similar to OpenAI’s ChatGPT, called “Ernie Bot” in March.

The Beijing-based company has invested large sums of money in developing its Ernie system, a large-scale machine-learning model that has been trained on massive data over several years and possesses in-depth semantic comprehension and generation capabilities.

Robin Li, co-founder and chief executive officer of Baidu, said in January that AIGC will subvert existing content production models in the next decade, and AI has the potential to meet massive demand for content at a 10th of the cost and a hundred or thousand times faster.

Jianying, an AI-powered short-video editing app launched by Chinese tech company Byte-Dance, allows users to generate creative videos by simply putting in a few keywords or a paragraph of text.

Online gaming company Net-Ease has released its AI music creation platform, Tianyin, where users can customise a song by entering lyrics.

Pan Helin, co-director of the Digital Economy and Financial Innovation Research Centre at Zhejiang University’s International Business School, said that ChatGPT, as a milestone in AIGC-related technologies, uses reinforcement learning from human feedback to train the data model, with significant enhancements in natural language processing capacities that improve the logic of responses.

Chinese enterprises should step up efforts to roll out indigenous versions of the AI-powered chatbot and increase investments to improve related algorithms and computing power, Pan said.

Chen Jia, an independent strategy analyst, said: “Chinese tech enterprises have unique advantages in expanding AI application scenarios globally.”

China has made significant progress in developing the AI industry.

A Stanford University report showed that China filed more than half the world’s AI patent applications in 2021 and continued to lead the world in the number of AI journals, conference papers and related publications.

Baidu, Tencent and Alibaba have invested heavily in promoting the commercial use of AI, and some Chinese AI unicorns have grown rapidly in recent years, Chen said.

But he noted that Chinese tech companies lag behind top-notch foreign competitors in fundamental research and development input and comprehensive innovation abilities.

“AIGC is in the initial stage of development, and there is still a long way to go to realise large-scale commercialisation, as the application scenarios and related laws and regulations are far from mature,” said Guo Tao, deputy head of the China Electronic Commerce Expert Service Centre.

Meanwhile, the use of AIGC-related technologies raises concerns about ethics, copyright protection and privacy, he added.— China Daily/ANN

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Monday, February 6, 2023

Trow mandarins in search of love

Hope this works: (from left) Ng, Khor, Lee and Chung seen at the waterfront. — LIM BENG TATT/The Star

GEORGE TOWN: Centuries ago, when maidens in China could not freely socialise, Chap Goh Meh – the 15th and last day of Chinese New Year (CNY) festivities – was the only evening when they could step out of their homes without being closely chaperoned.

As they went out, dressed in their Sunday best, to temples to pray for a blessed future, young men would be out on the streets too – because this was about the only time of the year when they could openly admire the lasses of their villages.

If a young lady stole their heart at first sight, a young man would then seek the services of a matchmaker to make the proper enquiries and hopefully, introductions.

That is how Chap Goh Meh became to be known as the Chinese equivalent of Valentine’s Day, while in Penang and other parts of Malaysia, another tradition was added to it.

Sometime in the 19th century, single Chinese ladies went out in groups to the seaside on Chap Goh Meh and tossed out mandarin oranges which, just like throwing coins into a well, would hopefully bring them good luck in the form of the man of their dreams.

This tradition has stuck around to this day and for Jess Ng, 26, and her three gal pals, the new in-thing for them is to do it by themselves instead of being stuck in a crowd.

“I never threw mandarins for Chap Goh Meh before because I didn’t like the traffic jams and the large crowd of people.

“This year, we decided that since this is our first time celebrating Chinese New Year together since the Covid-19 pandemic, we should try this mandarin-throwing,” Ng said with a laugh.

Ng, Star Khor, 22, Rachel Lee, 20, and Kelly Chung, 28, are all hairdressers who had their fair share of troubles during the pandemic, as hair salons were among the last types of businesses to be allowed to resume normal operations.

Ng said she did not currently have a boyfriend nor did she believe that throwing mandarins into the sea would really help her find one.

“But I wanted to do it just to celebrate the last day of CNY. I pray that the Year of the Rabbit would be a happy one for the world. Everyone has been through a lot and I hope this year, we will all find blessings,” she said.

Unlike Ng, Lee went ahead and scribbled her phone number with a permanent marker on her mandarins before throwing them.

“I wouldn’t know what to do if someone actually calls me and say they found my mandarin,” Lee laughed.

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Sunday, February 5, 2023

It’s a health scam at heart

PETALING JAYA: Retiree K. Niyani got a phone call supposedly from a clinic, offering her a free medical screening for her heart condition.

“They knew I am a heart patient and the details were correct. I’ve never signed up for anything with them, so it’s strange they knew my medical condition,” she said.

“The clinic insisted that I go for a screening although I told them I go for regular check-ups at a hospital.”

Niyani, 67, said the phone call came from a landline number.

The caller, she said, mentioned the name of the clinic.

Upon searching the Internet for the name, Niyani, from Penang, found that there was no such clinic.

Instead, the search results showed a “wellness centre” with the same name that offered spa services.

The call was likely a ruse to lure people into spending money on purported health packages they don’t need.

In such cases, the victims are told that the health screening is by invitation only.

One of the most common requirements is that the person must have a credit card.

They are sometimes required to share their credit card number and other financial and personal details, including MyKad numbers, during the call.

“Most important is that you must have a credit card. Remember, this is by invitation only and we are offering to people aged between 30 and 65,” said one such caller.

According to the caller, the offer was being made in conjunction with World Heart Day (which is marked annually on Sept 29.)

A check by The Star on some of the names of the organisations and clinics supposedly offering these services revealed that some of them did not exist.

Some of these callers even had information on the person’s health status, especially those with heart conditions.

Content writer Fila Rizal, 42, said she received such calls from a mobile phone number, offering a free heart screening at a clinic.

“This happened several times despite me declining the offer. I have never heard of such a clinic,” she said.

Another person – who wants to remain anonymous – took up the offer and went to a screening.

He said the consultation comprised checking the vein on a finger.

“The doctor then asked me to get a package which was quite costly. I didn’t quite understand the package but it had some supplements in it as well. I put my foot down, saying that I did not want any of it. And I left,” he said.

Another anonymous participant said the package offered to him cost more than RM10,000.

“I did not understand what the package was all about, but the price tag shocked me. In fact, there were a lot of confusing details. Maybe they hope you would just buy into it,” he said.

Public health advocate Datuk Dr Zainal Ariffin Omar said there is a possibility that scammers might have been given access to some health records by “irresponsible agents”.

Or the schemers might just be banking on general information on the Malaysian population’s health and disease statistics, he said.

“People must exercise common sense. If they have medical problems, go to a clinic or hospital.

“Do not engage in online consultations or other medical dealings,” said the former Health Ministry official.

“The ethics of screening of medical conditions must be done with proper consultation and follow-up.”

Unfortunately, such calls offering these supposedly free wellness screening packages are not new.

In July 2020, the National Heart Institute (IJN) issued an alert on its Facebook page cautioning the public against scam calls offering these so-called packages.

“We have been receiving calls from the public and our partners saying that they received a call from IJN offering free wellness screening packages and asking them to provide payslip, identification card and other personal documents to enrol for this screening,” it said.

“Please be aware that IJN does not engage with any third party to conduct any wellness screening promotion. We urge you not to provide your personal information and be mindful of the situation.”

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Saturday, February 4, 2023

China reveals tailless concept for next-generation fighter jet

A concept model of a next-generation fighter jet was displayed at Airshow China 2022 held in Zhuhai, South China’s Guangdong Province in November 2022. Photo: Liu Xuanzun/GT

A promotional video released by the Chinese aviation industry on Tuesday featured computer generated images showing what analysts said on Wednesday could represent a concept of the country’s next-generation fighter jet, which reflects China’s determination to outpace the US in new warplane development.

The video, published in the WeChat video channel of the state-owned Aviation Industry Corporation of China (AVIC), introduced China’s airborne radar development and featured near its end a computer-generated clip showing three unknown aircraft flying in formation.

The aircraft looked like the J-20 stealth fighter jet, but with no canards, tails or fins, and the diamond-shaped wings appeared bigger than those of the J-20, giving it what seems to be a blended wing-body configuration, observers said, who also speculated that it might be China’s next-generation fighter jet.

At the Airshow China 2022 held in Zhuhai, South China’s Guangdong Province in November 2022, AVIC put on display a concept model of a next-generation fighter jet, which also had a tailless design like the aircraft shown in the latest video.

Other countries are also conducting research and development into next-generation fighter jets, and tailless designs similar to the one shown by China are some of the most popular concepts, Fu Qianshao, a Chinese military aviation expert, told the Global Times on Wednesday.

A tailless design will give the next-generation, or the sixth-generation, fighter jet superior stealth capability in all directions than current fifth-generation ones, and a blended wing body design will provide higher lift, longer range and lower fuel consumption. However, without vertical tails, the new aircraft will lose out on maneuverability if it does not use other designs or technologies to compensate, like thrust vectoring control-capable engines and split brake rudders, or other innovative approaches, analysts said.

With the project name Next Generation Air Dominance, the US’ next-generation fighter jet might also use a tailless design, according to a computer-generated rendering by US military warplane contractor Lockheed Martin, US news website Defense News reported in September 2022.

Based on the information available now, China has started research and development in terms of the next-generation fighter jet, and it is in a confident place to eventually outpace the US, Fu said.

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Friday, February 3, 2023

Substance over style/form: ‘Dress down’ to suit current times

https://schoolings.org/substance-over-form-concept-in-accounting-definition-how-to-identify-substance-over-form/

Substance over form concept - Accounting For Management

New style seen to project less bureaucracy

In a new dress-down era, Prime Minister Datuk Seri Anwar Ibrahim and his Cabinet are paving the way with their ‘tie-less’ approach, which highlights less bureaucracy and formality. There is no point having government leaders in designer suits if they lack emotional intelligence and are corrupt, say image experts.

Less formal: Anwar is setting a trend for workplace dress code.

PETALING JAYA: The “dress down” culture of the government is being well-accepted all around, with experts saying the new approach highlights less bureaucracy and formality.

The post-pandemic environment has ushered in a trend of informality in the workplace, according to professional image consultant Dolly Kee.

ALSO READ: One-year break from donning ties in Dewan Rakyat

She said Prime Minister Datuk Seri Anwar Ibrahim, who these days seldom wears a necktie, was conveying an image of a leader who wants to be seen as relatable, genuine, relaxed and approachable.

Anwar had opted for a pair of baju melayu and sandals when clocking in on his first day in office on Nov 25, 2022.

The PKR president chaired a no-tie Cabinet meeting on Dec 7, 2022. “It is definitely his deliberate choice which, when in the right environment and when he has confidence and stylish intention, can certainly work,” she said.

However, Anwar has been photographed wearing a complete suit and tie as well as songkok when having an audience with the Yang di-Pertuan Agong and other rulers, including the Sultan of Selangor, Sultan Sharafuddin Idris Shah, and the Sultan of Brunei, Sultan Hassanal Bolkiah.

“The suit-and-tie look is highly recommended as a complete set for most professional and formal events or occasions.

“This is especially true for events involving an audience with royalty and high-level meetings with country heads and senior foreign dignitaries, as well as while attending parliamentary sittings, where the highest degree of decorum is to be expected,” she said.

She pointed out that batik shirts and the baju melayu could be vibrant alternatives to the formal suit-and-tie look.

“We are blessed with our beautiful batik shirts and baju melayu for men. The quality of each of the dress choices, such as long-sleeved batik shirts, offers our senior top officials the classy-style equivalent of the suit and tie.

“Generally, be it in the civil service or the corporate sector, if your boss doesn’t wear a tie, jacket or blazer, any subordinate who does will inadvertently commit the faux pas of ‘outdressing the boss’,” said Kee.

Urbane Academy Sdn Bhd founder Georgianna Das said times had changed as far as the professional dress code was concerned.

“Everyone should be comfortable wearing what they want to, as long as it’s not garish, vulgar or jarring to anyone. Malaysians would want leaders who have integrity and put the welfare of all citizens in the country first.

“There is no point having government leaders in designer business suits if they lack emotional intelligence and practise corruption, nepotism or cronyism,” said Das.

Deputy Health Minister Lukanisman Awang Sauni said most of the ministers and senior officers opted for the no-tie look as they wanted to display the same image as the prime minister.

“It’s a matter of individual choice and style whether to wear a tie or otherwise when attending official programmes,” he said.

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An elementary school math teacher is challenged by parents, the principal, and even the mayor, when she tells a student that “2+2=4”.

Thursday, February 2, 2023

MNC spending a boon for Penang developers

CLICK TO ENLARGE

Demand for residential, commercial properties to grow

KUALA LUMPUR: Property developers in Penang are set to benefit from the opening of new factories by both local and multinational corporations (MNC) as well as state government projects and population growth.

In a sector report, Maybank Investment Bank Research (Maybank IB) identified S P Setia Bhd, Tambun Indah Land Bhd

, IJM Corp Bhd

and Eco World Development Group Bhd

(EcoWorld) to be among the main beneficiaries from the growing Penang property market.

“More job opportunities have been created with the opening of more local and MNC factories and this has drawn demand for new residential and commercial properties, the former due to housing needs of the rising population base.”

The research house also pointed out that the Baru Kawan area could benefit from the Penang state government’s intention to develop a medical hub there as well as 1,156 acres within the Batu Kawan Industrial Park (BKIP) 2 in Byram, Nibong Tebal.

“These projects augur well for population growth and should continue to boost the demand for properties,” the research house noted in the report.

It added that Penang’s residential property sales rebounded strongly by 50% year-on-year in the third quarter of 2022, due to the economic recovery and despite the three overnight policy rate hikes since May 2022.

Maybank IB said S P Setia’s Setia Fontaines project in Bertam

, on the Penang mainland, offers a similar eco theme as Setia Eco Park, but is more affordably priced like Setia Alam (both of which are in Shah Alam, Selangor).

“The project, which mostly offers landed properties, is expected to have a remaining development period of at least 25 to 30 years.”

Since the launch of Setia Fontaines in 2018, Maybank IB said the project has generated stable and growing sales for S P Setia.

“In 2021, Setia Fontaines contributed RM157mil sales or 4% of S P Setia’s Malaysian property sales.

“Catalysts to the project include an industrial park (850 acres) nearby, which could offer employment opportunities and attract new population to the area over the longer term.”

Separately, the research house said EcoWorld’s Eco Horizon project is strategically located in the heart of the Batu Kawan commercial area and is riding on booming job opportunities and commercial activities there.

“The property development projects in Batu Kawan have become more mature.”

Maybank IB noted that the completion of Penang’s second bridge in 2014 and the new BKIP are the game changers for the Batu Kawan area.

“Apart from its prime location, we attribute the success of Eco Horizon to right product offerings, namely landed properties versus its peers that are mostly involved in high-rise.”

“In its financial year 2022 (FY22), Eco Horizon contributed 12% to EcoWorld’s total sales,” Maybank IB noted.

Meanwhile, Maybank IB said IJM’s The Light City project in Gelugor, Penang, will be a mega integrated waterfront project comprising two towers of premium condominium units, a retail mall, offices, a convention centre and a hotel.

“The retail mall, offices, hotel rooms and convention centre are slated for completion by 2025.

“By then, we believe The Light City would reshape the commercial market of Penang island as the major commercial spaces are currently located at the north of Penang island,” it said.

It added that IJM is in advanced stages of negotiations with a hotel operator from China but is making no changes to its earnings forecasts for the group, at the moment.

Separately, Maybank IB said Tambun Indah’s Pearl City project in Simpang Ampat is a good proxy to the booming Batu Kawan area.

“Tambun Indah has been careful in launching new projects and has focused on clearing unsold stocks over the last few years.

“Its average take-up rate continued to improve to 81% as at September 2022 (from 79% as at June 2022).”

Maybank IB noted that Tambun Indah’s main products are generally affordable, landed properties. In the third quarter of this year, the company will be launching Dahlia Garden in Pearl City.

“Dahlia Garden, which has an estimated gross development value of RM107mil, will comprise residential terraces (185 units) and semi-detached houses (24 units) priced between RM470,000 to RM650,000 per unit.”

For the nine-month period of Tambun Indah’s FY22, Maybank IB estimated the developer’s locked-in property sales stood at RM133.2mil, which is 2.3% above its FY22 sales target of RM130mil.

“Tambun Indah usually has relatively lower unbilled sales (RM90mil as at end-September 2022) than its peers, as it only launches a new project when the project is 20% to 30% completed, hence it will hasten revenue recognition.”

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