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Tech news: FloQast launches AI-driven automation features – Accounting Today

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FloQast debuts AI-driven automation features; Settle adds three-way matching for purchase orders; Modern Treasury introduces Professional Services offering; and other accounting tech news.
The IRS Advisory Council is looking for new members, and help with fairness in tax administration.
Accounting Today is in the midst of surveying CPA firms with wealth management practices for this year’s ‘Wealth Magnets’ ranking.
The research will focus on investor needs and build on relevant preexisting initiatives when possible.
Not only are ransomware attacks growing dramatically, 90% of IT decision-makers have made at least one payment in the last year.
How do you charge sales tax when different kinds of digital product are sold together?
Deloitte auditors have been turning their attention to climate risks affecting clients who need to deal with a growing array of regulations and laws.
Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth features, and a host of resources and services.

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Mechanical Engineering Outstanding Senior 2024: Spencer Macturk – Virginia Tech

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Virginia Tech demonstrates impact as a global land grant – progressing sustainability in our community, through the Commonwealth of Virginia, and around the world.
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© 2024 Virginia Polytechnic Institute and State University. All rights reserved.

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Biden administration taps tech CEOs for AI safety, security board – NBC News

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The Department of Homeland Security established an advisory panel Friday to study how to protect critical infrastructure including power grids and airports from threats related to artificial intelligence.
The Artificial Intelligence Safety and Security Board, which has 22 initial members, includes high-profile figures in tech like OpenAI CEO Sam Altman, Microsoft CEO and chairman Satya Nadella and Alphabet CEO Sundar Pichai, according to a statement from the DHS.
President Joe Biden ordered the creation of the board in October when he signed a wide-ranging executive order on AI, representing the federal government’s first foray into trying to regulate the technology since advanced AI apps including OpenAI’s ChatGPT went viral in popularity.
The board’s mission includes developing recommendations “to prevent and prepare for AI-related disruptions to critical services that impact national or economic security, public health, or safety.”
AI experts have identified a wide array of potential security threats that the new technology could make possible, from swarms of autonomous drones to cheap and lethal bioweapons to more effective hacking threats against critical computer systems.
The government’s defense may involve using AI to fight AI, the DHS said.
“The Board will develop recommendations to help critical infrastructure stakeholders, such as transportation service providers, pipeline and power grid operators, and internet service providers, more responsibly leverage AI technologies,” the department said.
Homeland Security Secretary Alejandro Mayorkas said in a statement that AI “can advance our national interests in unprecedented ways” but that it also “presents real risks — risks that we can mitigate by adopting best practices and taking other studied, concrete actions.”
In addition to tech CEOs, the board includes the CEOs of Delta Air Lines, defense contractor Northrop Grumman and oil producer Occidental Petroleum, as well as Maryland’s Democratic Gov. Wes Moore, Seattle Mayor Bruce Harrell and the leaders of two civil rights organizations.
David Ingram covers tech for NBC News.
© 2024 NBC UNIVERSAL

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What is AI, how does it work and what can it be used for? – BBC.com

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