Podcast
Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App
Questions and Answers
What is one of the concerns about AI?
What is one of the concerns about AI?
- AI being too expensive
- AI being too powerful
- AI not being advanced enough
- The possibility of bad actors spreading misinformation (correct)
What is the speaker's background in relation to AI?
What is the speaker's background in relation to AI?
- They learned to code on a paper computer
- They worked on machine translation in high school
- They built a couple of AI companies
- All of the above (correct)
What is an example of how AI could be used to spread misinformation?
What is an example of how AI could be used to spread misinformation?
- Predicting the weather with high accuracy
- Creating convincing narratives about space aliens (correct)
- Reducing traffic congestion
- Improving medical diagnoses
What is the definition of a business combination according to IFRS 3?
What is the definition of a business combination according to IFRS 3?
Signup and view all the answers
What happens to the investment account and investment income from associate if the AD needs to be amortized in subsequent periods?
What happens to the investment account and investment income from associate if the AD needs to be amortized in subsequent periods?
Signup and view all the answers
Can impairment losses recorded by the investor be subsequently reversed?
Can impairment losses recorded by the investor be subsequently reversed?
Signup and view all the answers
Flashcards are hidden until you start studying
Study Notes
Concerns about Misinformation and Threats to Democracy in the Age of AI
- The author is an AI enthusiast who learned to code at eight years old and has built AI companies.
- One major concern is the potential for bad actors to spread misinformation using AI tools.
- These tools are capable of creating convincing narratives about anything, including false information about elections.
- Even unintentionally, AI systems can contribute to the spread of misinformation.
- The author warns that this could threaten democracy if left unchecked.
- The difference between carrying value and fair value of net identifiable assets acquired must be amortized.
- This amortization reduces the investment account and investment income from the associate.
- Impairment losses can occur if the investment is found to be impaired, which reduces the carrying amount of the investment in the associate.
- Impairment losses can be reversed if the recoverable value of the investment subsequently increases.
- IFRS 3 Business Combinations defines a business combination as a transaction in which an acquirer obtains control of one or more businesses.
- The acquirer is referred to as the parent and the acquired entity is referred to as the subsidiary.
- The author did not see any space aliens backstage at TED.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
