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TechCrunch+ roundup: Technical due diligence, web3’s promise, how to hire well

TechCrunch

“It’s still much easier to develop a Web 2.0 app simply because the ecosystem is mature and enjoys a large and thriving developer community,” says Devin Abbott, who specializes in design and development tools, React and web3 applications. 8 questions to answer before your startup faces technical due diligence.

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This week in AI: Amazon ‘enhances’ reviews with AI while Snap’s goes rogue

TechCrunch

This week in AI, Amazon announced that it’ll begin tapping generative AI to “enhance” product reviews. Once it rolls out, the feature will provide a short paragraph of text on the product detail page that highlights the product capabilities and customer sentiment mentioned across the reviews. Could AI summarize those?

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How PwC and SAP are doing right by helping clients unlock ESG value

CIO

Creating value with Environmental Social and Governance A McKinsey study reveals 5 ways that ESG creates value. When presented by the new Supply Chain Due Diligence Act ( SCDDA) in Germany, PwC realized their clients would need tools and processes to automate evaluation of suppliers.

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Bobidi launches to reward developers for testing companies’ AI models

TechCrunch

In the rush to build, test and deploy AI systems, businesses often lack the resources and time to fully validate their systems and ensure they’re bug-free. In a 2018 report , Gartner predicted that 85% of AI projects will deliver erroneous outcomes due to bias in data, algorithms or the teams responsible for managing them.

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Don’t gamble with your identity verification practices

CIO

Earlier this year, I wrote about the importance of organizations reviewing their password management strategies. According to a Reuters report, these ransomware bandits also breached the systems of several other companies operating in manufacturing, retail, and technology. Déjà vu can suck sometimes.

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With fresh capital, Symend aims to build a better debt collection system

TechCrunch

The New York Fed’s study also showed that the share of current debt becoming delinquent climbed for nearly all debt types, from mortgages to auto loans. ” Symend identifies when customers are having trouble paying bills and provides analytics and tools aimed at helping companies develop debt remediation programs.

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Generative AI: the Shortcut to Digital Modernisation

CIO

A recent McKinsey study estimated that automation integrated with Generative AI could accelerate 29.5 Generative AI can help businesses achieve faster development in two main areas: low/no-code application development and mainframe modernisation. percent of the working hours in the US economy.