Princeton University, in partnership with Gov. Phil Murphy and the New Jersey Economic Development Authority, hosted its inaugural AI Summit today. The summit saw experts and leaders explore and discuss AI applications in health, finance, sustainable energy and technology, while also addressing the technology’s societal implications and the opportunities to advance AI education and workforce development. “I think it is fair to say that there is no state in America right now that is as all-in on AI and all of its facets as New Jersey is,” Murphy said. In December, the governor and Princeton Uni ..read more

New Jersey Institute of Technology aims to be a nexus of innovation that embraces new tech, commercializes groundbreaking research, leverages its diversity and tackles global environmental and socioeconomic challenges under a new strategic plan that extends through 2030. The plan, NJIT Makes An Innovation Nexus, identifies six priorities, spells out the university’s mission to be a leader in research, innovation and entrepreneurship, and reaffirms its core values, including collaboration, social responsibility, diversity and sustainability. The priorities define student and faculty success, an ..read more

Comcast Business announced that it is providing Seaport Stays – a collection of boutique hotels and long-term rental properties owned by BG Capital in North Wildwood – with several technology solutions, including Ethernet Dedicated Internet, plus Comcast Business Internet and X1 for Hospitality. Seaport Stays aims to shift Wildwood’s seasonal tourism pattern to a year-round destination and believes that technology-enabled amenities in their properties will be critical to that success. Nestled near the coastline of Wildwood, Seaport Stays provides customers three unique properties – Seaport Inn ..read more

While the roots of generative artificial intelligence (AI) can be traced back to the introduction of machine learning in the 1950s, it wasn’t until a number of significant milestones over the past decade laid the groundwork to help drive the technology into mainstream consciousness. Douglas Vargo, vice president, emerging technologies practice lead at CGI, called it the democratization of generative AI, as there is now a plethora of platforms, such as ChatGPT and Claude for example, that are available for free to anyone with an internet connection. “Generative AI allows us to act big,” Vargo s ..read more

It seems as if artificial intelligence (AI) can make anyone a subject matter expert in about the time it takes to cook a hard-boiled egg, but you must input the right query and know something about your subject matter when reviewing what an AI program like ChatGPT delivers. That said, generative AI offers efficiency, creativity, speed and can make your business stand out among the competition. Additionally, it is best to be an early adopter of the technology. These were just some of the comments from Drew Thompson, the morning keynote speaker at the New Jersey Business & Industry Associati ..read more

More than one-third (36%) of New Jersey residents think the increased use of artificial intelligence will make their lives worse, and a majority want oversight over the technology, according to a Stockton University poll released yesterday. A majority of residents (56%) have heard a lot about artificial intelligence, while 36% have heard at least a little. Only 8% said they haven’t heard anything about AI. Residents’ opinions of AI vary widely depending on the use, but none of the applications asked about garnered majority support. Pluralities of 45% and 44% view the use of smart home devices ..read more

Comcast Business is providing NJ TRANSIT with high-performance Ethernet and Internet solutions to support its public transportation system and power the advanced technological services it provides to riders across New Jersey and in parts of New York and Pennsylvania. “Comcast Business provides our customers with reliable connectivity and the technology backbone needed to power innovations,” said Michael Louden, regional vice president of Comcast’s Freedom Region. “As NJ TRANSIT continues to enhance its operations through advanced technology solutions, we will be there to partner and make its p ..read more

Fairleigh Dickinson University (FDU) is hosting an artificial intelligence Global GPT Challenge contest in which teenagers ages 13 to 18 can submit custom Generative Pre-trained Transformer (GPT) demonstrations toward a first-place $2,000 prize, second-place $1,500 prize and third-place $500 prize, in addition to earning partial FDU scholarships. Winners outside of New Jersey will solely be awarded partial FDU scholarships. The contest’s topic is cutting-edge: GPTs are sophisticated artificial intelligence forms with the ability to assimilate, analyze, and create text. Launched in November 202 ..read more

In partnership with Oxford Economics, Teaneck-based Cognizant revealed findings from its new economic impact study New Work, New World, which predicted that 90% of jobs will be disrupted in some way by generative AI (gen AI), setting the stage for a profound shift in how we approach work, productivity and economic growth. The study also found that the technology’s impact will be influenced by the rate of business adoption and how quickly individuals can adapt to new ways of working. “Our study aims to lift the curtain on the effects generative AI may have on our global workforce,” said Adrian ..read more

There’s no denying the impact that artificial intelligence (AI) is already having on businesses across the Garden State, with AI applications ranging from cybersecurity and content production to fraud management and customer support. Employers who are already using AI appreciate that it can improve efficiency while decreasing costs and saving time. However, while experts agree that AI will continue to become a significant asset for businesses in an array of industries in the coming years, there are some potential downfalls that both employers and institutions of higher education alike must le ..read more