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US Government to Use AI to Crack Down on Tax Evasion by Wealthy Individuals and Large Partnerships

The Hidden Water Costs of AI: How ChatGPT and GPT-4 Are Draining Lots of Water

Author

Randy Caiquo
September 11, 2023

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1. US Government to Use AI to Crack Down on Tax Evasion by Wealthy Individuals and Large Partnerships

The IRS is using AI to identify potential tax violations by wealthy individuals and large partnerships. This is a significant shift in strategy, as the IRS has traditionally relied on manual audits to catch tax evaders.

  • The IRS has already used AI to identify 75 partnerships with over $10 billion in assets.

  • The IRS is not increasing audit rates for those earning less than $400,000 annually.

  • The IRS is using new funding to boost revenue through increased tax compliance.
    Link to read more

2. eBay’s AI Tool: The New Way to Write Product Descriptions

eBay is using AI to automatically generate product descriptions for sellers. The tool can generate descriptions from a single photo, and it can be used for both new and used products. The tool is still in beta testing, but it has the potential to save sellers time and money.
Link to read more

3. China Targets US Voters with New AI Misinformation Techniques

China is using AI to spread misinformation to US voters. The techniques include using deepfakes and chatbots to create fake news and social media posts. The goal is to sow discord and confusion among voters and to influence the outcome of elections.
Link to read more

4. Authors Must Disclose the Use of AI on Amazon Kindle

Amazon's new policy requires authors who publish books on Kindle Direct Publishing (KDP) to disclose if the content was generated using AI. The policy was announced in response to concerns that AI-generated books could mislead consumers and displace human authors.
Link to read more

5. The Hidden Water Costs of AI: How ChatGPT and GPT-4 Are Draining Lots of Water

These large language models specifically for ChatGPT and GPT-4 require a lot of computing power to train, and this power is often generated by data centers that use water for cooling. Microsoft's water consumption in Iowa increased by 34% from 2021 to 2022, largely due to the company's investment in AI research. ChatGPT is estimated to use about 500 milliliters of water per series of prompts or questions, and GPT-4 is estimated to use even more.
Link to read more

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