[LINKS]: Links of the week

See all the links and our weekly headline roundup here.

1. UK Businesses Struggle with Rising Borrowing Costs Nearly half of UK businesses express concerns over the adverse impact of borrowing costs on their operations. Read more
2. FCA Examines Bank Account Access and Closures Banks, building societies, and payment companies reported no closures primarily due to customers’ political views, but further investigations are necessary. Read more
3. Freedom Finance Rebrands as Aro Freedom Finance’s transformation into Aro reflects its commitment to innovation and product development in the financial sector. Read more
4. The Crucial Role of ID Verification in the Digital Economy Empowering small businesses with ID verification and digital IDs can enhance inclusivity and security in the digital economy. Read more
5. Ethical AI: A Complex Debate Ethical considerations in AI development raise complex questions about data bias, human-machine distinctions, and the creation of synthetic datasets. Read more
6. AI Evolution and Generative Models Open-source models and data acquisition fuel the rapid evolution of generative AI, creating a burgeoning industry. Read more
7. LLM Drift in AI Responses AI models like GPT-3.5 and GPT-4 exhibit fluctuating accuracy in their responses over time, referred to as LLM Drift. Read more
8. Consumers Worried About Personal Finances Growing numbers of individuals express concerns about personal finances and their ability to cover basic expenses. Read more
9. UK Interest Rate Freeze The Bank of England’s decision to hold interest rates steady follows 14 consecutive rate hikes amid efforts to control inflation. Read more
10. Merger of AI-Driven Debt Collection Firms Fintech company Ceverine and debt collection specialist Capital Resolve merge to combine AI expertise and collection capabilities. Read more
11. New Leadership at Lantern Group Lantern Group announces leadership changes with Denise Crossley transitioning to Non-Executive Chairwoman and Paul Mason becoming the new CEO. Read more
12. Debit and Credit Spending on the Rise An article highlights the increase in debit and credit spending without providing specific details. Read more
13. UK Rental Prices Continue to Climb UK rental prices rise by 5.5% over a year, with London experiencing the highest annual increase at 5.9%. Read more
14. Tenants Using Credit to Pay Rent More than one in three UK tenants resort to credit, cut back on essentials, or rely on savings to cover rising rent costs. Read more
15. AI’s Selfish Evolution AI’s rapid evolution raises questions about its impact as an autonomous entity, with parallels drawn to Richard Dawkins’ concept of memes. Read more
16. The Evolving Landscape of AI Models Open-source AI models and data acquisition intensify competition in the generative AI industry. Read more

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