🤖 Why AI is harder than we think | AI regulation updates | UiPath S-1 teardown

This edition of the AI Ethics Report opens with AI and the Face: A Historian’s View — a long-form piece by Edward Higgs (Professor of History at the University of Essex) about the unscientific history of facial analysis, and how AI might be repeating some of those mistakes at scale.

The labels attached to images used to train machine-vision systems are often wrong. That could mean bad decisions by self-driving cars and medical algorithms.

The EU has unveiled its new AI rules—but an announcement from the FTC may have more teeth.

For better or for worse, labor-saving tech can actually lead to more work.

Low-code, RPA, and AI are the key drivers for hyperautomation, as enterprises try to automate and streamline data operations, Gartner said.

UiPath is one of the fastest-growing software companies ever. Here’s a summary of the S-1 filing and walk-through of the story, key metrics, product, market, competition, valuation.