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Employers across the globe continue to have confidence in MBA degrees amid concerns whether artificial intelligence (AI) would make business school graduates redundant, according to a new report by Graduate Management Admission Council (GMAC). The report is based on an annual survey of global corporate recruiters by GMAC, known for conducting the GMAT exam and an umbrella body of leading business schools from across the globe. Across industries, more than half of employers agreed or strongly agreed that a graduate business degree is more important than ever as businesses adopt new technologies. However, one area of common concern being flagged by employers, which has grown harder to ignore, is professionalism. The survey drew responses from 621 recruiters and hiring managers across 39 countries, just over half of them at Global Fortune 500 companies, among the world's largest by revenue. Everyone reported at least some confidence in graduate management education, the umbrella term
The private sector will play an indispensable role in transforming India-US cooperation in artificial intelligence, semiconductors, quantum technologies and critical minerals into real-world outcomes, a senior Indian official said, as the two countries deepen collaboration in strategic technologies. Speaking at a roundtable on "Securing the Foundations of AI Together: USIndia Cooperation from Minerals to Microchips", Additional Secretary in the Ministry of External Affairs K Nagaraj Naidu said recent initiatives between India and the US were laying the foundation for long-term collaboration across strategic technology sectors. "India and the United States have built a comprehensive strategic partnership fit for the 21st century. Through initiatives spanning AI, quantum technologies, critical minerals, advanced energy, and trusted supply chains, we are now moving from principles to projects. The private sector will play an indispensable role in transforming these frameworks into ...
Thirty-five nations, including India, have signed on to the US initiative to build trusted and resilient supply chains to power artificial intelligence (AI) technologies. At the second Pax Silica Summit held in Washington on Thursday, 35 nations signed the Joint Statement on AI Opportunity, aligning behind a pro-growth, pro-innovation regulatory approach for the AI era, said Jacob Helberg, US Under Secretary of State for Economic Affairs. "A commitment to trusted supply chains, to mobilising the private sector, and the infrastructure that will power the next century," he said. Argentina, Germany, the Netherlands, Chile, Costa Rica, Greece, Kazakhstan, Panama, and the European Union joined the Pax Silica initiative on the sidelines of the Summit. India is represented at the Summit by S Krishnan, Secretary, Ministry of Electronics and Information Technology, Nagraj Naidu, Additional Secretary (Americas) in the Ministry of External Affairs, and representatives of the Indian industry.