Page 103 - Artifical Intelligence

AI may add $4.4 trillion annually to global economy, says McKinsey

The research studied 63 use cases for generative AI, the type of tools that can generate content such as text or images based on a prompt, across some 850 occupations

Cloud remains long-term investment priority for 70% corporations: TCS study

75% respondents say they invested in AI, machine learning capabilities in the past two years

European Parliament passes AI Act, challenging tech giants' power

Lawmakers also passed additional measures for general purpose AI and foundational models like GPT-4

Edtech firm Chegg to cut 4% of staff amid AI threat to business model

Chegg has revealed its plans to cut about 4% of its workforce, weeks after its CEO admitted that ChatGPT was crushing its business as students are turning to artificial intelligence for homework

TMS Ep454: India in AI race, oil prices, OMCs stocks, Giving Pledge

Can India catch up in AI tech development? Why are Indian oil companies not reducing prices? Is it a good time to invest in OMCs? What is the Giving Pledge? All answers here

AI helped create the 'the last Beatles record', says Paul McCartney

McCartney described AI technology as "kind of scary but exciting"

Meta Platforms releases 'human-like' AI image creation model: Report

Meta said it would provide researchers with access to components of a new AI model that it said can analyze and complete unfinished images more accurately than existing models

Google's generative AI platform 'Vertex' now available for general use

Vertex AI offers a full ecosystem of tools to help builders tune, deploy, and govern models in production

Zuckerberg plans to integrate AI into 'into every single' Meta platform

With the soaring success of ChatGPT and other AI platforms, Meta is also planning to enter the domain

AI won't be a threat to jobs for next 5-10 years: Rajeev Chandrasekhar

'It is disruptive… will regulate against user harm'

Do not see any threat to jobs from current form of AI: Rajeev Chandrasekhar

Union Minister Rajeev Chandrasekhar said that the Centre will regulate AI technology to ensure that it does not harm digital citizens

Regulating AI

Guidelines will need to evolve over time

Zomato working on AI-based features for enhancing customer experience

To build AI-based products, Zomato has also made plans to employ engineers for data science, machine learning, and NLP

India could lead global conversations around AI regulation: Sam Altman

Altman said his company was delighted to see the adoption of and enthusiasm for ChatGPT in India

Tim Cook says he uses OpenAI's ChatGPT but highlights need for regulations

Apple CEO Tim Cook said that regulation is necessary in the AI space and that he believes that guardrails should also be in place

Instagram will soon get its own AI-based chatbot; check all details here

Mobile developer Alessandro Paluzzi has claimed that Instagram's own chatbot will be able to answer questions, give advice, and offer help writing messages

How students, teachers can maximise the use of generative AI tool ChatGPT

Schools are looking at education boards to come up with a regulatory framework for this adoption

The world that awaits us

Big technical problems need to be solved before nuclear fusion, fuels cells at scale, and quantum computing under normal conditions, get off the ground

83% Indians would delegate as much work as possible to AI: Microsoft report

More than three fourth of people in India surveyed are willing to delegate as much work as possible to artificial intelligence, a Microsoft report said on Thursday. According to Microsoft Work Trend Index 2023 report, 90 per cent of Indian leaders say employees they hire will need new skills to be prepared for the growth of AI (articial intelligence). The research based on a survey of 31,000 people across 31 countries, including about 1,000 from India found that 74 per cent of Indian workers say they're worried AI will replace their jobs. "Research shows 83 per cent of Indian employees are willing to delegate as much work as possible to AI to lessen their workload," the report said. More than 3 in 4 Indian leaders (84 per cent) said that they are concerned about lack of innovation. "The primary culprit disrupting productivity is inefficient meetings, as reported by 46 per cent of Indian workers who feel that their absence in half or more of their meetings would go unnoticed by ...

India employees ready to delegate more work to AI: Microsoft report

74% worried that AI would replace jobs, 83% ready to delegate as much work as possible: Microsoft report