68% of Indian respondents expect businesses to protect consumers when deploying generative AI: Report
1 year, 2 months ago

68% of Indian respondents expect businesses to protect consumers when deploying generative AI: Report

The Hindu  

Technology consultancy Thoughtworks’ international survey on generative artificial intelligence found that most Indian respondents welcome advances in this technology, but also want to see governmental regulations and safeguards. More than 80% of Indian survey respondents also said they were “most likely” to buy from a business that used generative AI. However, the company’s press statement noted “equal amounts of anticipation and apprehension amongst Indian customers about GenAI.” Indian survey respondents were keen to see rules and safeguards surrounding the use of generative AI in order to care for customers while also pursuing innovation. The study, ‘GenAI: What consumers want,’ surveyed 10,000 consumers in August 2023, with 1,000 each based in Australia, Brazil, Germany, India, Italy, Netherlands, Singapore, Spain, UK, and the U.S. “In a world where trust is paramount, businesses must understand that gaining the public’s confidence through ethical AI is not just a regulatory obligation, it’s a strategic advantage,” said Mike Mason, Chief AI officer at Thoughtworks.

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History of this topic

94 per cent of Indian desk workers feel the urgency to master AI
4 days, 13 hours ago

94 per cent of Indian desk workers feel the urgency to master AI

New Indian Express  

BENGALURU: Indian workers want to skill up on Artificial Intelligence as 94% feel an urgency to become AI expert. However, 40% of Indian workers have spent less than five hours learning how to use AI, and 30% of global workers say they have had no AI training at all, including no self-directed learning or experimentation, according to Slack's new Workforce …

Generative AI product user base in China reaches 230 mln
3 weeks, 2 days ago

Generative AI product user base in China reaches 230 mln

China Daily  

A participant visits the exhibition booth of China Mobile at the 2024 Artificial Intelligence for Good Global Summit in Geneva, Switzerland, May 30, 2024. BEIJING -- The user base of generative artificial intelligence products in China had reached 230 million by June 2024, highlighting the country's widespread adoption of generative AI-driven upgrades across various industries, a report released Saturday stated. …

SAP confident of new job creation by AI
1 month, 2 weeks ago

SAP confident of new job creation by AI

Live Mint  

German software-maker SAP SE is confident that artificial intelligence will create new jobs even as the rise of the new technology casts a shadow on jobs done by humans. The SAP board’s buoyant remarks on AI contrast with those of Google-parent Alphabet Inc’s chief executive Sundar Pichai, whose comments in the company’s post-earnings conference call with analysts put alarm bells …

More than half of the companies use data for decision-making
4 months ago

More than half of the companies use data for decision-making

Deccan Chronicle  

Chennai: Around 54 per cent of Indian organizations across different sectors report being data-driven in their decision-making, finds a research by Capgemini. Further, 55 per cent of Indian organizations surveyed were able to introduce new business models in 2024 by harnessing activated data. 63 per cent of Indian organizations surveyed can easily store, retrieve, and analyse data across their value …

More Than 60% of Companies Worldwide Don’t Have Policies On Gen AI Usage: Report
4 months, 1 week ago

More Than 60% of Companies Worldwide Don’t Have Policies On Gen AI Usage: Report

News 18  

Despite the quick adoption of Generative Artificial Intelligence across industries, nearly 60% of the companies operating in procurement lack specific policies on Gen AI usage, according to a new report. A survey conducted by Zycus-Procurement Tactics highlighted the state of Gen AI in procurement and also showed that 69.8% of the respondents do not use Gen AI-based software in their …

Economic Survey | AI casts “huge pall of uncertainty” over jobs
5 months ago

Economic Survey | AI casts “huge pall of uncertainty” over jobs

The Hindu  

The Economic Survey published on Monday warned against the potential challenge that artificial intelligence could present to the Indian economy saying the “advent of the tech casts a huge pall of uncertainty as to its impact on workers across all skill levels – low, semi and high.” The massive changes owing to widespread adoption of AI “will create barriers and …

China Leads GenAI Adoption, Significantly Higher Than US: Survey
5 months, 2 weeks ago

China Leads GenAI Adoption, Significantly Higher Than US: Survey

ABP News  

China is at the forefront of adopting generative AI technology, according to a recent survey by US AI and analytics software company SAS and Coleman Parkes Research. A recent report from the United Nations' World Intellectual Property Organization further illustrates China's leadership in the field, showing that the country filed over 38,000 generative AI patents between 2014 and 2023. China's …

Generative AI safety prioritized
5 months, 3 weeks ago

Generative AI safety prioritized

China Daily  

Participants interact with an AI-enabled robot during the Summer Davos Forum in Dalian, Liaoning province. ZOU HONG/CHINA DAILY As generative artificial intelligence is increasingly applied to a widening range of sectors, more efforts are needed to ensure the safe application of the fast-growing intelligent technology through global governance and cooperation, said renowned experts and entrepreneurs at the 15th Annual Meeting …

Stringent regulations could hinder growth of AI in India: experts
6 months ago

Stringent regulations could hinder growth of AI in India: experts

The Hindu  

As India grapples with the regulatory landscape for artificial intelligence, a sector which has seen rapid development in recent years, experts opine that strict regulations could stifle the country’s burgeoning AI-driven economy. While the high court is scheduled to hear the petition in July, the MeitY on March 1 issued an advisory saying that all generative AI products, like large …

Study says Indians are now concerned about online content, feel AI is being used to spread misinformation
6 months, 3 weeks ago

Study says Indians are now concerned about online content, feel AI is being used to spread misinformation

India Today  

Adobe has released the latest findings of its Future of Trust Study for India, revealing the growing concerns of Indians around misinformation and the impact of generative AI, especially during the ongoing elections. The study found that 86 per cent of Indians believe that misinformation and harmful deep fakes-videos or images altered to deceive-will affect future elections. Seeing the growing …

BCG study shows 70% users excited about GenAI at work, but 43% positive about its impact on daily life
7 months, 3 weeks ago

BCG study shows 70% users excited about GenAI at work, but 43% positive about its impact on daily life

The Hindu  

A study published on April 29 by the Boston Consulting Group titled ‘Consumers Know More About AI than Business Leaders Think,’ has shared that consumer understanding and enthusiasm around artificial intelligence is higher than expected. Based on a survey conducted across 21 countries and 21,000 respondents, the research also answered questions around the usage of AI in the workplace. “While …

’AI not understanding the art form it replicates, a key concern for regulators’
8 months, 3 weeks ago

’AI not understanding the art form it replicates, a key concern for regulators’

Live Mint  

As artificial intelligence gains prominence across various businesses, its rapid expansion has sparked concerns among artists about the potential for the technology to encroach upon their creative works. He added that it would come down eventually because GenAI was a “solution looking for a problem.” Harshjit Sethi, managing director of venture capital firm Peak XV, emphasized the necessity of integrating …

Demystifying the buzz around Generative AI
10 months, 1 week ago

Demystifying the buzz around Generative AI

Hindustan Times  

There has been a great deal of discussion on generative Artificial Intelligence and its implications. Generative is the fun bit in which we are creating new content, the computer has not necessarily seen it and is able to synthesise it and give us new things. This is quite sophisticated and rightfully created a sensation as it could do a host …

Use of generative AI by enterprises on the rise: Netskope
11 months, 1 week ago

Use of generative AI by enterprises on the rise: Netskope

Deccan Chronicle  

Hyderabad: Reflecting the rise of artificial intelligence at workplaces, a survey report said more than 10% of enterprise employees access at least one generative artificial intelligence application every month, compared to just 2% a year ago. “With growing AI app usage, employees are more likely to expose sensitive data like credentials, personal information, or intellectual property,” said Ray Canzanese, threat …

Generative AI Learned Nothing From Web 2.0
11 months, 3 weeks ago

Generative AI Learned Nothing From Web 2.0

Wired  

If 2022 was the year the generative AI boom started, 2023 was the year of the generative AI panic. The US Federal Elections Commission is looking into deceptive campaign ads, Congress is calling for oversight into how AI companies develop and label training data for their algorithms, and the European Union passed its new AI Act with last-minute tweaks to …

How India Can Ride the AI Wave Through Education and Workforce Development, Expert Weighs In
1 year ago

How India Can Ride the AI Wave Through Education and Workforce Development, Expert Weighs In

News 18  

In his insights, Mr. Jaspreet Bindra, Managing Director & Founder of The Tech Whisperer, identifies India’s strategic advantages in the global AI environment and offers a thorough plan for utilising AI in the nation’s workforce development and educational system. Our software services companies are plugged into almost every Fortune 500 company, and they all want to do something with generative …

India’s developing tech certifications presenting business opportunities: Dell
1 year ago

India’s developing tech certifications presenting business opportunities: Dell

Live Mint  

New technology certifications and standards that are being developed in India are opening up fresh business opportunities for Dell Inc., Peter Marrs, the American hardware and services company’s president for Asia-Pacific and Japan, and John Roese, its global chief technology officer, said at a media roundtable on technology trend projections for the next year. India’s developing technology certifications, regulations and …

Businesses embracing generative AI but fear cyberattacks, survey finds
1 year, 1 month ago

Businesses embracing generative AI but fear cyberattacks, survey finds

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Businesses will “not progress” if they do not take risks, as the race to adopt new and …

Govts should access the best tech, not reinvent the wheel: Nadella
1 year, 1 month ago

Govts should access the best tech, not reinvent the wheel: Nadella

Live Mint  

SEATTLE, WA : In May, Sam Altman, co-founder and chief executive officer of Microsoft-backed OpenAI who was fired on Friday, had stirred a hornet’s nest, commenting on India’s attempt to develop a generative artificial intelligence tool like ChatGPT, terming it “hopeless", while responding to a question by Rajan Anandan, the managing director of Peak XV Partners, and a former head …

66% of CEOs in India find Gen AI top investment priority, says report
1 year, 1 month ago

66% of CEOs in India find Gen AI top investment priority, says report

Live Mint  

To ride on the wave of revolution brought by AI chatbots since 2022, more and more CEOs are willing to invest in generative AI for their companies, says KPMG's latest report. According to the report, 66 per cent of Indian company CEOs and 70 per cent of CEO of global firms are considering generative AI as their top investment priority …

Most Indians excited about generative AI, says new study
1 year, 2 months ago

Most Indians excited about generative AI, says new study

Live Mint  

Generative artificial intelligence, also known as generative AI or GenAI, is artificial intelligence that can generate text, images, or other media, using generative models. Now, a recent worldwide study by global technology consultancy Thoughtworks says there’s equal levels excitement – and apprehension – among Indian customers when it comes to GenAI. The study – titled GenAI: What consumers want – …

Today’s Cache | AI prompt engineers on the rise; Government agencies target rivals with spyware; Microsoft CEO slams Google’s dominance
1 year, 2 months ago

Today’s Cache | AI prompt engineers on the rise; Government agencies target rivals with spyware; Microsoft CEO slams Google’s dominance

The Hindu  

AI prompt engineers on the rise The generative AI boom of 2023 has opened up a new job avenue which is still finding its identity: the post of an AI prompt engineer. Areas where AI prompt engineers are required include customer service and engagement, content creation, drug discovery, autonomous vehicles, quality control and financial analysis. Government agencies target rivals with …

Big Tech players balance seeking and avoiding AI regulation
1 year, 3 months ago

Big Tech players balance seeking and avoiding AI regulation

The Hindu  

Global Big Tech firms’ efforts to keep regulation away from their Artificial Intelligence initiatives have succeeded in warding off any immediate action in India. “At this stage, if we try to regulate AI very much, it will hamper the development of the sector also,” Akash Tripathi, the in-charge for the Ministry of Electronics and Information Technology’s Artificial Intelligence & Emerging …

Indian Enterprises Witness An Increase In AI Adoption
1 year, 4 months ago

Indian Enterprises Witness An Increase In AI Adoption

ABP News  

Indian enterprises have witnessed an increase in adoption of Artificial Intelligence, a report by PwC stated. The report namely, ‘Towards a smarter tomorrow: Impact of AI in the post-COVID era’, stated that the industrial and manufacturing sectors have adopted AI/ML the most in the last two years, reported PTI. In the industrial products and manufacturing sector, about 64 per cent …

AI and Machine Learning set to drive India's $8 billion digital advertising industry, say experts
1 year, 4 months ago

AI and Machine Learning set to drive India's $8 billion digital advertising industry, say experts

Live Mint  

AI and operational machine learning are expected to transform the communication sectors, including advertising and PR. These technologies have the potential to significantly impact the Indian digital advertising industry, which is currently valued at USD 8 billion. Industry experts predict that artificial intelligence and operational machine learning will have a transformative effect on communication sectors such as advertising, public relations, …

AI’s disruptive economic impact, an India check
1 year, 5 months ago

AI’s disruptive economic impact, an India check

The Hindu  

Little did we know that beyond the automated factory machines, self-driving cars, and robocops, Artificial Intelligence would one day crash into our lives, authoring poems, tipping us with pickup lines, and passing the toughest examinations. Only 2% of experts believed that AI would not significantly impact per capita GDP; this included Professor Nicholas Bloom of Stanford, who pointed out historical …

Can Nasscom’s ‘Responsible AI’ guidelines pave the way for ethical and safe adoption of artificial intelligence?
1 year, 6 months ago

Can Nasscom’s ‘Responsible AI’ guidelines pave the way for ethical and safe adoption of artificial intelligence?

The Hindu  

Published : Jun 15, 2023 17:11 IST - 3 MINS READ Nasscom, the trade association for the IT and business process management industry, has released a comprehensive set of responsible artificial intelligence guidelines for generative AI. The Nasscom guidelines came a day beforeSam Altman, CEO of OpenAI, met Prime Minister Narendra Modi and discussed the potential of AI and the …

Good and bad: The Hindu Editorial on India and artificial intelligence
1 year, 6 months ago

Good and bad: The Hindu Editorial on India and artificial intelligence

The Hindu  

Generative artificial intelligence is AI that can create new data. There are many instances of generative AI in the world today, most commonly used to generate text, images, and code in response to users’ requests, even if they are capable of more. In the last few years, AI models backed by neural networks trained on very large datasets and with …

Draft aims to promote healthy development of AI
1 year, 7 months ago

Draft aims to promote healthy development of AI

China Daily  

The Cyberspace Administration of China is seeking the public's views, from April 11 to May 10, on draft measures aimed at managing emerging foreign and domestic artificial intelligence services. The draft lists several responsibilities and obligations for research and development, training, output platforms and content control of AI products, allowing government departments to supervise and regulate the AI industry, which …

Boost to global tech sector as ChatGPT spurs AI investment bonanza
1 year, 8 months ago

Boost to global tech sector as ChatGPT spurs AI investment bonanza

The Hindu  

Published : Apr 22, 2023 16:55 IST - 5 MINS READ The artificial intelligence gold rush is truly underway. “We will talk about it in the same way as the internet itself—how it changes everything that we do as a human species.” Foster noted how generative AI is being integrated into tools companies already have, like Microsoft Office, so they …

Will companies’ use of generative AI affect job intake? - The Hindu
1 year, 8 months ago

Will companies’ use of generative AI affect job intake? - The Hindu

The Hindu  

AI has been talked of for decades now. Let’s take a look at what developments have taken place in recent weeks in the context of AI. First off, Bloomberg wrote about a Chinese company in the The $3-billion Bluefocus Intelligent Communications Group Co., one of China’s best-known media firms, haS said in an internal memo that it plans to replace …

Why Generative AI is a house divided
1 year, 8 months ago

Why Generative AI is a house divided

Live Mint  

Generative AI has polarized artificial intelligence experts with some calling for a six-month moratorium on building new systems and others arguing against the idea on the grounds that the benefits of AI far outweigh perceived risks. But the exponential progress in generative AI models that are used to create new content appears to have alarmed many, ever since the launch …

India’s AI market likely to see 20% growth over next five years: Report
2 years, 5 months ago

India’s AI market likely to see 20% growth over next five years: Report

Hindustan Times  

India’s artificial intelligence market is expected to witness a growth of 20% over the next five years, and the country is among the top three talent markets, producing 16% of the world’s AI talent pool, a joint study conducted by Microsoft and the Internet and Mobile Association of India has revealed. “Artificial intelligence is no longer a fringe technology for …

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