AI's real impact? Freeing us from the tyranny of repetitive tasks
5 years ago

AI's real impact? Freeing us from the tyranny of repetitive tasks

Wired  

In the past two or three years artificial intelligence has felt like rocket science. In 2020, AI will begin to live up to the hype by starting to generate real economic value through its application across industries. In addition to optimising existing processes, in 2020 we will see new applications for AI across existing industries. While it will take several decades for AI to be fully integrated into the medical process, it is in 2020 that we will start to fully grasp AI’s potential for improving our quality of life. In 2020, we will see AI, though still incredibly complex, start to become part and parcel of problem-solving across our lives.

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History of this topic

41% of companies worldwide plan to reduce workforces by 2030 due to AI
1 day, 10 hours ago

41% of companies worldwide plan to reduce workforces by 2030 due to AI

CNN  

London CNN — Artificial intelligence is coming for your job: 41% of employers intend to downsize their workforce as AI automates certain tasks, a World Economic Forum survey showed Wednesday. Out of hundreds of large companies surveyed around the world, 77% also said they were planning to reskill and upskill their existing workers between 2025-2030 to better work alongside AI, …

In 2024, artificial intelligence was all about putting AI tools to work
1 week, 1 day ago

In 2024, artificial intelligence was all about putting AI tools to work

LA Times  

If 2023 was a year of wonder about artificial intelligence, 2024 was the year to try to get that wonder to do something useful without breaking the bank. There was a “shift from putting out models to actually building products,” said Arvind Narayanan, a Princeton University computer science professor and co-author of the new book “AI Snake Oil: What Artificial …

In 2024, artificial intelligence was all about putting AI tools to work
1 week, 2 days ago

In 2024, artificial intelligence was all about putting AI tools to work

Associated Press  

If 2023 was a year of wonder about artificial intelligence, 2024 was the year to try to get that wonder to do something useful without breaking the bank. There was a “shift from putting out models to actually building products,” said Arvind Narayanan, a Princeton University computer science professor and co-author of the new book “AI Snake Oil: What Artificial …

AI is becoming ingrained in businesses across industries. Where is it going in 2025?
1 week, 2 days ago

AI is becoming ingrained in businesses across industries. Where is it going in 2025?

Associated Press  

NEW YORK — As artificial intelligence continues to grow at a rapid pace, more and more businesses are grappling with how to adapt both quickly and responsibly. Dan Priest is the new Chief AI Officer at PwC, one of the world’s largest consulting firms, where he works with companies across industries as they adopt this burgeoning technology both into their …

Year Ender 2024: Looking Back At The Top AI Stories This Year That'll Take Us Forward
1 week, 3 days ago

Year Ender 2024: Looking Back At The Top AI Stories This Year That'll Take Us Forward

ABP News  

Year Ender 2024: As we bid farewell to 2024, it’s impossible to ignore the groundbreaking advancements in artificial intelligence that have shaped this year. From generative AI tools revolutionising industries to cutting-edge research pushing the boundaries of machine learning, 2024 has been a pivotal year for technological progress. This year also saw AI becoming more accessible and integrated into everyday …

Will AI help or hurt workers? One 26-year-old found an unexpected answer.
1 week, 3 days ago

Will AI help or hurt workers? One 26-year-old found an unexpected answer.

Live Mint  

Daron Acemoglu, the Massachusetts Institute of Technology professor who recently won the Nobel Prize in economics, worries that artificial intelligence will worsen income inequality and not do all that much for productivity. “Maybe the most exciting thing about AI is that it could accelerate scientific discovery and innovation," said Toner-Rodgers. Contrary to concerns that using AI for scientific research might …

AI in 2025: What to expect and how will it reshape the world
1 week, 4 days ago

AI in 2025: What to expect and how will it reshape the world

Hindustan Times  

If 2024 is the year companies started adopting AI, 2025 could be the year they start tailoring it to fit to their needs. New year will see real adoption of AI across enterprises and domains like customer interactions, education, corporate learning, and robotics. Dr. Sanjay Gupta, Vice-Chancellor of World University of Design, said, "Advancements in AI, VR, and AR have …

The tech horizon: How emerging innovations will shape our world by 2030
2 weeks, 2 days ago

The tech horizon: How emerging innovations will shape our world by 2030

Hindustan Times  

There is a rapid pace of technology advancement and this is the most rapid of this kind. Technology The only thing perhaps worth adding is –– these emerging innovations should be based on “Cloud, development operations, artificial intelligence, Intelligent Automation.” These four pillars are the keys that will take dimensional and scale-up, flexible, and intelligent possibilities of new technologies to …

The AI robots on their way will mostly be made in Asia
2 weeks, 3 days ago

The AI robots on their way will mostly be made in Asia

Live Mint  

Over the past year, I’ve noticed an overwhelming theme emerge when Asian tech leaders look at what comes next for artificial intelligence. The experience I’ve had tuning in to many executive chats and tech conferences could best be summed by Nvidia Chief Executive Officer Jensen Huang’s proclamation in Taipei in June. While the US is the leader in AI advances—and …

‘GenAI, AI agents will be a defining force despite limitations’
1 month, 1 week ago

‘GenAI, AI agents will be a defining force despite limitations’

Live Mint  

Generative artificial intelligence and AI agentic systems are evolving, with businesses moving beyond just the testing stage to exploring their potential for transforming operations across the enterprise, say senior executives of Automation Anywhere. "The pressure and opportunity to capitalise AI to create a competitive advantage is very intense," Ankur Kothari, the company's co-founder and chief operating officer, said in a …

AI is transforming smart factory automation – how can manufacturers prepare?
1 month, 2 weeks ago

AI is transforming smart factory automation – how can manufacturers prepare?

The Independent  

Delta Electronics is a Business Reporter client AI is fundamentally changing smart factory automation – here’s how manufacturers, especially Europe’s SMEs, can prepare for the transformation Smart factory automation is projected to double by 2029, driven by the growing demand for resilience, efficiency and sustainability in a rapidly evolving industrial landscape. AI promises to take the smart factory to the …

'AI won't reduce jobs, will upskill workforce': Flex CEO Revathi Advaithi at HTLS
1 month, 3 weeks ago

'AI won't reduce jobs, will upskill workforce': Flex CEO Revathi Advaithi at HTLS

Hindustan Times  

Flex CEO Revathi Advaithi said on Thursday that the advent of the artificial intelligence revolution will not result in a massive loss of employment. HTLS: Flex CEO Revathi Advaithi said AI will bring a transformation in the healthcare sector. "I think that the productivity boost that AI will bring will probably not reduce jobs directly but will redistribute jobs and …

AI Empowers the Workforce: A Paradigm Shift in Workplace Dynamics
2 months, 2 weeks ago

AI Empowers the Workforce: A Paradigm Shift in Workplace Dynamics

India Today  

The future of work is being reshaped, but not in the way many feared. Adecco Group's 'Global Workforce of the Future 2024' report reveals that AI isn't replacing workers; it's empowering them. The survey reveals a transformative shift in workplace dynamics, with AI emerging as a powerful ally rather than a threat. The most telling statistic? A substantial leap in …

Opinion: What’s behind the AI boom? Exploited humans
5 months, 4 weeks ago

Opinion: What’s behind the AI boom? Exploited humans

LA Times  

Today we are in the middle of a hype cycle in which companies are racing to integrate artificial intelligence tools into products, transforming fields including logistics, manufacturing and healthcare. Sophisticated software functions only through thousands of hours of low-paid, menial labor — workers forced to work like robots in the hopes that AI will become more like a human. In …

AI will affect every industry and upend most careers: Expert
8 months, 1 week ago

AI will affect every industry and upend most careers: Expert

The Hindu  

The impact of Artificial Intelligence on the global economy will be $7 trillion to $15 trillion over a period of ten years, with Japan and the US calling the shots, according to Sree Sreenivasan, CEO and co-founder, Digimentors. Speaking at a session on ‘AI: Beyond the Hype and Backlash,’ organised by Technopark-based company Reflections Info Systems here on Monday, he …

Crystal ball review: AI has evolved only partly as predicted a quarter ago
8 months, 4 weeks ago

Crystal ball review: AI has evolved only partly as predicted a quarter ago

Live Mint  

Even as humanity frets about all the jobs AI will impact, one profession clearly under threat is that of predicting the future. With the year’s first frenzied quarter having drawn to a close, here it is: Tech wars would rage: The AI race would accelerate, I said, with the Microsoft-OpenAI alliance in fierce contest with a resurgent Google. AI will …

The robot uprising could be imminent: Elon Musk warns AI will outsmart mankind by the end of next YEAR
9 months ago

The robot uprising could be imminent: Elon Musk warns AI will outsmart mankind by the end of next YEAR

Daily Mail  

From Terminator to Ex Machina, machines overthrowing their human creators is a staple of science fiction. But the robot uprising could be closer than you think, as Elon Musk warns AI will surpass the abilities of humanity by the end of next year. However, humanity might have a chance as Musk also claims that a shortage in advanced chips and …

Thank the productivity paradox: AI isn’t the job killer it’s feared to be
10 months, 2 weeks ago

Thank the productivity paradox: AI isn’t the job killer it’s feared to be

Live Mint  

Artificial intelligence image generators are still struggling with getting human fingers right. Demand in the economy increases, which drives innovation, which creates new products, industries and jobs for people, making up for those replaced by automation. A 2023 report by McKinsey Global Institute found that automation in Asia could displace 88 million jobs by 2030 but also create 97 million …

China and US should join their strengths in AI revolution
10 months, 2 weeks ago

China and US should join their strengths in AI revolution

China Daily  

SONG CHEN/CHINA DAILY The artificial intelligence leader OpenAI has unveiled a new AI model named Sora, which it asserts can generate "realistic" and "imaginative" 60-second videos based on brief text prompts. From media to finance, healthcare to transportation, GenAI, as a representative of universal AI technology, is making inroads primarily into the "soft" aspects of the service and manufacturing sectors. …

China and US should join their strengths in AI revolution
10 months, 2 weeks ago

China and US should join their strengths in AI revolution

China Daily  

SONG CHEN/CHINA DAILY The artificial intelligence leader OpenAI has unveiled a new AI model named Sora, which it asserts can generate "realistic" and "imaginative" 60-second videos based on brief text prompts. From media to finance, healthcare to transportation, GenAI, as a representative of universal AI technology, is making inroads primarily into the "soft" aspects of the service and manufacturing sectors. …

China must embrace new era of AI revolution
10 months, 2 weeks ago

China must embrace new era of AI revolution

China Daily  

OpenAI logo is seen in this illustration taken, Feb 3, 2023. The artificial intelligence leader OpenAI has unveiled a new AI model named Sora, which it asserts can generate "realistic" and "imaginative" 60-second videos based on brief text prompts. While the risks associated with AI have heightened regulatory concerns, it's evident the world is on the doorstep of a new …

Artificial Intelligence to impact about 40 per cent jobs globally: IMF
11 months, 3 weeks ago

Artificial Intelligence to impact about 40 per cent jobs globally: IMF

India TV News  

Nearly 40 per cent of global jobs will be impacted by artificial intelligence, with advanced economies facing more exposure than emerging markets and low-income countries, according to an International Monetary Fund analysis. According to a media report, IMF Managing Director Kristalina Georgieva said in a blog post that, in most scenarios, AI is likely to exacerbate overall inequality, emphasising the …

Column: Excited about AI and self-driving cars? A top roboticist is here to burst your bubble
1 year ago

Column: Excited about AI and self-driving cars? A top roboticist is here to burst your bubble

LA Times  

The aftermath of a crash of a Tesla SUV in Mountain View, Calif., in 2018. As he wrote in issuing the scorecard Jan. 1, this is his “sixth annual update on how dated predictions from January 1st, 2018 concerning self driving cars, robotics, AI, and machine learning, and human space travel, have held up.” Long story short: They’ve held up …

2023: The year we played with artificial intelligence — and weren’t sure what to do about it
1 year ago

2023: The year we played with artificial intelligence — and weren’t sure what to do about it

Associated Press  

Artificial intelligence went mainstream in 2023 — it was a long time coming yet has a long way to go for the technology to match people’s science fiction fantasies of human-like machines. “There’s massive claims by vendors and producers of generative AI around its capabilities, its ability to deliver those capabilities.” Google drew criticism this month for editing a video …

India\'s AI Programme to Drive $1 Trillion Digital Economy by 2026: MoS Rajeev
1 year, 2 months ago

India\'s AI Programme to Drive $1 Trillion Digital Economy by 2026: MoS Rajeev

Deccan Chronicle  

NEW DELHI: The government is hopeful that India's artificial intelligence programme is likely to be a kinetic enabler for India to achieve the goal of a $1-trillion digital economy by 2026. “This is a deep, multi-year roadmap to make Indian AI work for being a kinetic enabler of the trillion dollar digital economy,” Chandrasekhar said. “Äpart from supporting the startup …

Use of AI has specific implications for the economy: Union Finance Secretary
1 year, 3 months ago

Use of AI has specific implications for the economy: Union Finance Secretary

The Hindu  

Union Finance Secretary T.V. Talking about the increasing influence of AI, he said, “This has a specific implication for the economy, which is, automation of business processes can be much more potent with Artificial Intelligence than it was without AI. This can potentially replace quite a bit of the work that is being done today by accountants and auditors.” Delivering …

Conclave explores Artificial Intelligence and its applications across all fields
1 year, 6 months ago

Conclave explores Artificial Intelligence and its applications across all fields

The Hindu  

Artificial Intelligence is unstoppable and Tamil Nadu’s focus should be on how it can benefit from many advancements across the world, said S. Arunraj, executive director, ELCOT. Mr. Arunraj was speaking at the inauguration of “AI Horizon 2023: Reshaping industries through intelligent technologies”, organised by Rajalakshmi Institute of Technology here on Saturday. He detailed how their department was exploring the …

Much ado about AI: Not there yet to threaten jobs as of now, says Union IT Minister Rajeev Chandrasekhar
1 year, 7 months ago

Much ado about AI: Not there yet to threaten jobs as of now, says Union IT Minister Rajeev Chandrasekhar

Firstpost  

There is a palpable concern among most people who are aware of AI and its capabilities. However, Union IT Minister Rajeev Chandrasekhar believes that there is much ado about nothing and an unnecessary fear-mongering about AI stealing human jobs. On the recent layoffs in the Indian tech industry At a recent press conference, the minister was asked about the recent …

The jobs AI won’t take yet
1 year, 8 months ago

The jobs AI won’t take yet

BBC  

The jobs AI won’t take yet Amid the talk of artificial intelligence replacing workers, experts say there are some jobs computers aren’t taking – at least for a while. “The first would be jobs that are genuinely creative: you’re not doing formulaic work or just rearranging things, but you're genuinely coming up with new ideas and building something new.” Getty …

10 ways AI will change the world – from curing cancer to wiping out humanity
1 year, 8 months ago

10 ways AI will change the world – from curing cancer to wiping out humanity

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. open image in gallery Self-driving cars could make taxi drivers redundant While new jobs will be created, …

AI will radically change society – we need radical ideas to match it
1 year, 8 months ago

AI will radically change society – we need radical ideas to match it

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. How would you design the society …

Why Generative AI is a house divided
1 year, 9 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 …

AI news latest: ChatGPT is showing signs of thinking like humans; Bill Gates hails “age of AI”
1 year, 9 months ago

AI news latest: ChatGPT is showing signs of thinking like humans; Bill Gates hails “age of AI”

The Independent  

✕ Close What is new with the fourth version of ChatGPT? 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. They are the latest developments in …

Tech Tonic: Expected technology trends in the year 2023
1 year, 11 months ago

Tech Tonic: Expected technology trends in the year 2023

Firstpost  

Fuelled by accelerated digitalisation, the world is at a fascinating juncture of cutting-edge tech — of super apps, big data, emerging technologies, and path-breaking innovation. While AI, ML, and IoT will rule in 2023 and beyond, the tech trajectory will be partial towards sustainable, energy-efficient climate-saving technology. Here’s what we can expect about the tech trends in 2023: CEOs’ perspectives …

IT companies set to slash 3 million jobs by 2022 due to automation, says Bank of America report
3 years, 6 months ago

IT companies set to slash 3 million jobs by 2022 due to automation, says Bank of America report

Firstpost  

Based on average employee costs of $25,000 per annum for India-based resources and $50,000 for US resources, the move will release around $100 billion in salaries and associated expenses Mumbai: With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employ over 16 million are set to slash headcounts by …

AI and automation are here to make your jobs easier, not get you fired
5 years, 3 months ago

AI and automation are here to make your jobs easier, not get you fired

India Today  

The emergence of disrupting technologies like AI, Automation and robotics in workspace might remind us of the cruel machines as villains in sci-fi movies. Advent of AI, Automation and Robotics brings in more job opportunities than challenges Besides inevitable layoffs going forward, most predictions about the job landscape in the next few years involve automation, artificial intelligence and robotics -- …

The World According to AI
5 years, 6 months ago

The World According to AI

Al Jazeera  

How will Artificial Intelligence be used in the future? In episode one of The Big Picture: The World According to AI, we chart the evolution of artificial intelligence from its post-World War II origins and, dissect the mechanisms by which existing prejudices are built into the very systems that are supposed to be free of human bias. The Big Picture: …

PM Modi Encourages AI Development in India, Focuses on Bridging Skill Gap
6 years, 10 months ago

PM Modi Encourages AI Development in India, Focuses on Bridging Skill Gap

The Quint  

PM Modi emphasizes the importance of AI for India's growth and development. He urges the students and teachers to identify the grand challenges facing the country that can be resolved by applications of AI. Modi emphasizes that AI should be made in India and to work for the betterment of the country. He also seeks to know whether the combination …

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