Human intelligence & AI converge

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The Indian AI market is slated to grow at the fastest CAGR over 2022-2029. The major factors leading to the growth of the Indian AI market is the increasing amount of data generated by businesses and the growing need to extract insights from this data. There is an increasing demand for AI-powered applications and services across industries especially in banking & finance, healthcare, and manufacturing.

The growth of the Indian AI market rests upon the adoption of AI applications that reduce manual workload and help improve critical business processes. Companies are already adopting data-based AI solutions to optimize processes, gain insights and enhance decision-making processes.

Today's Headline in NewsHours
0:00 Intro
2:52 X to launch two new tiers of Premium subscription
3:20 #Intel announces initiative to help developers make AI-enabled PC apps
3:50 #HP names Ipsita Dasgupta as Senior VP and MD to lead India operations
4:20 CBI launches Operation Chakra-II, joins hands with Microsoft and Amazon
4:50 #Infosys with Google Cloud to train 20,000 employees on GenAI




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Human intelligence & AI converge.

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    Human intelligence & AI converge

    The Indian AI market is slated to grow at the fastest CAGR over 2022-2029. The major factors leading to the growth of the Indian AI market is the increasing amount of data generated by businesses and the growing need to extract insights from this data. There is an increasing demand for AI-powered applications and services across industries especially in banking & finance, healthcare, and manufacturing.

    The growth of the Indian AI market rests upon the adoption of AI applications that reduce manual workload and help improve critical business processes. Companies are already adopting data-based AI solutions to optimize processes, gain insights and enhance decision-making processes.

    Today's Headline in NewsHours
    0:00 Intro
    2:52 X to launch two new tiers of Premium subscription
    3:20 #Intel announces initiative to help developers make AI-enabled PC apps
    3:50 #HP names Ipsita Dasgupta as Senior VP and MD to lead India operations
    4:20 CBI launches Operation Chakra-II, joins hands with Microsoft and Amazon
    4:50 #Infosys with Google Cloud to train 20,000 employees on GenAI




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    Website:https://varindia.com/

    https://www.facebook.com/VARINDIAMagazine/

    https://twitter.com/varindiamag

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    Human intelligence & AI converge

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  • Watch AI to cost two-thirds of jobs Video
    AI to cost two-thirds of jobs

    AI can not only boost our analytic and decision-making abilities but also heighten creativity. Whereas experts say, it is the destruction of human intelligence. The tech community has long debated the threats posed by artificial intelligence. Automation of jobs, the spread of fake news and a dangerous arms race of AI-powered weaponry have been mentioned as some of the biggest dangers posed by AI.



    The rapid development of #artificialintelligence has the potential to significantly disrupt labour markets worldwide. The concern is on the potential of AI to automate many jobs that currently require human intelligence, potentially leading to widespread unemployment and societal disruption.


    Whereas the technology makers are positioning their innovation and stating that, AI can potentially enhance and augment human intelligence by providing us with new tools and methods for solving complex problems, analyzing data, and making decisions. Approximately two-thirds of current jobs in the US and the European Union are exposed to some degree of AI automation, as per the report of Goldman Sachs.

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    A new survey estimates the number of complete or nearly complete AI projects has grown tenfold over the past 12 months. Great news, but that means IT teams are scrambling to keep up. Companies need more people with the right skills to put it all together, and executives and managers must ensure that the AI securely delivers what the business needs.

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    IT leaders indicate that the top risks from inadequate oversight of AI are accelerated hacking or what the survey's authors call AI terrorism i.e., 55%. Privacy also ranks as the top concern, cited by 55%. Regulation compliance, which accounted for 49% and loss of human agency i.e., 48%, were also indicated as top risks.

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