PM Modi Boasts of India’s Thriving Semiconductor Industry at Semicon 2023

By

-

July 28, 2023

India is acting as an excellent conductor for the semiconductor sector, according to Prime Minister Narendra Modi, who compared the country to a conductor in a chip and claimed it is checking all the necessary boxes. The Prime Minister was addressing during the three-day SemiCon India 2023’s opening session, which was held at Gandhinagar, Gujarat’s Mahatma Mandir.

The event to further India’s semiconductor mission in Gandhinagar attracted more than 500 industry leaders, researchers, policymakers, government officials, and entrepreneurs, among others. Ashwini Vaishnaw, the federal minister for railways, communications, electronics, and IT; Rajeev Chandrasekhar, the union minister of state for electronics and IT; and Gujarat chief minister Bhupendra Patel were in attendance at the official ceremony.

Young Liu, chairman of Foxconn, Anil Agarwal, chairman of Vedanta Group, Mark Papermaster, executive vice president and chief technology officer of AMD, Anirudh Devgan, president and chief executive officer of Cadence, Sanjay Mehrotra, president and chief executive officer of Micron Technology, and Prabhu Raja, president of semiconductor products group at Applied Materials, were on the panel from the industry.

“People asked why invest in the semiconductor sector in India a year ago when we held the first SemiCon. The question is now, “Why not invest?” after a year,” said the PM while talking to the leaders. “You’ve pinned your hopes and aspirations on India, and India has not let you down. In the India of the twenty-first century, there are many prospects for you to grow your business because of India’s democracy and population.”

According to the PM, India was once a rising star in the electronics industry. He said India’s production in 2014 was under $30 billion. Now, according to him, India’s exports of electronics and mobile phones have increased during the past two years. The best phones are now manufactured and exported from India, which formerly imported them, to other countries.

According to him, the recently launched National Quantum Mission and the upcoming National Research Foundation Bill are both included in the entire roadmap of the semiconductor revolution. The PM further stated that the revamped engineering curriculum would aid in the recruitment of experts for the sector. The PM continued that there will be a need for roughly 1 lakh designers over the next five years, and the projects would guarantee a supply.

AI To Take More Jobs From Women Than Men By 2030: McKinsey Survey

By

Sahil Pawar

-

July 28, 2023

People are becoming more concerned about the possibility of various jobs being eliminated by advanced technology as a result of recent developments in artificial intelligence. According to a recent survey by the McKinsey Global Institute, the rise of automation and artificial intelligence will result in more women losing their employment by the end of the decade than men.

According to the survey, workplace automation and artificial intelligence will drive nearly eight in ten women to change jobs or go on to another organization.

Food services, customer service and sales, and office support are the sectors that automation is predicted to dwindle the most. Women occupy more low-paying occupations than males do in these industries, thus they are more likely to be impacted.

The paper notes that office support and customer service, which could lose around 3.7 million and 2.0 million jobs, respectively, by 2030, are fields where women are disproportionately represented. According to the survey, other low-paying positions, such as retail salespeople and cashiers, which are largely held by women, may also be impacted.

As a result, in order to advance to other roles and remain relevant in the workforce, women will need to broaden their skill sets. According to the survey, businesses should look for, select, and train candidates who have the aptitude to work alongside automation.

According to a Goldman Sachs research from March 2023, generative AI may affect up to 300 million employment. According to the paper, generative AI tools like ChatGPT could lead to a productivity boost over the following ten years since they can produce content and perform tasks that are very comparable to humans.

Kerala’s Minister of Public Works and Tourism Interviewed by AI News Presenter

By

Sahil Pawar

-

July 28, 2023

Kerala's Minister of Public Works and Tourism interviewed by AI News Presenter — Image Credits: OnManorama

Kerala’s Minister of Public Works and Tourism, P.A. Muhammad Riyas, was interviewed by an AI news presenter, marking a significant step in AI-based journalism. The interview, which was organized by Channeliam.com, represents a yet another revolutionary advancement in the use of artificial intelligence in news production.

The news anchor Pragathy was introduced by Channeliam.com recently, which used this chance to set up this unique interview. Emerging technology and Kerala’s readiness for AI advancements were among the many topics discussed throughout the session.

Channeliam.com, a digital news outlet, is a startup founded by Nisha Krishnan. This start-up, which was supported by the Kerala Startup Mission and was founded in 2016, played a key role in the planning of the whole event.

In the AI-led interview, the minister was questioned by Nisha Krishnan’s avatar, powered by generative AI capabilities. The CEO and founder of Channeliam.com, Nisha Krishnan, expressed her delight on this novel method of reporting. She praised the minister for being receptive to technological developments because this opens up more avenues for public discourse.

Such events are an evidence of how journalism and technology have converged. On March 30, India Today debuted the country’s first-ever AI news anchor known as Sana. It was followed by the introduction of Lisa, Odisha’s first news anchor launched by OTV and Soundarya, South India’s first news anchor launched by Power TV.

Australian Medical Association Calls for AI Regulations After Doctors Use ChatGPT for Medical Notes

By

Sahil Pawar

-

July 27, 2023

Following a warning to doctors working in hospitals in Perth about using ChatGPT to create medical notes, Australia’s top medical group has called for strict regulations and transparency surrounding the use of artificial intelligence in the healthcare sector.

In a comment to the federal government’s discussion paper on safe and responsible AI, the Australian Medical Association noted that Australia lags behind other comparable countries in the regulation of AI and that stronger rules are required to protect patients and medical professionals and to foster trust.

After it was discovered that certain staff members had been utilizing the large language model for the practice, five hospitals in Perth’s South Metropolitan Health Service were instructed in May to stop using ChatGPT to generate medical notes for patients. According to the ABC, the service’s CEO, Paul Forden, told colleagues via email that utilizing such technologies could not guarantee patient confidentiality and that it had to stop.

In order to prevent the system from causing more health inequities, the AMA also stated that patient data must be preserved and that proper ethical oversight is required.

The recent EU Artificial Intelligence Act, which would classify the dangers associated with various AI technologies and set up an oversight board, should be taken into consideration for Australia, according to the AMA. It also recommended taking into account Canada’s rules on necessity for human intervention points in AI-related decision-making.

The AMA president, Prof Steve Robson said, “We need to address the AI regulation gap in Australia, especially in healthcare where there is the potential for patient injury from system errors, systemic bias embedded in algorithms and serious risk to patient privacy.”

HDFC Ergo General Insurance Launches Center of Excellence for Generative AI

By

Sahil Pawar

-

July 27, 2023

A Centre of Excellence (CoE) for Generative Artificial Intelligence has been established by private sector general insurance provider HDFC Ergo General Insurance. The CoE seeks to implement generative AI-based solutions to provide highly customized client experiences.

HDFC Ergo and Google Cloud are working together to identify application cases and upskill their staff in generative AI.

According to the corporation, HDFC Ergo has been using technology as a “digital first” organisation to democratise insurance and provide customer-focused services. The partnership with Google Cloud will guarantee that its developers are using generative AI in an ethical and responsible manner.

The CoE’s goals include creating new goods and services, enhancing current workflows, reducing costs, and promoting the development of a workforce equipped for the future through opportunities for training and upskilling in generative AI technologies.

The business views generative AI as a tool to improve customer experiences and unleash untapped prospects in the insurance industry. Their dedication to implementing cutting-edge technology in order to deliver better services and research new customer groups is strengthened by this partnership, said the company.

Meta Forecasts Strong Third Quarter Revenue Fuelled by Digital Ad Growth

By

Sahil Pawar

-

July 27, 2023

Meta Platforms had an 11% increase in revenue to $32 billion in the second quarter after exceeding market estimates. In terms of revenue, analysts had predicted $31.12 billion. The company forecasts a positive third-quarter revenue that will surpass market forecasts.

The company’s rising ad revenues are what drive its revenues. After the publication of the quarterly results, Meta shares were flying high and rose 4% on Wednesday during after-hours trading. In comparison to analysts’ average expectation of $31.30 billion, the business anticipates sales from July through September in the range of $32 billion to $34.5 billion.

The social media behemoth, fueled by excitement surrounding cutting-edge artificial intelligence technology and an ambitious austerity drive in which it has laid off some 21,000 staff since last autumn, is still recovering from a painful 2022 crunch. The company’s shares have more than doubled in value this year as a result of the development in AI.

Additionally, after months of reduced expenditure, advertisers are now supporting those gains by investing more money in digital ads. Brands are putting their bets as the situation improves, but they are only doing so on reliable platforms like Meta and Alphabet.

The revenue increases offer comfort as Meta continues to invest more than $10 billion annually on a longer-term bet on metaverse hardware and software, while also making significant investments to improve its infrastructure and stay competitive in a developing arms race surrounding AI technology.

According to the business, legal-related expenses will cost between $88 billion and $99 billion in 2023. Additionally, the business may have to deal with higher infrastructure-related costs in 2024 in addition to an increase in payroll costs.

Meta India and INDIAai Collaborate Over AI and Emerging Technologies

By

Sahil Pawar

-

July 27, 2023

Meta India and INDIAai collaborate over AI and emerging technologies — Image Credits: AD

In order to make Meta’s open-source AI models accessible, INDIAai and Meta India signed a memorandum of understanding (MoU) on Wednesday. The partnership will create a framework for collaboration and cooperation in the field of artificial intelligence and emerging technologies.

INDIAai is a research organization, knowledge platform, and ecosystem-building project. The AI ecosystem in India will be brought together and cooperation will be encouraged through this deal.

Abhishek Singh, CEO of INDIAai, said in a statement that the company’s cooperative research and development efforts with Meta will use cutting-edge AI technologies like Llama and other open-source solutions to address large-scale problems.

In order to support the startup ecosystem in these industries, both organizations may also think about establishing a center of excellence. They will use Meta’s AI research tools, including Llama, Massively Multilingual Speech, and No Language Left Behind. The emphasis will be on creating datasets in Indian languages to support large language models and translation, with a concentration on low-resource languages.

The project’s use of large language models, generative AI, cognitive systems, and translation models is intended to promote social inclusion, enhance the delivery of government services, and stimulate innovation. Both organizations added that they will cooperate to advance ethical AI practices through the joint creation of comprehensive tools and guidelines.

TikTok Introduces Text-only Posts to Compete with Twitter and Threads use

By

Sahil Pawar

-

July 26, 2023

In an effort to capitalize on users who could be looking for Twitter alternatives, TikTok has announced the addition of text-only posts. TikTok users can now post text-only content, a major change for the social media app known for its short videos.

TikTok described the change as expanding the boundaries of content creation for everyone on TikTok and giving the written creativity they have seen in comments, captions, and videos a dedicated space to shine.

The posts, which have a word count maximum of 1,000, will also let users add colorful backgrounds and stickers. Compared to Instagram, these posts will facilitate a conversation, rather than simply allowing it to be commented on. The app will continue to limit video descriptions to 2,200 characters and comments to 150 characters.

According to TechCrunch, the feature’s debut was likely to take on Twitter, now rebranded as X, and Meta’s Threads. Elon Musk recently changed the name of his firm to X, a move that many have dubbed extremely risky since he purchased Twitter in October.

Instagram’s text-based app, Threads, was introduced earlier this month to much excitement. The app uses Instagram’s user base. Though Threads saw 100 million join up in less than five days after it launched, Forbes says that the number of daily active users has subsequently dropped by 70%.

OpenAI Releases ChatGPT App for Android

By

Sahil Pawar

-

July 26, 2023

OpenAI’s ChatGPT app, which has been accessible to iOS users for the past two months, has recently been made available for Android. Users in the US, India, Bangladesh, and Brazil will be the first to have access to the app’s Android version when it launches, which will happen in phases.

Over the next week, OpenAI plans to further increase the app’s availability to more nations. The ChatGPT app for Android is free, however OpenAI provides a subscription service that may be used to access the latest large language model GPT-4 and more features.

The ChatGPT Android app is compatible with smartphones running Android 6.0 or later and is accessible for download in India through the Google Play store. The application size is 6MB. Pre-registered users simply need to update the app from the store.

After that, users can use all of ChatGPT’s features that are available on the desktop version. The Android app adds support for chat history and syncing. Since its initial release in May 2023, ChatGPT app has only been available on Apple’s iOS. After being made available to the public in November of last year, the AI-based chatbot ChatGPT quickly acquired popularity in the technology sector.

The announcement comes as leaders in chatbot technology including OpenAI, Microsoft, Google, and Anthropic are engaged in a heated AI arms race. Tech firms are rushing to release new chatbot apps as well as new capabilities like visual search in an effort to persuade users to incorporate generative AI into their daily lives.

AI Cameras Installed on Bengaluru Mysore Expressway to Combat Overspeeding

By

Sahil Pawar

-

July 26, 2023

AI cameras installed on Bengaluru Mysore Expressway to combat overspeeding — Image Credits: Wikipedia

According to Karnataka’s assistant director general of police for traffic and road safety, Alok Kumar, the police department has placed artificial intelligence based cameras on the Bengaluru Mysore Expressway to combat excessive speeding. He added that Mysore would soon test an intelligent traffic management system.

Inspected the progress of road safety related work on Bengaluru- Mysore Expressway

AI based cameras deployed on trial basis to capture over speeding

Introducing Intelligent Traffic Management System in Mysore City soon,any suggestion from citizens is welcome in this regard
— alok kumar (@alokkumar6994) July 25, 2023

“Inspected the progress of road safety-related work on the Bengaluru-Mysore Expressway,” Alok Kumar tweeted. “AI-based cameras are being tested to record overspeeding. Any suggestions from the public are appreciated in this regard as Mysore City will shortly introduce an intelligent traffic management system.”

Many automobiles have recently been observed on the motorway taking the wrong exit, endangering other commuters on the road. The ADGP even threatened to cancel a driver’s license if someone was found breaking the law on the road.

The Bengaluru Mysore Expressway experienced 100 fatalities and 335 injuries as a result of accidents up to June of this year, according to the Karnataka government.

NHAI announced on Tuesday that tractors and two-wheelers will all be prohibited from using the expressway starting on August 1. It added that because the expressway is designed for fast-moving vehicles, slow-moving vehicles like two-wheelers, tractors, cars and other non-motorized vehicles may create road safety issues.

Additionally, it stated that such vehicles had access to different routes and separate roads. During his visit to Karnataka in March, Prime Minister Narendra Modi officially opened this Expressway.