Category: blog

According to the IMF, climate change could shave 11%-14% off global economic output by 2050 compared with growth levels without climate change. As per World Bank,global food insecurity could push an additional 100 million people into poverty by 2030. There is an urgent need to forecast climate with a greater accuracy that could better prepare us for risk mitigation. And now, scientists are creating a digital twin of the Earth that would be simulated in unprecedented detail to analyse the climate system in a way that has never been possible before.

As we prepare the next generation of business leaders, we must proactively understand the evolving job market and equip students with the necessary skills to thrive in a world where AI is playing an increasingly crucial role.The likelihood of job displacement by AI depends on the tasks’ routine nature and quantifiability.

By now, we are all aware of how ChatGPT is taking the world by storm. Within its short lifespan of just half-a-year, it is already making significant waves across industries and is posed to bring about a paradigm shift by transforming the ways-of-working in every profession. But OpenAI is not the only company out in search of the Holy Grail!Over the last few months, several competitors to ChatGPT have been released.

The demand for skilled technology professionals continues to soar. While there were several layoffs in the industry earlier this year, the majority of tech workers have already found new employment, with many remaining in tech and expressing satisfaction with their new roles. However, this also presents a unique opportunity for companies outside tech to tap into this talent pool and bolster their innovation and digital transformation efforts.

The global economic expansion decelerated at the end of the second quarter as a renewed contraction in manufacturing output was accompanied by the slowest growth of service sector activity growing for four months. While services outperformed manufacturing in all 12 major developed and emerging economies, India was the only exception and continued to lead the global growth rankings in June.

Cryptocurrencies have become a hot topic of discussion in recent years, with both avid supporters and sceptical critics voicing their opinions. However, it is crucial to base our understanding of this emerging digital asset class on accurate information and reliable data.A comprehensive report released by a leading blockchain analysis company tries to debunk misconceptions and shed light on the reality of cryptocurrencies.

A recent amendment to the New Drugs and Clinical Trial Rules (2023) passed by the Government of India, aims to do away with the use of animals in research – especially in drug testing. The world is gradually waking up to the needless cruelty involved in animal testing. With all the added benefits AI can offer, there is no reason why the inhuman practice of animal testing must continue.

Generative AI can substantially increase labour productivity across the economy.The potential is immense.But as we navigate this new frontier, we must strive to ensure that its benefits are equitably distributed, lest we risk exacerbating existing economic disparities.The future of Generative AI should be one of inclusive growth, where all nations have the opportunity to thrive in the new digital economy.

Artificial Intelligence, once an area of interest confined within IT Research and Development, is now rapidly emerging as a giant in the tech industry. Its predicted market value, a staggering US$3 trillion by 2029, according to research from Morgan Stanley, emphasises its potential and opportunities. Explore the transformative power of AI, focusing on the predicted market growth, investment prospects, potential winners, and strategies to leverage in the fast-growing sector.