In Demand: Tech Talent

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.

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Global economy sluggish in Q2

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.

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Dispelling Crypto Myths

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.

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AI for Clinical Trials

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.

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Generative AI unlocking a US$4trillion opportunity – Part II

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.

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Generative AI unlocking a US$4trillion opportunity – Part I

According to a McKinsey study on the economic opportunity of Generative AI’s impact on productivity, it could easily add an equivalent of $2.6 trillion to $4.4 trillion annually across diverse use cases.Generative AI will transform our lives, occupations and society in countless ways and its revolutionary ability to generate content from prompts will redefine the global economy.

AI: Investment Opportunities and Strategies

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.

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The Three-Trillion Titan

In a momentous financial achievement, Apple Inc. solidified its position as the world’s most valuable company by becoming the first corporation to achieve a market capitalisation of over USD 3 trillion last week. This unprecedented valuation reflects Apple’s formidable presence and seemingly inexhaustible dominance in global equity markets.While the $1 trillion benchmark was first surpassed by Apple in 2018, it took less than five years for the company to triple that record.

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Botnet attacks emerge as key force

According to Kaspersky, botnets are networks of hijacked computer devices used to carry out various scams and cyberattacks. Bots, currently make up 47% of all internet traffic, while human beings account for just over half.Bad bots, programmed to make things fail or work in favour of bad actors, are causing more harm than ever before.With active devices no longer limited to specific geographies like Eastern Europe and Asia as in the past, botnet attacks emerge as key force behind global DDoS attacks.

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AI cannot get smarter unless it senses the world

Despite the worldwide buzz about artificial intelligence (AI) systems soon outwitting humans and taking control, a new research conducted by scholars at the University of Sheffield concludes that as long as AI systems continue to be trained in the current modeland designed using current architecture, it is highly unlikely that they will ever develop human-like cognition.

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