The Immediate and Sustained Need for Social Capital
How social entrepreneurial ventures are pivotal to pandemic response When the COVID-19 pandemic took hold around the world in March 2020, it was generally recognised as one of the harder crises the world would have to deal with, especially with no time-bound end in sight on a global level. A slight inclination towards finance will […]
Generative AI to deliver ROI in two years
A Forrester report on the top 10 emerging technologies of 2023 lists generative AI, autonomous workplace assistants, and conversational AI as the top three technologies that are poised to deliver a return on investment in less than two years. The benefits of using these technologies include improved digital experiences, faster content generation, and improved content quality.
Carnegie Mellon study finds AI breach
In a most recent paper released on 27 July, Carnegie Mellon researchers have uncovered a new vulnerability, proposing a simple and effective attack method that causes aligned language models to generate objectionable behaviours with a high success rate. Their study shows how a simple trick could fool any of the leading chatbots to generate nearly unlimited amounts of harmful information.
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.
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.
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.
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.
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.
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.
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.