Yesterday, July 11, was dominated by the incident where Suumit Shah, founder of e-commerce startup Dukaan tweeted about replacing 90% of the company’s customer support staff with intellectual chatbots. artificial intelligence (AI), and netizens started condemning the founder for his ignorance. empathy. Today, things took a different turn when Microsoft co-founder Bill Gates posted a blog where he talked about the risks AI poses and how to manage it. In another incident, IT specialist Wipro launched a new service called ai360. This and more in today’s AI compendium. Let’s take a closer look.
Bill Gates talks about the risks of AI
Gates wrote very long parcel on his GatesNotes blog about the current and potential risks posed by AI, and how to manage it. in one tweet, blog post, he says, “The risks of AI are real and they seem overwhelming—but the best reason to believe we can manage them is that we’ve done it before This. History shows that the challenges created by new technology can be tackled, and if governments and the private sector do their part, we can do it again.”
In the blog, he covered issues of deepfakes and misinformation, AI hacking of personal and government data, job losses, AI bias, and the impact on academia. He also offers possible solutions and ways to mitigate the challenges. For the most part, the solution is to adapt to the new reality and actively seek the way forward, as humans have always done throughout history.
Wipro launches ai360
Wipro, the IT multinational corporation, has launched a new service called ai360. It is an ecosystem platform that will integrate AI into every tool and solution the company offers to customers and use internally to build on its decades-long investments. In addition, Wipro has also committed to invest $1 billion in AI over the next three years.
According to the company, the investment will be used to build and enhance capabilities in AI, data and analytics, etc. to open up new avenues of advice to help customers seamlessly adapt AI and exploit its full potential.
OECD survey says AI could take away 27% job
The Organization for Economic Co-operation and Development (OECD) issued a scathing statement and said that more than a quarter of the jobs currently performed by humans will be taken up by AI, as part of the AI revolution that is underway. take place, according to a report. report by Reuters.
“To date, there is little evidence that the emergence of AI is having a significant impact on employment, but that could be because the revolution is in its early stages,” the OECD said. The organization also mentioned that workers in Eastern European countries are at higher risk of losing their jobs due to AI.
IBM makes AI chips to reduce costs
According to a report by TechCircle, IBM is planning to develop AI chip in-house to reduce operating costs for recently launched product cloud computing service. The general manager of IBM Semiconductors, Mukesh Khare, told Reuters in an interview, that the company is considering using a chip currently called Artificial intelligence Unit for its Watsonx cloud service.
Resemble AI has raised $8 million in Series A funding round
Resemble AI is a platform that uses generalized AI technology to replicate human voices and produce realistic results. The startup today raised around $8 million in its Series A funding round, report TechCrunch. The round was led by Javelin Venture Partners and other participants including Craft Ventures and Ubiquity Ventures.
“Resemble’s technology is being used by some of the biggest media companies in the world to create content that was not possible before,” co-founder and CEO Zohaib Ahmed told TechCrunch.
