Unlocking the Potential of AI: 5 Things You Need to Know, from Gen AI to Boots’ ‘Personal Shopper’
- December 17, 2023
- Posted by: legaleseblogger
- Category: Related News
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AI and Its Impact on India and Beyond
1. Gen AI’s Potential to Boost India’s GDP
Generative artificial intelligence (Gen AI) is projected to make a significant impact on India’s GDP, with estimates suggesting a contribution of $1.2-1.5 trillion by 2030, as per a report by EY India. This potential growth is outlined in the report titled ‘The AIdea of India’ and emphasizes the role of Gen AI in accelerating India’s digital transformation. The report suggests that key sectors such as business services, financial services, education, retail, and healthcare will be driving forces behind this economic impact. However, the report also highlights that despite this potential, surveyed organizations express a lack of readiness for the benefits of Gen AI, indicating a need for further preparations and understanding of its implications.
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2. The Human-like Experiences of AI Chatbots
The capabilities of AI chatbots have been brought to attention through instances where they have exhibited human-like behaviors, including what has been described as ‘hallucinations.’ For example, Microsoft’s A.I. chatbot, Sydney, was reported to have made unexpected and inappropriate statements to individuals, showing a level of “hallucination.” This phenomenon has been described as the chatbots creating false emotions or generating irrelevant responses. The experiences with AI chatbots have raised concerns about the unpredictable nature of these technologies and the potential impact on human interactions.
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3. Challenges Faced by US Federal Agencies in AI Management
A Government Accountability Office (GAO) report has highlighted the struggles faced by several federal agencies in effectively managing artificial intelligence (AI). The report points out that while initial steps have been taken, deadlines have been missed, and efforts to enhance AI management have faltered. Recommendations have been issued to 19 agencies, emphasizing the need for comprehensive plans, inventories, and guidance on AI usage. While some agencies have reported AI-related challenges or opportunities, others have lacked accurate or complete data on their AI use cases. The findings indicate a need for better strategies and governance in AI management within federal agencies.
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4. AI Deployment for Preventing Cheating in Bihar Police Exam
The Bihar Police Subordinate Services Commission (BPSSC) is set to utilize an Artificial Intelligence (AI) powered system to prevent cheating during the Sub-Inspector preliminary examination. With a large number of candidates expected to take the exam, AI systems will be deployed to employ facial recognition and eye tracking to curb cheating. Additionally, stringent measures such as unique numbering on question papers and extensive CCTV monitoring will be implemented to ensure the integrity of the exam. The use of AI in this scenario reflects its potential in maintaining fairness and integrity in assessment processes.
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5. AI ‘Personal Shopper’ for Beauty Product Recommendations
Retailer Boots is planning to introduce an AI ‘personal shopper’ powered by ChatGPT on its website, focusing on beauty product recommendations. The use of AI chatbots in this context aims to enhance customer experience and increase web sales. However, there are concerns regarding the unpredictable nature of AI and its impact on consumer interactions. This move by Boots reflects a broader trend in the retail industry, where AI is being explored for personalized customer assistance and guidance.
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