“Alphabet and Google CEO, Sundar Pichai, is the latest tech giant kingpin to make a public call for AI to be regulated while simultaneously encouraging lawmakers towards a dilute enabling framework that does not put any hard limits on what can be done with AI technologies.
Google chief claiming: ‘AI has the potential to improve billions of lives, and the biggest risk may be failing to do so'”
“The latest version of CaixaBank’s Virtaula training portal uses AI to profile staff and identify what training they might benefit from. A chatbot, which communicates using natural language, will also assist staff accessing courses if they want to take up suggestions.
Another HR example is in Singapore, where DBS bank is using the technology to screen applicants for wealth management jobs, with the aim of saving 40 man-hours a month. A platform known as Jim (Jobs Intelligence Maestro) supports staff in reviewing CVs, collecting responses to pre-screening questions and conducting psychometric tests.”
“A day may come in the future when words spoken in one vernacular language would automatically be translated into another to ease out communication between people belonging to two distinct geographies.
We will set up 25 hubs focusing on diverse areas. Each hub will have multiple academic institutions and industry.
Even with government funding and industry participation, India is just at the starting point of a promising long road to harness AI for societal benefits.”