PWC, a professional-services firm, reckons that AI could add almost $16trn to global economic output by around 2030 (compared with 2017). McKinsey, a consulting firm, separately arrived at a similar figure, but now reckons this could rise by another 15-40% because of newer forms of AI such as large language models. Yet Africa, which has … Read more
Google became one of the world’s largest companies by building the world’s most popular internet search engine. But the advent of AI has spawned an army of rivals ready to upstage its monopoly. Now, with OpenAI showcasing SearchGPT, should Google be scared? Is SearchGPT really novel? Not really. Microsoft’s Bing—incidentally powered by OpenAI’s generative pre-trained … Read more
Despite successfully filing your income tax returns or ITR for this assessment year, your tax refund may be delayed, a social media user claiming to be a Chartered Accountant said. CA Anand Luhar, who claims to be associated with the Institute of Cost & Works Accountants of India (ICWAI), in a post on X (formerly … Read more
In a stunning display of mathematical prowess, Google’s AI systems, AlphaProof and AlphaGeometry 2, have achieved silver medal-level performance at the prestigious International Mathematical Olympiad (via India Today). AlphaProof, a groundbreaking AI system introduced by Google, excels in formal mathematical reasoning, reported the publication. Utilizing a blend of language models and the AlphaZero reinforcement learning … Read more
After months of rumours, Sam Altman’s startup OpenAI has finally unveiled a search engine competitor to Google called SearchGPT. The new feature is currently in ‘prototype’ stage and is only available via a waiting list, but is expected to be rolled out to all users in the future. In a blogpost about new search feature, … Read more
ANYONE CAN spot a tipping point after it’s been crossed. Also known as critical transitions, such mathematical cliff-edges influence everything from the behaviour of financial markets and the spread of disease to the extinction of species. The financial crisis of 2007-09 is often described as one. So is the moment that covid-19 went global. The … Read more
In an interview on the sidelines of the Google I/O Connect held in Bengaluru on Wednesday, Ajjarapu reasoned that with its largest mobile-first population, micro-payment and digital payment models, a booming startup and developer ecosystem, and diverse language landscape, “India is uniquely positioned to drive the next generation of AI innovation.” In India, Google works … Read more
OpenAI has introduced a five-tier system to measure its progress toward developing artificial intelligence (AI) capable of surpassing human performance, reported Bloomberg. This move aims to provide clearer insight into the company’s approach to AI safety and its vision for the future. The classification system was unveiled to employees during an all-hands meeting, an OpenAI … Read more
In the world’s tech capital it is taken as read that AI will transform the global economy. But for AI to fulfil its potential, firms everywhere need to buy big tech’s AI, shape it to their needs and become more productive as a result. Investors have added $2trn to the market value of the five … Read more
When Aravind Srinivas was accepted at the University of California, Berkeley, to do a PhD, his mother was disappointed. Like many Indian parents, she wanted him to go to the Massachusetts Institute of Technology. But things worked out after all; on the west coast he interned at OpenAI and Google’s DeepMind, both of which became … Read more