After a long hiatus, Bertie found himself back in the land of his beloved Queen—may her soul rest in peace. Ever a creature of habit, even on vacation, Bertie continued his routine of reading the country’s leading financial daily. Labour had recently secured a historic landslide victory, so he expected jubilant headlines, brimming with optimism. … Read more
As artificial intelligence (AI) continues to evolve, its potential integration into various sectors has sparked debates worldwide. One area drawing increasing attention is its use in the judiciary. Saddled with the backlog of millions of pending cases, the Indian judicial system might benefit from using artificial intelligence, experts said. However, they caution that such a … Read more
Some enterprises remain sceptical about the returns on artificial intelligence (AI) deployment. However, a recent report from Bain & Company has cited encouraging gains. Mint explains the state of GenAI adoption among companies today. Is GenAI moving beyond experiments? The early movers are going beyond proof of concept (PoC) and trials to deploy GenAI across … Read more
India’s Minister of External Affairs, S. Jaishankar, at the third Kautilya Economic Conclave, Delhi, said that artificial intelligence, along with factors like demographics and connectivity, will change the global order, according to mutiple media reports. “Demographic, connectivity and AI will change the global order,” said the external affairs minister at the economic conclave. Jaishankar also … Read more
Microsoft Corp. Inc. wants to partner with the Indian government and other stakeholders as co-pilots to accelerate AI adoption, said Sundar Srinivasan, vice-president of AI & search, Microsoft India Development Centre, during a panel discussion at the Mint India@2047 Summit on Friday. “India has a unique asset in terms of, I think, the cultural … Read more
No one doubts that artificial intelligence (AI) will change the world. But a doctrinal dispute continues to rage over the design of AI models, namely whether the software should be “closed-source” or “open-source”—in other words, whether code is proprietary, or public and open to modification by anyone. Some argue that open-source AI is a dead … Read more
Large language models have a keen appetite for electricity. The energy used to train OpenAI’s GPT-4 model could have powered 50 American homes for a century. And as models get bigger, costs rise rapidly. By one estimate, today’s biggest models cost $100m to train; the next generation could cost $1bn, and the following one $10bn. … Read more
When historians in future centuries compile the complete annals of humankind, their output will be divided into two tomes. The first will cover the hundreds of thousands of years during which humans have been earth’s highest form of intelligence. It will recount how souped-up apes came up with stone tools, writing, sliced bread, nuclear weapons, … Read more
Large language models have a keen appetite for electricity. The energy used to train OpenAI’s gpt-4 model could have powered 50 American homes for a century. And as models get bigger, costs rise rapidly. By one estimate, today’s biggest models cost $100m to train; the next generation could cost $1bn, and the following one $10bn. … Read more
Union Commerce and Industry Minister Piyush Goyal on Wednesday launched an AI (artificial intelligence) and ML (machine learning) search tool that will help clear trademark applications at a faster pace and with greater efficiency. The minister said that AI will have to be accepted by all as it would help further promote ease of doing … Read more