The year AI took centrestage
Financial Express Hyderabad|December 24, 2024
The debate if it is a blessing or a Frankenstein rages on
RISHI RAJ

TWENTY-FIVE YEARS AGO, the fear of the Y2K bug had gripped the world and India was no exception. The fear was that computers would crash when the year 1999 ended due to a misunderstanding of how years were stored. Computers were programmed to store two digits for the year, so a year written as 00 could be read as 1900 instead of 2000. It proved to be a false alarm, but 2000 became a turning point for India's IT industry.

Come 2024, and people were quite similarly engrossed with the fear of artificial intelligence (AI). True, the technology has the potential to reshape virtually every aspect of human life. From healthcare and education to manufacturing, logistics, and even entertainment, this emerging technology is revolutionising industries, improving efficiencies, and opening up new possibilities. Then why the fear? This is because it's the first technology in history which has the potential to get out of human control. The debate that dominated conversations during 2024 and will continue to do so in subsequent years is: Is AI a blessing for mankind, or will it turn out to be a Frankenstein? This was best summarised by Prime Minister Narendra Modi when he pointed out that global security will face a big threat if AI-laced weapons were to reach terrorist organisations.

Diese Geschichte stammt aus der December 24, 2024-Ausgabe von Financial Express Hyderabad.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 24, 2024-Ausgabe von Financial Express Hyderabad.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS FINANCIAL EXPRESS HYDERABADAlle anzeigen
Financial Express Hyderabad

A middle-class meltdown

Economic shift, stagnating real income post Covid weigh on spending on daily items

time-read
3 Minuten  |
December 25, 2024
Financial Express Hyderabad

Shyam Benegal cremated with full state honours

VETERAN FILMMAKER SHYAM Benegal, the pioneer of the parallel cinema movement in Indian cinema in the 1970s and 1980s, was cremated on Tuesday with full state honours and a three-gun salute.

time-read
1 min  |
December 25, 2024
Financial Express Hyderabad

Net gains: Secured Virat, cautious Rohit gear up

INDIA GOT a chance to bat in the nets on fresher pitches on Tuesday, their last day of training as Christmas day is a rest day for them.

time-read
1 min  |
December 25, 2024
Financial Express Hyderabad

Champions Trophy: India to play Pakistan on Feb 23

INDIA WILL PLAY all their matches of the Champions Trophy in Dubai with the marquee clash against arch-rivals Pakistan scheduled on February 23, the International Cricket Council (ICC) announced on Tuesday.

time-read
1 min  |
December 25, 2024
Financial Express Hyderabad

Local satellites push draws 30 aspirants

The applicants for INSPACe's latest effort in this regard include startups such as Google-backed Pixxel and Baring Private Equity-backed SatSure, as well as larger entities like Tata Group's Tata Advanced Systems.

time-read
1 min  |
December 25, 2024
Financial Express Hyderabad

Labour-intensive exports: Gains likely to be short-lived

India's textile export growth is likely to be short-lived despite a recent surge, driven by factors such as a volatile rupee and unrest in competing nations like Bangladesh. While this presents opportunities for Indian companies, long-term gains require increased competitiveness and product diversification.

time-read
2 Minuten  |
December 25, 2024
Financial Express Hyderabad

₹2-cr fine on Deloitte Haskins for Zee audit

In September 2018, the chairman of ZEEL, who is also the promoter of Essel Group of Companies, issued a letter to Yes Bank, and committed ₹200 crore of fixed deposit (FD) of ZEEL as a guarantee for the loans given by the bank to group company Essel Green Mobility.

time-read
1 min  |
December 25, 2024
Financial Express Hyderabad

Walking into a minefield

Even though she made a very strong pitch that funds will move away from the regulated markets towards crypto and similar assets, if bourses don't move towards instantaneous settlement, neither brokers, nor the exchanges made a real effort to back her.

time-read
1 min  |
December 25, 2024
Financial Express Hyderabad

EAM in US to boost bilateral ties

IN WHAT IS expected to be the first high-level contact between the incoming Trump 2.0 administration and the Indian government in its third term, external affairs Minister S Jaishankar is likely to meet the new Trump team in the US.

time-read
1 min  |
December 25, 2024
Financial Express Hyderabad

Economists for FTAs, land & labour reforms

RCEP was signed by the group of countries in November 2020 except India.

time-read
1 min  |
December 25, 2024