Generative artificial intelligence (GenAI) models can increase business productivity manifold, but the world will need a bigger breakthrough for these models to develop human-like reasoning capability, UiPath co-founder Daniel Dines, who stepped down as co-chief executive to take over as chief innovation officer (CIO) of the enterprise automation software company, said in an interview on his visit to Bengaluru for the inauguration of its first office outside Romania. Daniel also shared his views on how robotic process automation (RPA) is used with GenAI to enhance customer experience. Edited excerpts:
What does your new role as the CIO entail?
I was lucky to find a great CEO (Rob Enslin) to do the go-to-market and day-to-day operations. Now I have way more time to work directly with the product and engineers, which is my passion. I believe that it’s better to play on your strengths and double down on them.
You scaled your company from a tiny apartment in Romania to a more than $1 billion-revenue public entity, which displays your other strength too...
Agree. But it’s mostly about focus and bandwidth, and especially with the advancements in AI, we are seeing a generational shift in products. It’s much better to be involved in reinventing products.
Would this mean using automation not only with AI but with GenAI too?
Esta historia es de la edición February 22, 2024 de Mint Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición February 22, 2024 de Mint Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Buying Online? Beware Of these deceptive patterns
Deceptive prompts in apps—ways to coerce people into spending more time or money—are on the rise. Here's how to identify them
As AI gets real, slow and steady wins the race
Companies head into 2025 with careful deliberation when it comes to using AI
Why the Earth Is Not a Type 1 Technological Civilization
According to one theory about how we harness energy, Type 1s have total control over planetary energy resources
Our legislative frameworks must adapt to the rise of AI
Probabilistic digital systems complicate guilt assignment but we'll need tight controls against major harms
Take tax action for Viksit Bharat in the Union budget for 2025-26
The government could take major steps towards its worthy goal of a tax regime that's simple, predictable and competitive
Trump's US mustn't repeat its profiling of Chinese scientists
Espionage suspicions could lead the US to lose its war for talent
The rise of Trump poses a paradox of higher education
An elitist college system seems to have deepened divisions in the US and this may hold lessons for India too
There's a case for heavy taxes on MNC royalties
Royalty payments to MNCs by their local units have been rising-even going above dividend payouts in some cases. India needs shareholder vigilance and fiscal action to curb excesses
Financial frauds evolve fast but we can still safeguard ourselves
While technology has transformed how scamsters operate, reliable ways exist to dodge their traps
Smart-beta funds: A guide to balancing your portfolio
Tailor-made strategies will help you navigate the market cycles better and optimize returns