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.
Denne historien er fra December 24, 2024-utgaven av Financial Express Pune.
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Denne historien er fra December 24, 2024-utgaven av Financial Express Pune.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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The year AI took centrestage
The debate if it is a blessing or a Frankenstein rages on
Shyam Benegal, pioneer of parallel cinema, dies
JUST WHEN MAINSTREAM Hindi cinema stepped into an exciting new phase with the rise of the 'Angry Young Man' in the '70s, Shyam Benegal made a stunning debut as the writer and director of Ankur (The Seedling, 1974), propelling the parallel cinema movement in India.
Toyota-Suzuki pact should be the template in India
ANALYSTS SAID THAT for the Indian market, auto firms can't afford to be just in segments like petrol and diesel.
Now, Musk wants you to pay 'X-tra' as premium plans
● Marks the largest price increase since acquisition AGENCIES
Honda, Nissan on merger road
SMALLER MITSUBISHI MOTORS, in which Nissan is top shareholder, was also considering joining and would make a decision by the end of January, the companies said.
For IT firms, it's a mixed blessing
\"DESPITE CURRENCY PRESSURES, the sector's growth is underpinned by strong demand, particularly in cloud and AI-driven transformation projects,\" said an industry analyst.
Noel Tata: From shadows to spotlight
THE NEW CHAIRMAN of Tata Trusts, however, has done enough to remove the earlier perception of \"lack of exposure\".
UK insurer Aviva to shed up to 2,300 jobs in $4.65-billion deal
COMBINED COMPANY WILL SHED BETWEEN 5-7% OF ITS TOTAL WORKFORCE
US launches new probe into legacy Chinese chips
THE BIDEN ADMINISTRATION announced on Monday a last-minute trade investigation into older Chinese-made \"legacy\" semiconductors that could heap more U.S. tariffs on chips from China that power everyday goods from autos to washing machines to telecoms gear.
In a note to India, Bangladesh demands Hasina's extradition
● Dhaka insists on Hasina's trial, India declines comment
