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Big tech forms a group to investigate the effects of AI on tech jobs

5Apr

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Technology

Big tech forms a group to investigate the effects of AI on tech jobs

[ad_1] As artificial intelligence (AI) becomes increasingly prevalent in the tech industry, questions about its impact on jobs and the economy are gaining traction. Big Tech companies like Google and Microsoft, major players in AI development, are now collaborating to study the potential effects of AI on technology-related employment.Growing Concerns About Job DisplacementLed by Cisco, this consortium also includes industry giants such as IBM, Intel, SAP, and Accenture. Additionally, prominent labor unions like the AFL-CIO and the CWA are serving as advisors to the group. With the rise of generative AI technologies like chatbots and image generators, concerns about AI displacing human jobs have intensified, reported washingtonpost. Also read: Microsoft onboards former Google DeepMind co...

5 things about AI you may have missed today: Accenture unveils Gen AI studio, Biden’s AI strategy sparks concern, more

18Dec

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Technology

5 things about AI you may have missed today: Accenture unveils Gen AI studio, Biden’s AI strategy sparks concern, more

[ad_1] Pakistan's Imran Khan speaks from prison through AI in virtual rally amid election concerns; France leads global shift with AI-powered surveillance ahead of 2024 olympics; Biden's stealthy AI strategy sparks clash with Elon Musk and OpenAI over transparency; Accenture unveils Gen AI studio in Bengaluru - this and more in our daily roundup. Let us take a look. 1. Pakistan's Imran Khan speaks from prison through AI in virtual rallyFormer Pakistani Prime Minister Imran Khan, currently imprisoned, addressed supporters via a five-hour "virtual powershow" organised by his party using artificial intelligence. The online rally featured a four-minute speech delivered by an AI voice replicating Khan. Despite garnering 1.5 million views on YouTube within 12 hours, the event faced challenges...

5 things about AI you may have missed today: Amazon invests in AI Startup, Getty Images unveils AI tool, and more

25Sep

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Technology

5 things about AI you may have missed today: Amazon invests in AI Startup, Getty Images unveils AI tool, and more

[ad_1] Amazon commits $4 billion investment in AI Startup Anthropic to compete with other tech giants from Microsoft to Google; Differing opinions emerge among experts on the impact of artificial intelligence; AI becomes mainstream in South Korea, from K-pop to sales assistants; Accenture's AI Chief says generative AI could boost Europe's competitive edge against the US- this and more in our daily roundup. Let us take a look.1. Amazon commits $4 billion investment in AI Startup AnthropicAmazon is set to invest $4 billion in AI startup Anthropic, intensifying its competition with Microsoft, Meta, Google, and Nvidia in the rapidly expanding AI sector. Initially, Amazon will invest $1.25 billion for a minority stake in Anthropic, with an option to increase it to $4 billion. Anthropic, back...

Google opens access to meeting assistant, other Gen AI-enabled tools

30Aug

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Technology

Google opens access to meeting assistant, other Gen AI-enabled tools

[ad_1] Google has opened access to its meeting assistant Duet AI which will enable users to attend meetings and generate notes without joining calls, the company said on Tuesday.So far, access to the AI collaborator was restricted to subscribers. Duet AI is Google's AI integration for Google Cloud and Workspace, which will allow users to not only take notes, but also join meetings on their behalf, capture notes, action items and video snippets, a senior Google Workspace executive said during a media roundtable ahead of Google Cloud Next 2023 on Tuesday. "Duet will act as your meeting assistant -- capturing notes, action items, video snippets in real time with the new 'Take notes for me' feature. This can even help you to jump in and join late," Google Workspace VP-Products Kristina Behr...

ChatGPT, other AI models to disrupt Indian IT firms – JPM

11Feb

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Technology

ChatGPT, other AI models to disrupt Indian IT firms – JPM

[ad_1] Generative AI models such as ChatGPT will slow down market share gains and deflate pricing for Indian IT companies in the short term, analysts at J.P.Morgan said on Friday. As generative AI is implemented more broadly, consulting firms like Accenture and Deloitte will gain market share over Indian IT firms like Infosys Ltd and Wipro Ltd in the near term, analysts at the brokerage said in a note to clients. Generative AI can be a "deflation driver" in the near term on legacy services as they compete on pricing, necessitate staff retraining and drive loss of competitiveness, they added. "ChatGPT is likely to deflate legacy services the most and application services the least." Artificial intelligence company OpenAI's chatbot has dazzled amateurs and industry experts with i...

Five things to watch at CES tech megashow

5Jan

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Technology

Five things to watch at CES tech megashow

[ad_1] The presence of auto companies will be the biggest ever this year, with nearly 300 exhibitors grouped in a dedicated hall with keynote events by Stellantis, BMW and other heavyweights. The world's biggest tech megashow, the Consumer Electronics Show (CES), gets underway in Las Vegas this week, with organizers hoping to recapture the excitement of years past after two years marred by the coronavirus pandemic. Here are some things to look out for in this year's edition. - How big? - In January 2020, more than 117,000 people attended the Las Vegas extravaganza just weeks before Covid-19 would send much of the globe into lockdown. The 2021 edition took place virtually and a hybrid version held last year saw about 40,000 visitors, ...