Tag: suumit shah

AI appreciation day: A look into the transformative power of generative AI
Technology

AI appreciation day: A look into the transformative power of generative AI

[ad_1] If you have woken up to people celebrating ‘AI appreciation day' and are confused about what it is all about, then you are at the right place. Artificial intelligence has come up in a big way this year. While the field of AI has existed for a long time, the hype around the subject among people started in real earnest in November 2022, when OpenAI made its AI-powered chatbot ChatGPT, a generative AI model, open to the public. Ever since then, this particular branch of AI has grown exponentially with big tech companies rushing to build their own AI research and development (R&D) divisions dedicated to it. Over the months, we have seen a number of chatbots appear such as Microsoft's Bing AI and Google Bard, and likely more are in the works.But interestingly, the AI appreciation ...
Dukaan’s Suumit Shah sacks 90% staff, replaces them with AI chatbot; sparks fury on Twitter
Technology

Dukaan’s Suumit Shah sacks 90% staff, replaces them with AI chatbot; sparks fury on Twitter

[ad_1] Artificial intelligence (AI) has been one of the biggest buzzwords of the year and while developments in the field have made everyday tasks easier, the potential risk to jobs has seemingly increased. As per McKinsey's June 2023 report, AI is expected to automate 60 to 70 percent of employee workloads, and companies are already scrambling to jump on the AI bandwagon. Suumit Shah, the founder of the e-commerce platform Dukaan recently revealed on Twitter that the platform replaced 90 percent of the support staff jobs, and this revelation sparked fury on Twitter.AI replaces workersIn a Twitter post, Shah revealed that his company laid off 90 percent of its support staff, and replaced them with Dukaan's own AI assistant called Lina, a move that reduced customer support costs by almos...