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Women Leaders in AI – 2020

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The excitement of using Artificial Intelligence has not dwindled from the time it has been unfolded. In KPMG study on “living in the AI world 2020: achievements and challenges of AI across 5 industries (retail, financial service, healthcare, transportation, and technology), revealed that 92% of respondents agreed that leveraging the spectrum of AI technologies will make their companies run more efficiently. Amidst the admiration towards AI, IBM created the Women Leaders in AI program in 2019. This was a way to acknowledge the women leading in AI and encourage females to lend a hand in the field of AI. Through this IBM, planned to make the efforts of the honourees more visible to the world. 2020 IBM women leaders were honoured for outstanding leadership in the AI space. Here is the list of ...

Can AI make us more HUMAN?

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If a robot dies, would it make you sad? For lots of people, the answer could be “yes”. A recent relevant example is that of an AI-powered available robot called Nao. When under an environment of controlled experimentation 89 people were asked to turn it off, most of them refused to do so because Nao pleaded to stay on. In another case, an American marketing executive had been used to sharing her home office with Jibo. For most of the time, she found it dumb and annoying. However, when soon after Jibo’s makers announced its death sentence, the same executive felt sorry for him. These and many other similar references tell us something really important about our emotional response to machines. AI is supposed to be driven by objective criterion through which an agent’s behavior is measured. T...

Transformational Opportunity with AI in Indian Retail – COVID and beyond

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The retail industry in India has emerged as one of the most fast-paced and dynamic sectors, due to several new entrants. As one of the top five retail markets in the world, expected to reach USD 1.4 trillion by 2024, India as a retail market is unique in its own ways, heavily dominated by the unorganized retail sector when compared to organized retail and e-commerce, leading to distinctive challenges. The sector however foresees rapid digitization across the value chain, which will lead to 3X growth in organized retail and e-Commerce by 2024, increasing the share in the near future, generating massive amount of customer and purchase data. The COVID-19 pandemic brings unprecedented times for the world, affecting the economy, with slowdown expected in most sectors, including the flourishing ...

Impact of AI and Digital #Tech on businesses: Key Takeaways from #TwitterChat

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AI is transforming businesses and organisations across various industries are harnessing the power of AI to automate mundane, time-intensive tasks to make data-driven decisions and improve operational efficiency. Bloggers Alliance hosted a Twitter Chat in association with NASSCOM Community via @BlogIndiaBlog on 31st May, 2020 and it witnessed huge success. The theme of the discussion was “Impact of AI and Digital #Tech on businesses” and the invited guests were Sidharth Balakrishna and Dr. Reema Aswani, AI Research Specialist NASSCOM Research. The session was moderated by Shruti Swaroop, Founder – EMBRACE. Here are my key takeaways from the Twitter Chat on “Impact of AI and Digital #Tech on businesses” Digital technologies provide enterprises with the right set of t...

AI Transforming The Future of Digital Marketing

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Most of you will agree with me on the fact that we are now increasingly using the term “AI” in our conversations, whether to discuss how it is revolutionizing various industries or to ponder on the possibility that it will take away many jobs in near future. AI is now a part of our lives whether in the form of discussions or being dependent on it even for the smallest of things! (thanks to google maps, now we don’t have to remember the ways). My point being, AI is making its way in various industries and in ways we would have never imagined. One such domain in which AI and ML are paving their way is Digital Marketing. Both Digital Marketing and AI are on the list of most in-demand skills of 2020. So when AI is being integrated with digital marketing, it becomes imperative to understand how...

End of Biometric attendance. Is Facial Recognition next?

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Given the highly contagious Covid-19 threat, the use of biometric machines has come under scanner Consider this: A steel plant has thousands of contract workers. The plant has now restarted after the pandemic. The bio-metric machine used at the security is now a risk. However, a reliable alternative is needed to check the impostors entering the plant in place of actual workers. Could facial recognition attendance system be an alternative to bio-metrics ? Face recognition As facial recognition technology adoption by mobile companies demonstrates, facial recognition is emerging as a hands-free way to gain access. However, facial recognition algorithms must still overcome some significant challenges to become mainstream. Challenges for Adaption of Facial Recognition Costs Advanced technology ...

The top 10 characteristics needed by leaders to adapt to changing technology- AI and YOU

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There may be various reasons for resistance to AI within your organization. This resistance leads to slower adoption, reluctance to fully uncover the true potential of the human-machine collaboration or even no adoption of technology at all.   Leaders must ensure they have compelling, meaningful answers to burning questions, strategize and plan well in advance and also begin by first developing characteristics that will aid in their own ability to adopt AI at the leadership level.   The top 10 characteristics defining your ability to adopt AI are: Adaptability– The ability of the organization to keep pace with new developments in AI must be kept at a close watch. Applicability- Successful AI innovation depends on how well it is applied to a given business context. Data Mana...

Competing in the Age of AI

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How machine intelligence is changing the rules of business and what should companies do to stay on top?  Artificial intelligence (AI) is a branch of computer science that makes it possible for machines to learn from experience, adjust to new inputs and perform human-like tasks. According to IDC, Companies are forecast to spend $98 billion on AI, globally in 2023. This stems from the fact that more and more businesses continue to invest in projects that utilise the capabilities of AI software and platforms. For example, most companies have turned to chatbots or automated customer service agents for their customer services. In the current scenario, the world is grappling with a global pandemic, the COVID-19. This has forced most of the countries into lockdown and changed the way businesses f...

Watch Where You’re Going? – AI and the Media Industry

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It’s the crisis period. A worldwide lockdown was thrust upon you. While you’re already used to sitting on that couch occasionally to ‘Netflix and chill’ after a tiring workweek, this time you don’t have other alternatives for entertainment beyond that couch. You’re browsing through the content across all OTT platforms and eventually end up binge-watching innumerable shows. All of these suited to your taste, almost tailor-made for you. In the end, you’re possibly a satisfied consumer of the content. Better still if you belong to the other end, the one involved in serving this content. Understanding consumer behaviour is imperative when providing tailor-made solutions to users and AI plays a major role in generating favourable outcomes. Machine learning algorithms are fed with data segmentat...

The Rise of Cognitive QA in the IT Industry

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Artificial Intelligence (AI) and Machine Learning (ML) are transforming different aspects of our life. Organizations across various industries are harnessing the power of AI to automate mundane, labor and time-intensive tasks, reduce costs, and make informed decisions. AI has entered our homes to tell us which channels to watch on TV and which movies to go for next; home security systems, personal digital assistants are getting upgraded as we speak, to cater to our every need. The area of software development is no different. By applying problem-solving and logical reasoning algorithms, AI can be used to automate repetitive and time-consuming tasks in development and testing. Experts are trying to bridge the gap between human and machine-learning-driven testing capabilities. Evolution of t...