MACHINES VERSUS MACHINES
Elon Musk asked people to upload their health data, X users obliged
The decision to share information as sensitive as your colonoscopy results with an AI chatbot has alarmed some medical privacy experts.
Digital payment's rise leads to shutting of ATMs
Indian banks are shutting down more ATMs despite record-high cash circulation. This trend is attributed to the rise of digital transactions and UPI payments. While cash remains significant, ATM numbers have declined, particularly off-site machines. Industry experts point to bank consolidation and the push for digitalization as key drivers.
Majority of big enterprises plan to enhance spending on AI, machine learning by 10-30% this year
A survey by CIO&Leader showed that major Indian businesses with turnovers over Rs 5,000 crore intend to boost their AI and ML investments by 10-30% in 2024. The survey found 78% aim to enhance customer experience. These technologies are viewed as essential for gaining competitive advantage and improving operational efficiency.
ET roundable in Davos: Human intelligence is needed to keep the AI machine humming
At an ET roundtable in Davos, Sruthijith KK engaged with PwC global chairman Robert Moritz, RPG Group vice chairman Anant Goenka and Apollo Hospitals vice chairperson Preetha Reddy on a range of subjects¡ªfrom how CEOs view business disruption to India¡¯s economic outlook and healthcare trends. Edited excerpts:
Genuine deepfakes versus benign ones
Consumers can be made to critically evaluate the content they consume, but may not be able to keep pace with technological sophistication. No approach will work in isolation. The law needs technology and reporting.
Online job portals versus networking: Which is more effective for early career professionals?
Online job portals and professional networks are popular channels for job seekers. Job portals offer access to numerous job opportunities, resources, and connections. They serve as networking hubs, connecting job seekers with employers. Networking and referrals are considered fast ways to get hired, as they prevent resumes from getting lost and build confidence with hiring managers. Job portals leverage artificial intelligence and machine learning to analyze job postings, identify scams, and match candidates with suitable opportunities.
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Walmart bets on inventory software ahead of tough holiday shopping season
The merchandise mix Walmart will carry rests not purely on retail executives' judgment but rather on software it developed around 2019. Its machine-learning algorithm relies on weather patterns and each store's past sales data to predict inventory needs of its more than 4,700 U.S. locations, a Walmart tech executive told Reuters.
Tech-based mental health interventions offer hope for India's under-served population
Experts believe technology-based interventions can address the significant gap between the need for mental health services and the low availability of trained professionals.
Man vs machine: Whom will the paintings belong to once AI replace artists?
Using artificial intelligence to create artwork is a growing trend in the art world.
AI can see through you: CEOs' language under machine microscope
CEOs and other managers are increasingly under the microscope as some investors use artificial intelligence to learn and analyse their language patterns and tone, opening up a new frontier of opportunities to slip up.
Apple versus Epic Games: The courtroom battle is only half the fight
Epic's suit has ramped up pressure on Apple in the court of public opinion.
In Apple versus Epic Games, courtroom battle is only half the fight
Epic alleges Apple has such a strong lock on those customers that the app store constitutes a distinct market for software developers over which the iPhone maker has monopoly power.
Robots on Wall Street wrestle with confusing world of Reddit
After the retail stock frenzy last month caused unprecedented havoc, hedge funds trawling the platform with algorithms have a renewed sense of purpose in their mission to figure out the next market craze.
Our offline business has already doubled versus pre-Diwali period: Manu Jain, MD at Xiaomi India
"Last year was the best year for us. And this year, we have seen 15-20% growth over last year during Diwali sales. There was a huge surge in online sales across platforms. Slowly and gradually offline is also picking up," said Manu Jain.
US versus India poll debate: Two nations, two evolved systems
Yes, India has a robust electoral system, a dedicated and well-trained machinery, an effective institution and elaborate statutory provisions, and we declare our results quickly because of the mandatory use of EVMs. But democracy means more than the sum total of all these.
Bush versus Gore in 2000: The five weeks of high drama that give President Trump precedent
If Trump goes to the Supreme Court to dispute the election count, it could turn out to be only the second time in history that the court has decided the winner. In 2000, George W. Bush only beat Democrat Al Gore after five weeks of legal battles over recounts and "hanging chad" votes.
SIS will continue to deliver over 20% return on equity: Rituraj Sinha
On an average, SIS has added 1,800 new jobs each month between April and October 2019. That gives us a run rate of over 20,000-25,000 new hires for the full year. I do not see any material reason for the trend witnessed in the first nine months to change. A very recession resistant demand is demonstrated q-o-q.
C-Suite discussion can help limit data hoarding: Diana Kelley, cybersecurity field CTO, Microsoft
"Very often by talking through what the impact (of data hoarding) can be, (and) by having very open conversations with business executives. The technical team for the most part understands this. It is now about having a conversation with the C-Suite and the boards, as they look at the overall business risk, because that is the job of the board."
Jack Ma¡¯s $290 billion loan machine is changing Chinese banking
For China whose last quarter growth was lowest since 1992, the implications of Ma's new business could be profound.
Short-form videos are becoming an important platform to achieve marketing goals: Justin Halim, Bain & Company
In an e-mail interview Halim, who worked at Facebook, LinkedIn and other firms before joining Bain & Company, discusses new trends in digital marketing and more.
Auto, groceries skid under NDA, white goods shine
Demand for FMCG & discretionary goods took a hit due to DeMo and GST but large electronics grew faster.
How Arvind Ltd is betting on newer businesses to move up the value chain
Technical textiles are now Arvind's bigger bets, along with water and wastewater treatment
This market has turned into a voting machine; so listen to Benjamin Graham
Market returns typically track corporate earnings growth or nominal GDP growth in the long term.
VR for health, gadget-vending machines at work: Tech that will affect you in 2019
Spending on AR and VR products and services is forecasted to reach $27 billion this year.
95% engineers in India unfit for software development jobs: Report
The study further noted that while more than 60% candidates cannot even write code that compiles, only 1.4% can write functionally correct and efficient code.
Ultimately it's going to be man with machines: Satya Nadella, CEO, Microsoft
Nadella showcased improvements to Cortana and announced previews of new cloud services and toolkits designed to create intelligent bots.
2019 general elections to have paper-trail electronic voting machines: Nasim Zaidi, CEC
For e-postal ballot, Zaidi said a 'safe technology' has been developed and it is being 'validated and tested currently....'
Axis Bank eyes 50,000 NFC-powered point of sales machines by 2015-end
Jairam Sridharan said the bank has already installed the technology in 100 machines and will be scaling it up to 20,000 in the next two months.
Wipro plans to enhance its AI engine Holmes, invest in human-machine interface: KR Sanjiv, Tech Chief
The efforts are aimed at building new-age technology solutions for large customers such as Citigroup that are undergoing massive technology transformations.
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