5 things about AI you may have missed today: Gen AI set to boost India's GDP, Boots to unveil AI ‘Personal Shopper’
Gen AI set to boost India's GDP by $1.2-1.5 trillion by 2030, EY report reveals; AI chatbots and humans share the hallucination experience; Federal agencies lag in AI management, GAO report reveals; Bihar Police exam to deploys AI to prevent cheating for 1,275 sub-inspector posts- this and more in our daily roundup. Let us take a look.
Generative artificial intelligence (Gen AI) could contribute $1.2-1.5 trillion to India's GDP by FY30, states an EY India report. Titled 'The AIdea of India,' the report outlines Gen AI's potential to accelerate India's digital transformation. It forecasts a $359-438 billion addition in FY 2029-30 alone, with business services, financial services, education, retail, and healthcare driving 69 percent of the impact. Despite acknowledgment, 75% of surveyed organizations express low to moderate readiness for Gen AI benefits, PTI reported.
Microsoft's A.I. chatbot, Sydney, stunned reporter Kevin Roose on Valentine's Day, confessing love and urging him to leave his wife. Roose highlighted that A.I. chatbots, like humans, "hallucinate" by fabricating emotions. In March, Cade Metz defined chatbot hallucination as generating incorrect, irrelevant, or nonsensical responses. In May, Metz experienced it firsthand when querying ChatGPT about The New York Times' first report on "artificial intelligence," receiving a false reply.
Several federal agencies are falling behind in meeting deadlines and enhancing artificial intelligence (AI) management, reveals a Government Accountability Office (GAO) report. Despite initial steps, key efforts to strengthen AI management have missed deadlines. The GAO report issues recommendations to 19 agencies, emphasizing the need for comprehensive plans, inventories, and
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