5 things about AI you may have missed today: RBI dy governor flags AI risks, copyright challenges sparked by AI boom

tech.hindustantimes.com:

RBI Deputy Governor flags AI risks in finance sector; AI reshapes sales: Professionals save over 2 hours daily, focus on human connections; Canadian health care workers embrace AI amid staffing crisis; Samsung's AI-powered fridge generates recipes- this and more in our daily roundup. Let us take a look.

RBI Deputy Governor M Rajeshwar Rao expressed concerns about AI deployment in financial institutions, citing risks of data bias, governance challenges, and transparency issues. Speaking at a conference, he highlighted design-specific problems like biases and robustness, alongside traditional concerns such as data privacy and cybersecurity. According to a Business Standard report, Rao emphasised that AI inherits biases from training data, urging caution in deploying it. He also outlined governance challenges, anticipating the need for a reevaluation of frameworks for consumer protection and data privacy.

AI is revolutionising sales professionals' daily routines, saving them over two hours and 15 minutes each day, according to a 2023 HubSpot study. The survey of 648 sales professionals and 303 business leaders in the US revealed AI's impact on automating tasks like scheduling meetings, note-taking, and data entry. Sales teams reported substantial time savings in onboarding and coaching, allowing them to prioritise human-centric aspects of their job, such as connecting with customers and closing deals. Additionally, 31 percent of respondents utilised generative AI tools for creating sales content and outreach messages, Business Insider reported.

Canadian health care workers, facing a staffing crisis, turn to AI for support. St. Michael's Hospital in Toronto employs CHARTWatch, an AI early-warning system, alerting Dr. Yuna Lee