5 things about AI you may have missed today: AI predicts staff exits, tough AI chip export rules and more

tech.hindustantimes.com:

AI can now predict the employability period of worker; Global AI Chipset Market to Exceed $700B by 2031; Thoughtworks unveils generative AI product accelerator; Google Ads introduces AI-powered auto-generated advertisement tool- this and more in our daily AI roundup. Let us take a look.

AI can predict when an employee will quit and thereby help with workforce planning. According to a Stuff report, It analyses HR data like salaries, reviews, and demographics, but now, it can seemingly predict staff exits too. This can aid managers in retaining staff by taking necessary action or discussing career goals. However, not small companies, it can benefit organisations with over 250 employees by providing valuable insights to create retention strategies.

The global AI chipset market is set to exceed US$700 billion by 2031, growing at a robust CAGR of 31.8% from 2022. The surge is driven by rising demand for AI chips in consumer electronics like smartphones, tablets, and wearables. Leading companies focus on low-power AI devices, capable of processing up to 5 trillion tasks per second, while ASIC and GPU chips are preferred for AI applications.

Global technology consultancy Thoughtworks has introduced product accelerators to aid organisations in identifying opportunities and projects for applying generative AI, according to a Businesswire report. The integration of generative AI into products and businesses can provide a competitive edge, as exemplified by a leading technology company enhancing customer experience through virtual advisors and educational tools. The Generative AI Product Accelerator empowers leaders to make informed decisions on incorporating generative AI into their applications.

Google Ads launches an auto-generated