In a statement Monday, a group of influential AI scientists raised concerns that the technology they helped build could cause serious harm. They warned that AI technology could, within a matter of years, overtake the capabilities of its makers and that “loss of human control or malicious use of these AI systems could lead to catastrophic outcomes for all of humanity.”
AI pioneers call for protections against 'catastrophic risks'
Rate cuts in Europe keep Indian IT sector's hopes up
While industry analysts foresee this as a tailwind along with the ongoing digital adoption by enterprises, they said the impact on the industry may be felt only by the fourth quarter of this fiscal ending March 2025.
Upskilling is how you make AI work for you
Certain repetitive tech jobs are already seeing a decline in demand due to GenAI. Both firms and individuals are under pressure as upskilling cycles are set to get faster and shorter.
Infosys, Wipro to start fintech hubs in GIFT City’s IFSC under Techfin framework
Both companies have taken large office spaces within the International Financial Services Centre (IFSC) to set up their operations under the TechFin framework, through which they will focus on services aligned with financial technology catering to their global clients.
MeitY unveils second cohort of Samridh scheme for startups
To promote growth of India’s software product industry as part of the 100-day agenda, the Government of India is providing support to 125 startups through potential accelerators to achieve the target of nurturing 300 startups. The startups in turn get a chance to improve their products and attract funding to expand their businesses.