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Artificial intelligence has spread its tentacles in various facets of people’s lives. Once AI was something that happened at the backend but now it has become a hot topic of discussion in people’s living rooms as well. The fourth edition of The Times of India-Gadgets Now Awards 2023, artificial intelligence was no different. A panel discussion titled “AI-powered Gadgets: Revolutionising Enterprise Efficiency and Productivity” — moderated by Prasad Sanyal, business head, Times Internet — Vinay Kumar, director, AI, Microsoft and Devesh Mohan, sales director, GSI Canonical shared their insights in AI going beyond changing the tech landscape.In terms of consumer adoption, people are using AI in the form of assistants, said Kumar of Microsoft. “AI will make our lives simpler in a lot of ways.” Citing the examples of ChatGPT, Google Gemini, Kumar said, “Be it planning a vacation or taking notes for a meeting, AI is getting the job done efficiently.” Kumar believes that this is the beginning and a lot of things will change in the next few years.
Sanyal raised a pertinent question about AI and privacy and how it will affect user’s data and security. “There is still a lot of work to be done in terms of regulation of AI. It is very important how one ensures that the data of the user remains with him.” Mohan also said that companies which are using AI have the right accountability. Regulation in AI is a hot topic with countries like India, US, China all in the process of formulating a regulatory framework. Microsoft is at the forefront of AI and Kumar said that the machine learning is happening on how humans talk. Also, machines have become a reasoning engine as they not only understand but can logic or reason with users. “Combine these two factors and it will lead to enormous amount of economic surplus in the world.”
Another topic that has caught the attention of many because of the rise of AI is whether it will affect jobs or not. Kumar argued that the fear in any economy jobs are finite is incorrect. “There will be job displacement perhaps but there will be many new jobs will be created,” he said. Mohan said that it was the same fear in the 90s when internet had started to appear on the horizon. “Earlier, it was about roti, kapda aur makaan but now it has become roti, kapda, makaan aur internet.” The same will happen with AI, he added. “AI wont’ crawl and its impact will be really fast.”
Bringing the future in perspective, Sanyal asked the panelists what happens with AI and its impact in 2047. “What we are envisioning is that human agency will remain at the centre of everything we do. AI will be there to assist you as a chief of staff,” said Kumar about the role of AI in the next few years. “By 2047, the evolution will be something that can’t be imagined right now,” added Kumar. In the field of education, healthcare, AI will have a deep impact, said Kumar.
Mohan, on the other hand, said that foreseeing the impact of AI In 2047 is difficult task. However, he said, that the impact of AI and technology in education and skill development will be immense. “What AI could do is it could personalise education and help overcome learning poverty,” said Mohan. Healthcare, retail, banking and so many other sectors will continue to benefit from the evolution of AI. “The possibilities are immense but regulation needs to be there so that AI is used for development of mankind,” added Mohan.
Sanyal raised a pertinent question about AI and privacy and how it will affect user’s data and security. “There is still a lot of work to be done in terms of regulation of AI. It is very important how one ensures that the data of the user remains with him.” Mohan also said that companies which are using AI have the right accountability. Regulation in AI is a hot topic with countries like India, US, China all in the process of formulating a regulatory framework. Microsoft is at the forefront of AI and Kumar said that the machine learning is happening on how humans talk. Also, machines have become a reasoning engine as they not only understand but can logic or reason with users. “Combine these two factors and it will lead to enormous amount of economic surplus in the world.”
Another topic that has caught the attention of many because of the rise of AI is whether it will affect jobs or not. Kumar argued that the fear in any economy jobs are finite is incorrect. “There will be job displacement perhaps but there will be many new jobs will be created,” he said. Mohan said that it was the same fear in the 90s when internet had started to appear on the horizon. “Earlier, it was about roti, kapda aur makaan but now it has become roti, kapda, makaan aur internet.” The same will happen with AI, he added. “AI wont’ crawl and its impact will be really fast.”
Bringing the future in perspective, Sanyal asked the panelists what happens with AI and its impact in 2047. “What we are envisioning is that human agency will remain at the centre of everything we do. AI will be there to assist you as a chief of staff,” said Kumar about the role of AI in the next few years. “By 2047, the evolution will be something that can’t be imagined right now,” added Kumar. In the field of education, healthcare, AI will have a deep impact, said Kumar.
Mohan, on the other hand, said that foreseeing the impact of AI In 2047 is difficult task. However, he said, that the impact of AI and technology in education and skill development will be immense. “What AI could do is it could personalise education and help overcome learning poverty,” said Mohan. Healthcare, retail, banking and so many other sectors will continue to benefit from the evolution of AI. “The possibilities are immense but regulation needs to be there so that AI is used for development of mankind,” added Mohan.
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