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WHAT'S NEXT?: There will be an increased demand for software and services that deliver intelligence, personalization, and specialization. Artificial intelligence could become a $15+ bn opportunity by 2025. Combining human and machine cognition for engagement decisions could yield the precision and reliability of automation without sacrificing the robustness and flexibility that humans bring. The first effect of machine intelligence will be to lower the cost of goods and services that rely on prediction.

  • [New] Rapid advancements in artificial intelligence have ushered in a new era of technological disruption, with deepfakes emerging as a particularly concerning challenge for India's information integrity and public discourse. NDTV
  • [New] As we embrace the opportunities presented by AI in 2024 and beyond, one thing is clear: the future of business is increasingly intertwined with the transformative capabilities of artificial intelligence. UMENIT SOLUTIONS LLP
  • [New] Healthpilot's AI in healthcare platform offers personalized recommendations for Medicare Advantage plans based on users' unique healthcare profiles, including personal health data, physician choices, and prescription needs, simplifying the AI-driven enrolment solutions and improving plan matching. DistilINFO Healthplan
  • [New] Following Humana's minority investment, Healthpilot will remain payor-agnostic, providing consumer-specific recommendations for Medicare Advantage plans for boosting AI-driven enrolment solutions in the right health plan for their specific healthcare profile. DistilINFO Healthplan
  • [New] Chinese Premier Li Qiang this month called for more inclusive development of AI, urging countries to bridge an intelligence gap and to work together to foster a fair and open environment so that more countries could benefit from the emerging technology. Yahoo Finance
  • [New] Global energy demand from data centers could double by 2026, as generative AI spreads widely (a ChatGPT query uses some 10 times more electricity than a Google search). UNDP
  • [New] IT company Wipro is continuously making efforts towards maximising AI's potential and placing a human-centric approach at the forefront of AI development. Daily Pioneer
  • [New] By prioritizing user experience, fostering collaboration, and ensuring responsible development, Samsung aims to unlock the true potential of AI and potentially create a better future for users worldwide. Editorji
  • [New] Alphabet's Google will infuse artificial intelligence into the US broadcast of the Paris Olympics, allowing sports commentators to use AI to explain competitions. Blue Tech Wave Media
  • [New] Critical emerging technologies in 2024 include generative AI, quantum computing, and climate tech, each requiring unique capabilities to realize their potential. Bain
  • [New] Imagine a world where AI not only automates repetitive tasks but also makes life-changing decisions, from managing financial portfolios to diagnosing ailments and more. Appinventiv
  • [New] Recent analysis from Goldman Sachs raises questions about the prospects that generative AI will produce large enough financial returns to justify the $1 trillion that may be invested in the technology over the next few years. Quad
  • [New] With the rise of artificial intelligence and increased EV adoption, electricity demand in the US is predicted to grow about 20% by 2030, and electric utilities are doubling their forecasts for the amount of additional power required to be produced by 2028. EnergyTech
  • [New] Power demands for AI and data centers are projected to increase by 10% in the next five years, creating challenges for power generation and supply. Extreme Tech Challenge
  • [New] The United States and China, currently leading the field of artificial intelligence, have long recognized the potential dangers posed by AI. The Diplomat
  • [New] Threat actors, such as the Russian-linked CopyCop and Doppelganger networks, are using AI to create fake news articles and websites promoting election-related IO narratives. Security Boulevard
  • [New] In 2024, the integration of technology will be a priority, with many customers preferring businesses that utilize AI or automation to enhance their experience. Indian Retailer
  • [New] As AI research becomes increasingly closed and proprietary, India has a unique opportunity to become a global champion of open innovation in AI research and development. Mint
  • [New] Singapore plans to use AI to boost productivity and drive innovation across various sectors, including healthcare, finance, and logistics. Financial Horse
  • Ukraine currently has semi-autonomous attack drones and counter-drone weapons endowed with AI and the combination of low-cost weapons and artificial intelligence tools is worrying many experts who say low-cost drones will enable their proliferation. The Independent

Last updated: 23 July 2024



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