The subsidiary called ‘PB Pay Private Limited’ would carry on the...
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Meta to operationalise Elections Centre; to curb misinformation, misuse of AI-made content
The social media giant said the India-specific Elections Operations...
French competition watchdog hits Google with 250 mln euro fine
The watchdog said Google's AI-powered chatbot Bard - since...
Young Consumers Willing to Let Insurers Spy on Digital Data – If It Cuts Premiums
The report also says that insurance providers could do a lot more to improve their existing processes (from start to finish) to make them more efficient and customer centric. Nearly half (46%) of consumers believe that applying for an insurance policy should take no longer than an hour, and 56% said renewing an insurance policy should not take no more than an hour either.
MHP, KUKA and Munich Re develop SmartFactory as a Servisolutions for future of manufacturing
SmartFactory as a Service will shorten new products’ time to market by up to 30 per cent thus significantly improving one of the most decisive competitive factors for manufacturers. Teamwork in the partnership and the combination of complementary expertise is essential in achieving this.
World’s most powerful supercomputer unveiled
The Computer can complete over 200,000 trillion calculations per second – providing unprecedented computing power for research in energy, advanced materials and artificial intelligence (AI).
Centre saved Rs 90,000 crore through digital transfer: Amitabh Kant
There are more than 1,200 FinTech companies operating in India,” he said, adding that the sector saw USD 3 billion investment in 2017 with number of deals jumping from 26 in 2014 to more than 200 in 2017
Tech Push for Micro Insurance
A perfect mix of technologies like Blockchain, Artificial Intelligence and Internet of Things is changing the outlook for Microinsurancein India
AI matching human intelligence still decades away: CA research scientists
Many leading commentators have mentioned from time to time that human intelligence in machines is less than a decade away. Scientists now realise that making machines is easy, but bringing in the whole gamut of ethics, human rights and social construct would be difficult to imbed.
India to be shared mobility leader by 2030: Report
As per World Bank data, 850 million of Indian are below the age of 35 and since young people are usually quicker to adopt new trends and are less likely to own a car, implying a likelihood of adopting new mobility options.
Digital agility is key for insurers as BigTechs ponder entering the market:World Insurance Report
Almost 30 percent of customers globally are willing to buy insurance products from BigTech companies such as Amazon and Google, spurring a greater need for traditional providers to develop future-ready operating models to satisfy evolving customer preferences
Over 50% employees are ready to accept, embrace robot co-workers: Survey
“Far from workers worrying about their jobs being taken by robots, our study shows that employees are actually very happy to work alongside machines. With all the advantages of robots not getting involved in office politics too, we can expect to see more of this in the future!” Terri Hiskey, Vice President (product marketing, manufacturing) at Epicor Software Corporation, US-based global enterprise software provider, said in a statement on Tuesday.
Robots not a threat to human labour: Microsoft chief Satya Nadella
If robots do replace humans, he says mechanisms such as universal basic income may be needed, drawing comparisons with the labour movement, but that humans will always need jobs.