by AIP Online Bureau | Feb 20, 2024 | Indian News, Risk Management, Technology
‘We will fully exploit the potential of AI but set up the guardrails as well to prevent misuse. We are today seen by the world at the forefront to harness AI technology. We are all for deploying AI across use cases, from farm to factories and we want to use AI...
by AIP Online Bureau | Feb 16, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology, Workplace/Employee Benefits
”Without the use of governance tools, AI can expose companies to data privacy issues, legal complications, and ethical dilemmas – cases of which we have already seen plaguing many across the world,” Sandip Patel, Managing Director, IBM India and South...
by AIP Online Bureau | Feb 12, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Regulation, Technology
”With the adoption of AI and GenAI, laws are to be redefined. Industry needs to note that Digital Personal Data Protection (DPDP) Act rules are going to come soon, and banks may be in violation of some of it so it’s important to start preparing for...
by AIP Online Bureau | Jan 20, 2024 | Eco/Invest/Demography, Features, Policy, Regulation, Risk Management, Technology, Workplace/Employee Benefits
The IMF said AI would affect nearly 40 percent of jobs around the world, and some 60 percent in the advanced world — replacing some jobs while complementing others Walking around in Davos where the global elites gathered for the World Economic Forum this week,...
by AIP Online Bureau | Jan 17, 2024 | Briefs, Non-Life, Technology
ACKO has announced the appointment of Dr Mallesh Bommanahal as a chief data scientist. An expert in the world of artificial intelligence, Mallesh has 16 years exposure in the insurance and healthcare industries. He is also the founder of i3systems.ai, widely known for...
