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Generative AI could boost bank revenues by 6 pc in next three years: Accenture

by AIP Online Bureau | May 1, 2024 | Data, Eco/Invest/Demography, Technology

The report also delved into the transformational effect of generative AI on different banking roles. It categorized these roles into three main groups. Approximately 41 per cent of banking occupations, primarily involving data collection and processing, have a high...
WHO unveils digital health promoter harnessing generative AI for public health

WHO unveils digital health promoter harnessing generative AI for public health

by AIP Online Bureau | Apr 4, 2024 | Eco/Invest/Demography, Health, International News, Policy, Technology

Dr Tedros Adhanom Ghebreyesus,Director-General, WHO S.A.R.A.H., also known as Sarah, has the ability to support people in developing better understanding of risk factors for some of the leading causes of death in the world, including cancer, heart disease, lung...
Generative AI is reshaping the cyber threat landscape:  Lloyd’s report

Generative AI is reshaping the cyber threat landscape: Lloyd’s report

by AIP Online Bureau | Mar 12, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The impact of GenAI on the cyber landscape is likely to increase the frequency, severity, and diversity of smaller scale cyber attacks, which will grow over the next 12-24 months, followed by a plateauing as security and defensive technologies catch up to...
HDI Global adopts generative AI with proprietary GPT system

HDI Global adopts generative AI with proprietary GPT system

by AIP Online Bureau | Jan 30, 2024 | International News, Non-Life, Reinsurance, Technology

“With HDI-GPT we are for the first time looking to generative AI for the transformation of core insurance processes and for workflow optimisation,” Dr Thomas Kuhnt, Chief Operating Officer at HDI Global SE Hannover: Creating added value through artificial...

Generative AI can add cumulative USD 1.2-1.5 trillion to India’s GDP by FY30: EY

by AIP Online Bureau | Dec 18, 2023 | Data, Eco/Invest/Demography, Risk Management, Technology

The two primary challenges faced by organisations currently are skills-gap (52 per cent) and the availability of unclear use cases (47 per cent), while only 36 per cent organisations see data privacy as the risk of Gen AI Generative artificial intelligence (Gen AI)...
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