Artificial intelligence is rapidly transforming our world, moving beyond back-end processes and becoming an important topic in everyday conversations. At the fourth edition of Times of India-Gadgets Now Awards 2023, a panel discussion titled “AI-powered gadgets: Revolutionizing Enterprise Efficiency and Productivity” explored the profound impact of AI.
Moderated by Times Internet Business Head Prasad Sanyal, the panel included Vinay Kumar, Director of AI at Microsoft, and Devesh Mohan, Director of Sales at GSI Canonical.
AI in everyday life
Kumar highlighted the growing adoption of AI by consumers, with AI assistants becoming commonplace. “AI will simplify our lives in many ways,” he said, citing examples such as ChatGPT and Google Gemini, which can help us with tasks such as planning vacations and taking notes in meetings. .
Address concerns
Sanyal raised crucial concerns regarding the impact of AI on user privacy and data security. He stressed the need for strong regulations to protect user data. Mohan echoed these concerns, emphasizing the importance of accountability for companies using AI.
Removal and creation of jobs
Addressing the common fear of job displacement due to AI, Kumar argued that while some jobs might be eliminated, many new roles would emerge. Mohan drew parallels to initial concerns about the rise of the Internet, stating that “AI will not crawl; its impact will be rapid.”
The future of AI
Looking ahead to 2047, Kumar envisions AI as a powerful assistant, augmenting human capabilities while keeping human action at the core. He highlighted the transformative potential of AI in sectors like education and healthcare.
Mohan acknowledged the difficulty of predicting the long-term impact of AI, but highlighted its potential to revolutionize education and skills development. He highlighted AI’s ability to personalize learning experiences and combat learner poverty.
The panel concluded that while the potential benefits of AI are immense, responsible development and regulation are essential to ensure that AI is used for the good of humanity.
