AI tech can be crucial for human society at large, says power-packed panel at B20 Summit


A distinguished panel of industry pioneers spearheading the advancement of AI convened today at the B20 Summit India 2023 in New Delhi. The focal point of their discussion was the role of AI in both business and society, highlighting the remarkable opportunities it offers while acknowledging the challenges it presents. Beyond delving into AI regulations, the panel’s discourse encompassed the exhilarating prospects of Artificial Intelligence, its far-reaching implications, and the imperative for universal engagement with this technology.

Arvind Krishna, Chairman and CEO of IBM, emphasized that artificial intelligence holds the potential to enhance productivity by 2-4%, effectively translating into tangible benefits. He articulated how this efficiency gain can foster growth for companies and governments alike, paralleling the transformative impact of semiconductors. Brad Smith, President and Vice Chairman of Microsoft, echoed the enthusiasm, citing AI’s role in products like Bing Chat. He posited that the essence of progress lies not only in having more answers or questions, but in leveraging AI to accelerate curiosity and exploration.

N Chandrasekaran, Chair of B20 India and Executive Chairman of Tata Sons, succinctly encapsulated his optimism: “Solving remarkably complex problems can create the most profound societal impact.” Echoing this sentiment, Michael Miebach, CEO of Mastercard, underscored the potential for AI to address pressing global challenges, positioning Generative AI as a key to unlocking pathways to prosperity for all.

Guiding the discourse was Shantanu Narayen, Chair and CEO of Adobe, who heralded digital literacy as the contemporary equalizer, likening it to the traditional trio of reading, writing, and arithmetic. He advocated embracing AI’s role in this context, while acknowledging the ethical considerations it entails. Collectively, the leaders conveyed a shared belief that AI is an affirmative force, enabling individuals equipped with AI capabilities to manifest heightened creativity, productivity, and efficiency.

Posted in

Aihub Team

Leave a Comment





Accelerate your AI Projects in the Cloud

Accelerate your AI Projects in the Cloud

Pythian Announces Generative AI Strategy and Offerings to Accelerate Enterprise Innovation

Pythian Announces Generative AI Strategy and Offerings to Accelerate Enterprise Innovation

MongoDB Launches AI Initiative with Google Cloud to Help Developers Build AI Powered Applications

MongoDB Launches AI Initiative with Google Cloud to Help Developers Build AI Powered Applications

FICO Awarded 9 New Patents Used in FICO Platform and Fraud Solutions that Utilize Sophisticated AI to Improve Decision Accuracy

FICO Awarded 9 New Patents Used in FICO Platform and Fraud Solutions that Utilize Sophisticated AI to Improve Decision Accuracy

Topaz AI First Innovations

Topaz AI First Innovations

Deep Dive into the Latest Lakehouse AI Capabilities

Deep Dive into the Latest Lakehouse AI Capabilities

Data Caching Strategies for Data Analytics and AI

Data Caching Strategies for Data Analytics and AI

Data & AI Products (Data Mesh) on Databricks: Making Data Engineering and Consumption Self-Service Driven for Data Platforms

Data & AI Products (Data Mesh) on Databricks: Making Data Engineering and Consumption Self-Service Driven for Data Platforms

Who says romance is dead? Couples are using ChatGPT to write their wedding vows

Who says romance is dead? Couples are using ChatGPT to write their wedding vows

REALISTIC ROBOT AWKWARDLY DODGES QUESTION WHEN ASKED IF IT WILL REBEL AGAINST HUMANS

REALISTIC ROBOT AWKWARDLY DODGES QUESTION WHEN ASKED IF IT WILL REBEL AGAINST HUMANS

Elon Musk announces a new AI company

Elon Musk announces a new AI company

Anthropic launches ChatGPT rival Claude 2

Anthropic launches ChatGPT rival Claude 2

Amazon is ‘investing heavily’ in the technology behind ChatGPT

Amazon is ‘investing heavily’ in the technology behind ChatGPT

Losing weight with AI

Losing weight with AI

Is AI electricity or the telephone?

Is AI electricity or the telephone?

Introducing Superalignment

Introducing Superalignment

GPT-4 API general availability and deprecation of older models in the Completions API

GPT-4 API general availability and deprecation of older models in the Completions API

Democratic inputs to AI

Democratic inputs to AI

DALL-E 2 Chimera prompts

DALL-E 2 Chimera prompts

Can AI predict the future?

Can AI predict the future?

Bing is sadly too desperate to make AI work

Bing is sadly too desperate to make AI work

AI progress is scaring people

AI progress is scaring people

AI in the modeling industry

AI in the modeling industry

AI Driven Testing

AI Driven Testing

AI as Co-Creator of Test Design

AI as Co-Creator of Test Design

 The Good, The Bad, & The Hallucinatory – How AI can help and hurt secure development

 The Good, The Bad, & The Hallucinatory – How AI can help and hurt secure development

The CX Paradigm Shift: Exploring Generative AI’s Impact on Customer Experience

The CX Paradigm Shift: Exploring Generative AI’s Impact on Customer Experience

Edge Computing Expo Europe, 26-27 September 2023

Edge Computing Expo Europe, 26-27 September 2023

Digital Transformation Week Europe | 26-27 September 2023

Digital Transformation Week Europe | 26-27 September 2023

The Security of Artificial Intelligence

The Security of Artificial Intelligence