5 things you might have overlooked today about AI: RBI Governor warns of AI dangers, discussion on AI ethics, and more.
RBI Governor Shaktikanta Das emphasizes the importance of financial vigilance in the face of AI cyber threats, while a panel delves into the ethics of AI. Additionally, an AI system shows promise in aiding the synthesis of future Alzheimer’s drugs, and an AI-powered offline phone is revolutionizing access for the visually impaired. Stay informed with our daily roundup.
1. RBI Governor calls for financial vigilance amid AI cyber threats
RBI Governor Shaktikanta Das warns about AI’s impact on financial cyber security at RBI’s ombudsman conference. He urges institutions to secure customer data in the midst of technological development. Das emphasizes the role of data analytics in improving service and calls for preventive measures against fraud. He emphasizes the critical importance of cyber security and calls for speedy remediation of the vulnerability to maintain consumer confidence, PTI reported.
2. The panel examines the ethics of artificial intelligence: Creator or destroyer?
A panel discussion on the ethics of artificial intelligence was held at the Government Law College, Mumbai, and participants asked whether it is a creator or a destroyer. The panel included former Union minister Milind Deora, University of Mumbai’s Prasad Karande and Google Cloud’s Anantharaman Balakrishnan and was chaired by senior advocate Haresh Jagtiani. They delved into the legal and ethical complexities of artificial intelligence and addressed privacy threats and misinformation. Balakrishnan defended Google’s Gemini AI, while acknowledging its flaws and emphasizing the company’s cooperation with authorities to ensure compliance with the law, the Free Press Journal reported.
3. AI system can help Alzheimer’s drug synthesis in the future
A new artificial intelligence tool combined with glowing biosensors may help in the future synthesis of the common Alzheimer’s drug galantamine. Researchers at the University of Texas at Austin developed this artificial intelligence system to avoid the expensive and unreliable mining of daffodils. By harnessing microbes, specifically genetically modified bacteria, they aim to efficiently produce the chemical precursor galantamine at scale, according to a report published by PTI via Moneycintrol.
4. An offline phone powered by artificial intelligence will revolutionize access for the visually impaired
Kehinde Olutubosun, a visually impaired Nigerian, lacked access to a smartphone until an offline phone powered by artificial intelligence changed his world. Launched by Viamo in Nigeria, it contacts local networks via SMS or voice, making AI available even in remote areas without internet. This low-cost and voice-activated innovation is empowering financially constrained individuals and expanding to help communities worldwide with support from UNICEF, Reuters reports.
5. Indians Prefer AI Predictions Over Coworkers For Career Guidance: Survey
According to the survey, 70 percent of Indians trust AI chatbots with their coworkers. They would take the AI’s advice on their ideal career and prioritize happiness and success. Bosch’s Tech Compass Survey highlights the growing influence of artificial intelligence worldwide. Conducted in seven countries, including India, the study examines attitudes towards new technologies. The results, based on 2,163 online respondents between the ages of 18 and 59, represent diverse demographics, The New Indian Express reported.
