Today’s AI developments: Gen AI to enhance India’s GDP, Boots to introduce AI ‘Personal Shopper’

An EY report reveals that Gen AI is expected to contribute $1.2-1.5 trillion to India’s GDP by 2030. Additionally, a study shows that AI chatbots and humans can share the experience of hallucinations. A GAO report highlights the lack of AI management in federal agencies. In an effort to prevent cheating, Bihar Police exam will utilize AI for 1,275 sub-inspector posts. These are just a few highlights from our daily roundup.

1. Gen AI to boost India’s GDP by $1.2-1.5 trillion by 2030, EC report reveals

Generative artificial intelligence (Gen AI) could contribute $1.2-1.5 trillion to India’s GDP by FY30, says an EY India report. The report, titled ‘India’s AIidea’, outlines the potential of Gen AI to accelerate India’s digital transformation. It predicts an increase of $359 billion to $438 billion in the 2029-30 fiscal year alone, with business services, financial services, education, retail and healthcare accounting for 69 percent of the impact. Despite the recognition, 75% of organizations surveyed express low to moderate readiness for the benefits of next-generation AI, PTI reported.

2. AI chatbots and humans share a hallucinatory experience

Microsoft’s A.I. The chatbot, Sydney, surprised journalist Kevin Roose on Valentine’s Day by confessing his love and urging him to leave his wife. Roose emphasized that A.I. chatbots, like humans, “hallucinate” by fabricating emotions. In March, Cade Metz defined chatbot hallucinations as causing false, meaningless, or nonsensical responses. In May, Metz experienced that firsthand when he asked ChatGPT about The New York Times’ first report on “artificial intelligence,” which got the wrong answer.

3. US federal agencies are lagging behind in managing AI, GAO report reveals

A number of federal agencies are lagging behind in meeting deadlines and improving their management of artificial intelligence (AI), a GAO report reveals. Despite initial efforts, key efforts to strengthen AI management have exceeded deadlines. The GAO report makes recommendations to 19 agencies and highlights the need for comprehensive plans, inventories and guidelines for the use of artificial intelligence. While 20 agencies reported 1,200 AI-related challenges or opportunities, some did not have accurate or complete information about their AI use cases. NASA, Commerce, Energy, Health and Human Services and the state will report the most AI use cases in fiscal year 2022, Fox News reported.

4. Bihar Police uses AI to prevent cheating in sub-inspectors exam

The Bihar Police Subordinate Services Commission (BPSSC) plans to use an artificial intelligence (AI)-powered system to prevent cheating during the preliminary investigation of a sub-inspector. About 6.60 lakh applicants will take the exam for 1,275 posts and artificial intelligence systems will use facial recognition and eye tracking to curb cheating. According to a PTI report, strict measures, including individual numbering of question papers and extensive CCTV monitoring, are aimed at ensuring the integrity of the exam and possible punishment for candidates involved in malpractices.

5. Boots to introduce AI “Personal Shopper” powered by ChatGPT for beauty product recommendations

Boots plans to launch an AI “personal shopper” on its website using ChatGPT, focusing on beauty product recommendations. The 174-year-old retailer is testing an artificial intelligence chatbot, which aims to improve the customer experience and increase online sales. While the technology has potential, the unpredictable nature of artificial intelligence raises concerns. Boots’ move follows a trend of other retailers such as Zalando and Klarna exploring ChatGPT apps to guide shoppers and provide personal financial assistance, the Telegraph reports.