Paytm’s AI-driven job cuts and other AI developments you might have overlooked today
On this Christmas day, it is customary for businesses and governments to close, allowing people to enjoy the holiday. However, despite this, there have been surprising advancements in artificial intelligence. One97 Communication, the parent company of Paytm, has made a shocking decision to terminate over 1000 employees. The reason behind this layoff is believed to be the company’s progress in AI, which has rendered certain positions unnecessary. Stay tuned for more updates on today’s AI developments.
Paytm lays off 1000 employees
Paytm’s parent company One97 Communication has laid off more than 1,000 employees from various departments as a cost-cutting measure, reports the Economic Times. The layoffs over the last few months will reduce Paytm’s total workforce by 10 percent. The structural change was due to advances in artificial intelligence, which made some tasks obsolete. The decision came after Paytm exited the buy-now-pay-later and small-ticket lending space due to regulatory changes by the RBI. The job losses are concentrated in the division, which grew significantly during the past year.
Artificial intelligence finds an antibiotic for staph infection
According to a report in Psychology Today, researchers from MIT, Harvard University, and the Broad Institute have made a groundbreaking discovery using artificial intelligence machine learning to identify a new class of antibiotics. This is the first such discovery in more than 60 years and is a major breakthrough in the fight against drug-resistant staph infections, helping to combat antimicrobial resistance (AMR).
Staph or Staphylococcus aureus (S. aureus) is a gram-positive bacterium responsible for a variety of human infections, including skin infections, sepsis, and fatal pneumonia. Methicillin-resistant S. aureus (MRSA) caused more than 120,000 global deaths in 2019, as reported by the Institute for Health Metrics and Evaluation in January 2022.
The Sydney Harbor Bridge is getting a Christmas decoration decorated with artificial intelligence
Sydney’s Harbor Bridge has undergone a Christmas Day makeover with dazzling lights and draped white fabric, but the festive look was created by artificial intelligence, according to a report by 9News. It’s the digital creation of AI artist If Only, known for similar transformations of landmarks like Egypt’s Great Pyramids and San Francisco’s Golden Gate Bridge. It showcases the power of artificial intelligence in creating visually stunning images.
“What if we woke up on Christmas morning to find that Santa has transformed the Sydney Harbor Bridge into a festive wonderland? With a touch of Christmas magic and a big AI debt, the Sydney Harbor Bridge is decorated like we’ve never seen it before. A pixel-perfect look for Christmas Day,” Sydney’s official Instagram account posted.
Interactive artificial intelligence may be a thing in 2024
Mustafa Suleyman, the founder of Google DeepMind, has said that according to a Deutsche Welle report, the future of AI chatbots will focus on their advanced ability to interact with humans.
“The third wave is the interactive phase. That’s why I’ve long speculated that conversation is the user interface of the future. Instead of clicking buttons and typing, you’re going to talk to your AI.” Suleyman told MIT Technology Review.
The pioneer of artificial intelligence says that artificial intelligence must give people more freedom of choice
Fei-Fei Li, an American computer scientist who was born in China and is known for founding the ImageNet dataset that enabled the rapid development of computer vision in 2010, has recently given his opinion on artificial intelligence in its current form, believing it to undermine human activity. office.
Speaking to The Associated Press, he said: “The biggest misconception about AI in journalism is when journalists use AI and verb as the topic and put humans in the object. The human agent is very, very important. We create technology, we use technology and we control technology. The media and the public debate, but influenced by the media, talk about AI without proper respect for human functionality. We have so many articles, so many conversations that start with ‘AI brings blah, blah, blah; AI does blah blah blah; AI delivers blah blah blah; AI destroys blah , blah, blah. And I think we need to acknowledge this.”
