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HOW INDIA CAN HELP FRAME GLOBAL RULES FOR AI SAFETY
December 28, 2023
|The Morning Standard
THE emergence of steam engines, electricity and computers the primary drivers of the first three industrial revolutions brought about transformations that shaped the economic, social and cultural landscapes of their eras.
We are currently said to be at the initial phase of the fourth industrial revolution, led by advancements in several cutting-edge technologies. Artificial intelligence (AI) stands out as its talismanic driver.
Computational power has long adhered to Moore's Law, doubling every two years.
The growth of AI has accelerated even more, with current algorithms and programs capable of efficiently processing vast amounts of data, providing insights, performing tasks and solving complex problems at speeds and capabilities that were once unimaginable for humans.
Its applications have already percolated across every sector, tremendously boosting our productivity. AI is projected to contribute $15.7 trillion to the global economy in 2030, with $6.6 likely to come from increased productivity, and the rest from consumption-side effects.
Healthcare has improved with the integration of AI. Our doctors can use predictive analytics for patient outcomes, give personalised treatment recommendations and analyse medical images to assist in diagnosis. Education saw the advent of virtual tutors and learning platforms that can adapt to individual student needs. Agriculture sector is witnessing an increasing adoption of precision farming techniques and automated AIguided machinery for tasks such as planting and harvesting.
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