Facebook Pixel Making AI work for you | Business Standard - newspaper - Lee esta historia en Magzter.com
Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año

Intentar ORO - Gratis

Making AI work for you

Business Standard

|

October 22, 2025

Technological breakthroughs don't always live up to the hype.

- AMBI PARAMESWARAN

A decade ago, we were told that 3D printing will replace manufacturing of many types of products. A company even demonstrated building a house using a 3D printer. But we are still buying and using products made in factories. Yes, 3D printers have become more and more affordable and in consumer products marketing most designers use 3D printers to create prototypes, instead of wood or plastic moulds.

Virtual reality and artificial reality, too, seem to have not grown the way they were supposed to take over our real world. IoT, or internet of things, has had a slow start but we are seeing more of it everywhere. I was impressed that a B School in Mumbai is using this technology to issue books to students. But has it taken over our world? Have refrigerators started ordering for milk, bread and eggs, as they were supposed to? No, not yet.

In contrast AI, especially generative AI, has had a great start. And a lot of it is not just hype. ChatGPT, from its late 2022 launch, now boasts of more than 700 million worldwide users. In India, too, ChatGPT has had a great beginning.

So have all the other GenAI platforms like Gemini, Perplexity, CoPilot, Claude and others.

There is widespread fear that ChatGPT and its ilk will replace humans causing widespread job losses.

MÁS HISTORIAS DE Business Standard

Business Standard

Remittances to India unlikely to be hit, may touch a new high of $140 billion in FY26

India’s remittance story is poised to remain resilient despite geopolitical tensions in West Asia, with inflows expected to scale fresh highs in 2025-2026 (FY26) before stabilising marginally in the following year, according to a recent State Bank of India (SBI) research report.

time to read

1 min

March 24, 2026

Business Standard

ATM rule changes from April 1: UPI withdrawals, limits, fees

Several banks are tightening how often and how much you can withdraw from ATMs, with new charges kicking in from April 1, 2026.

time to read

1 min

March 24, 2026

Business Standard

Business Standard

CERAWEEK ENERGY CONFERENCE US energy secy says oil prices not high enough to cause havoc

Global oil prices have not climbed enough to cause demand destruction, US Energy Secretary Chris Wright said on Monday at the CERAWeek energy conference in Houston, Texas, even as markets continued to gyrate and global oil prices remained over $100 a barrel due to the US-Israel war on Iran.

time to read

1 min

March 24, 2026

Business Standard

Protecting biodiversity

Strategy has improved, but outcomes remain uncertain

time to read

2 mins

March 24, 2026

Business Standard

In a first, Odisha set to auction 3 gold-bearing mineral blocks

Forthe first time, three gold-bearing mineral blocks of Odisha will go under the hammer.

time to read

1 mins

March 24, 2026

Business Standard

India's mcap erodes $1.3 trn from peak

A sharp sell off triggered by the ongoing war between US-Israel and Iran has wiped out significant investor wealth in Indian equities, with total market capitalisation (mcap) down $1.3 trillion from its peak.

time to read

1 min

March 24, 2026

Business Standard

Anil Ambani seeks debt treatment like Sandesaras’

Industrialist Anil Ambani has approached the Supreme Court seeking a court-facilitated debt resolution similar to the one provided to Sterling group's Nitin and Chetan Sandesara, and five other members of their families.

time to read

2 mins

March 24, 2026

Business Standard

Business Standard

States must act against profiteering in retail coal market, says minister

Coal and Mines Minister G Kishan Reddy (pictured) on Monday warned against rising coal prices in the informal retail market amid the ongoing West Asia crisis, directing state governments to crack down on profiteering and ensure price stability.

time to read

1 min

March 24, 2026

Business Standard

RBI net-bought $2.52 bn in Jan

RBI BULLETIN

time to read

1 mins

March 24, 2026

Business Standard

Stay put if you can withstand volatility, invest for over 5 yrs

Consumption funds have fallen 12.7 per cent over the past three months, making them the second worst-performing category during this period.

time to read

2 mins

March 24, 2026

Listen

Translate

Share

-
+

Change font size