Maharashtra is set to roll out its first Artificial Intelligence (AI) policy, with the IT department planning to unveil a draft later this year. The policy aims to position Maharashtra as a leader in technological innovation, incorporating stakeholder input and aligning with the state's economic and social priorities. Information and Technology Minister Ashish Shelar has directed his department to draft the policy, which will outline a roadmap for harnessing the benefits of AI.
https://www.news18.com/politics/maharashtra-artificial-intelligence-indiaai-first-draft-policy-unveil-later-this-year-latest-news-9174540.htmlIn 2023, the focus on artificial intelligence (AI) was centered around its potential, but in 2024, the emphasis shifted to making AI useful without overspending. According to Arvind Narayanan, a computer science professor at Princeton University and co-author of "AI Snake Oil", there was a move from developing models to creating practical products.
https://www.manilatimes.net/2025/01/01/opinion/world/in-2024-artificial-intelligence-was-all-about-putting-ai-tools-to-work/2028788Bill McDermott, CEO of ServiceNow, has described artificial intelligence (AI) as the "biggest opportunity of our lifetime". He believes that businesses which fail to capitalise on AI's economic potential will be left behind by those who adopt it early. McDermott likened the advent of AI to Steve Jobs introducing the iPhone, suggesting its impact could be similarly transformative.
https://www.smh.com.au/technology/ai-the-biggest-opportunity-of-our-lifetime-says-tech-veteran-20250101-p5l1hx.htmlviaim, an AI technology hardware company based in Singapore, is launching its smart office products at CES 2025, including the RecDot AI Work companion earbuds and NoteKit desktop AI recorder. The devices aim to simplify workflows by automating repetitive tasks such as analyzing meeting minutes, extracting key points, generating summaries and to-do lists, and enhancing productivity and convenience for business professionals.
https://www.prnewswire.com/news-releases/ces-2025-viaim-unveils-smart-office-tools-recdot-and-notekit-with-exclusive-limited-time-early-access-302340574.htmlDeepSeek, a Chinese start-up based in Hangzhou, has emerged as a major player in the open-source large language model (LLM) market, according to Jim Fan, a senior research scientist at Nvidia. The company's latest release, DeepSeek V3, boasts 671 billion parameters and was developed at a cost of $5.58 million, significantly less than other tech firms such as Meta Platforms and OpenAI. This achievement has earned DeepSeek the title of "biggest dark horse" in the LLM arena, with Fan praising the company's ability to innovate despite resource constraints.
https://www.scmp.com/tech/tech-trends/article/3293050/meet-deepseek-chinese-start-changing-how-ai-models-are-trained?module=top_story&pgtype=sectionThe advertising industry is undergoing rapid transformation due to the increasing use of artificial intelligence (AI) tools, which are prompting a reevaluation of traditional working methods. At the same time, changes in data privacy regulations and the emergence of new ad formats require advertisers to adapt their strategies for engaging with their target audiences.
https://www.searchenginejournal.com/paid-media-marketing-7-changes-marketers-should-make/533699/The development of artificial intelligence (AI) has sparked debate about its potential impact on society, with some predicting it will bring about significant economic growth and others warning of a dystopian future where AI surpasses human capabilities. However, an analysis of the current job market suggests that AI is not yet delivering revolutionary productivity benefits, with many jobs such as radiologists, journalists, paralegals, accountants, office workers, and human drivers still in high demand. According to one expert, it's estimated that only around 5% of tasks currently performed by humans will be replaced by AI over the next decade, due to the complexity of tasks requiring judgment, multidimensional reasoning abilities, and social skills.
https://www.japantimes.co.jp/commentary/2024/12/31/world/pro-human-ai-agenda/Becky Owen, a former head of Meta's creator team and current innovation officer at creative agency Billion Dollar Boy, has warned that fake AI-generated social media accounts could be used to spread false information if adequate safeguards are not implemented on these platforms.
https://www.techspot.com/news/106138-meta-wants-fill-social-platforms-ai-generated-bots.html#commentsOffsetThe financial industry is undergoing a digital transformation with the integration of artificial intelligence and authentication technologies. Companies such as Billtrust and Galileo Financial Technologies are leveraging AI to enhance security and efficiency in cross-border payments and real-time transactions. For instance, TerraPay's use of GenAI technology enables instant payment processing across borders. Meanwhile, Fiserv is working on Open Banking initiatives with Boost Payment Solutions to facilitate faster payments. However, this shift also raises concerns about identity verification and fraud prevention, prompting companies like Prove Identity to develop digital identity solutions.
https://www.pymnts.com/news/payments-innovation/2024/to-know-whats-next-in-payments-first-look-back/