The FinTech Hub
Source: Live Mint Let’s begin with the term ‘pre-mortem’. Unlike a post-mortem that analyses the reasons behind a particular outcome, a pre-mortem is a structured exercise done before you launch a major initiative. Everyone imagines the strategy has failed badly two years in the future and works backward to list the reasons. The team then…
Source: Live Mint New Delhi, Mar 26 (PTI) Indian investors show greater confidence towards meeting daily financial needs and using AI tools for their investment needs, a global survey said on Wednesday. At the same time, Indian investors also struggle more to meet their debts and liabilities, according to the World Economic Forum’s Global Retail…
Source: Live Mint “Some Nobel Prize-winning economists estimate AI’s impact on GDP in the low single digits, while others expect double-digit growth. That’s how uncertain things are,” Chatterji told Mint in an interview during his India visit on Tuesday. The effect of AI on jobs is similarly debated. “Some studies suggest AI will affect only…
Source: Live Mint Mr Altman’s prediction taps into an established school of thought. As large language models first gained popularity in the early 2020s, economists and bosses were hopeful that they, and other AI tools, would level the playing field, with lower-skilled workers benefiting most. Software capable of handling tasks such as protein-folding and poetry-writing…
Source: Live Mint “Change is neither good nor bad. It simply is,” declares Donald Draper, the unflappable star of “Mad Men”, a television drama set in 1960s adland. Not all advertising executives share his sangfroid. Today, technology is changing the industry faster than at any time since Mr Draper’s era. The result is a reshaping…
Source: Live Mint Sam Altman, CEO of OpenAI, has announced that 2025 could mark a groundbreaking moment in artificial intelligence (AI) history. The first AI agents are expected to join the workforce and materially impact business productivity. This development, anticipated as part of a broader AI evolution, could redefine traditional workflows and reshape the economic…
Source: Live Mint Gemini 2.0 Launch: Google has unveiled the second generation of its artificial intelligence model, Gemini, marking what CEO Sundar Pichai calls a “new agentic era” in technology. The release highlights Google’s ongoing push to outpace competitors in the AI space, combining advanced capabilities with widely-used applications. Here are five key takeaways: 1….
Source: Live Mint This marks the first such case in India, but the lack of clear policies on AI’s use of public data has sparked similar conflicts globally. At the core of the issue is AI tools’ relentless demand for high-quality data. However, their reliance on readily available online information is nearing its limit. Without…
Source: Live Mint OpenAI CEO Sam Altman has announced a series of livestream events over the next 12 days, beginning today, 5th December, at 10 a.m. PT (11:30 p.m. IST). These events are set to introduce a range of innovative tools and features, with Altman teasing that viewers can expect “some big ones and some…
Source: Live Mint Perhaps the best-known risk is embodied by the killer robots in the “Terminator” films—the idea that AI will turn against its human creators. The tale of the hubristic inventor who loses control of his own creation is centuries old. And in the modern era people are, observes Chris Dixon, a venture capitalist,…
