CISCO STUDY AI READINESS
Master Your English Skills: How to ace the TOEFL Test for foreign admissions
Indian students aiming to study abroad must demonstrate readiness for academic success in English-speaking environments through TOEFL iBT test. ETS India is running TOEFL India Contest and TOEFL UK India Scholarships to motivate students.
Ixigo IPO pops; AI jobs command premium pay
Ixigo lists at about 50% premium, ends day at 20% upper circuit. This and more in today’s ETtech Top 5.
AI jobs command premium pay as companies fill specialised roles
Experts and staffing firms told ET that qualified AI professionals in India are raking in serious cash. Compared to traditional IT roles, AI specialists can command a salary premium of up to 40-80%. The demand for AI talent is exploding as companies race to fill these new and specialised positions.
A study reveals how India can achieve $5 billion defence export goal
A recent study by Nexgen Exhibitions highlights the importance of streamlining foreign direct investment (FDI), enhancing Research & Development (R&D), and boosting manufacturing capabilities to help India achieve its USD 5 billion defence export goal by 2024-25. The study, involving over 130 national and international arms, ammunition, and security equipment manufacturers, emphasizes the need for strategic partnerships, advanced technologies, and a robust skill development ecosystem. The findings aim to propel India's homeland security and defence sector towards becoming a global manufacturing hub.
Companies need to increase AI skilling initiatives and also focus on ethics: Survey
Only 25% of IT professionals are very familiar with AI, as per ISACA survey. 40% orgs lack structured AI training, highlighting knowledge gaps and need for upskilling.
Broadcom acquisition of VMWare creating a storm of uncertainty, risk: Nutanix CEO
As part of its slew of announcements on Tuesday, Nutanix said it is working jointly with Cisco to certify Cisco UCS blade servers as part of the strategic partnership between Nutanix and Cisco.
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Out of school, into startups: Young founders are on the rise, ready to even pause studies to chase their entrepreneurial dreams
In 2023, Ayush Pathak and Aryan Sharma founded Induced, assisting businesses in automating workflows with AI. Apoorv Singh launched Connect AI with Asta. Himanshu Rajpurohit's startup, Strangify, provides corporate mental health solutions. Dyumna Madan's ProjectClay helps students find career paths.
Navigating the AI tsunami: IMF boss sounds alarm on job impact, calls for swift action
Artificial intelligence (AI) is predicted to impact the global labor market drastically, potentially affecting up to 60% of jobs in advanced economies and 40% worldwide within two years, according to IMF Managing Director Kristalina Georgieva. Urgent preparation is needed to manage changes and avoid societal inequalities.
AI film festival gives glimpse of cinema's future
With fantastical characters including mud people and giant grandmothers, an AI film festival is giving a glimpse of the storytelling made possible by the novel technology. "I couldn't really have (human) characters or dialogue, so that set the aesthetic of the film," the French director said of his short, about what happens to grandmothers after they die.
Firms rush to recruit chief AI officers amid tech frenzy
Companies scramble for AI talent, hiring CAIOs and other AI leadership roles. Top firms like Harman, Blackrock, and Deloitte emphasize the importance of AI leadership as AI becomes more integral to business operations worldwide.
AI a 'game changer' but company executives not ready: survey
A majority of corporate executives across leading economies believe artificial intelligence will be a "game changer" for their industry but admit their leadership teams lack the knowledge to understand AI's risks and rewards, a study showed Friday. But 57 percent "lack confidence in their leadership team's AI skills and knowledge", the report found.
An AI researcher takes on election deepfakes
Oren Etzionia, University of Washington professor and founding CEO of the Allen Institute for AI, became one of the first researchers to warn that a new breed of AI would accelerate the spread of disinformation online.
Hacker Alert! Over 80% of Indian firms expect cybersecurity incident in 2 years
The 2024 Cisco Cybersecurity Readiness Index, which was released on Thursday, found that only 4% of companies in India are ready to tackle today's threats, with 59% of organisations falling into the "beginner or formative stages of readiness".
How long you got? Danish AI algorithm aims to predict life, and death
Researchers in Denmark are harnessing artificial intelligence and data from millions of people to help anticipate the stages of an individual's life all the way to the end, hoping to raise awareness of the technology's power, and its perils. - Data from six million - The basis for the life2vec model is the anonymised data of around six million Danes, collected by the official Statistics Denmark agency.
GenAI can be a gamechanger for tax compliance: PwC study
At present, there is usually a time gap between the specific regulatory requirements and readiness of an organisation to be able to correctly furnish large amounts of data at the outset. With GenAI, managing complex tax compliances can become easier, the study noted.
SAP Labs India, TASK, Edunet Foundation Launch SAP Centre of Excellence in Hyderabad
SAP Labs India's Code Unnati, with Edunet Foundation and TASK, initiates a centre of excellence in Telangana. Focused on emerging technologies, AI, and Industry advancements, the program ensures future job readiness through experiential learning and faculty empowerment.
AI Chatbots not ready for election prime time, study shows
A study by the AI Democracy Projects reveals the risks of AI chatbots spreading false, misleading, and harmful information during national elections. Efforts are being made to safeguard election integrity as big tech companies and AI startups play a role in addressing the issue.
Amazon’s Bazaar to challenge Meesho; AI & edtech
Amazon has started onboarding sellers from across the country and is asking them to list unbranded products, priced at Rs 600 or less. The platform will offer products like apparel, watches, shoes, jewellery and luggage.
Ready to go beyond Google? Here's how to use new generative AI search sites
Google searches are declining in quality, leading to the rise of generative AI chatbots as alternative search tools. These chatbots offer conversational search experiences with readable summaries of information. However, their accuracy and reliability vary, and it is crucial to verify information from reliable sources.
ETS launches new AI tool to help you prepare for your TOEFL test
The Educational Testing Service (ETS) has introduced TOEFL TestReady, an AI-powered platform to assist test takers preparing for the TOEFL exam. It offers free and paid options, personalized study plans, practice activities, resources, and feedback to improve English skills. Initial research suggests a positive correlation between performance on TestReady and higher TOEFL scores.
From a Project management lens - Understanding AI driven Business Transformation
New technologies like artificial Intelligence (AI) are transforming the way organizations work. Before adopting AI, organizations need to consider factors such as AI adoption and the long-term benefits.
One in four firms ban GenAI over privacy, data security risks: Report
A new report reveals that over a quarter of organizations have banned the use of GenAI due to concerns over data privacy and security. The 'Cisco 2024 Data Privacy Benchmark Study' shows that businesses are limiting the use of Generative AI and 27% have temporarily banned its use. The top concerns include threats to legal and intellectual property rights and the risk of information disclosure.
NSG plans AI-led data pps to study, prevent blasts
Asked about the safety of the NSG's data, Colonel Nidhish Bhatnagar of RRU told ET, "Data will be entirely secured with RRU. We have a robust data protection system. The first responder from the law enforcement agency will be able access the information real time."
Generative AI could boost India's economy by $1.2-1.5 trillion in the next seven years: EY study
The EY report threw up valuable insights into how various industries are gearing up for the adoption of Gen AI. Based on a detailed survey that covered over 200 C-suite participants, the findings show that 60% of organisations acknowledge the significant influence Gen AI will have on their business models. However, around 75% express a low to moderate level of readiness to harness the benefits of Gen AI.
Employees believe offices not ready for new way of working: study
A Cisco study on employee attitudes toward returning to the office in India reveals that while 76% of employees respond positively to their organization's return-to-office mandate, 82% express a desire to return to the office at least a few times per week. However, employees believe that current workspaces are not ready for the evolving way of working
How ready are Indian businesses for the AI era?
Overall, according to to the Cisco AI Readiness Index 2023, only 26% of organisations in India are fully prepared to deploy and leverage AI – but this is higher than the global average of 14%. 42% are moderately prepared, 31% have limited preparedness, while 1% are unprepared.
Only 26% of organisations surveyed in India ready to deploy AI: Cisco study
While AI adoption has been slowly progressing for decades, the advancements in generative AI, coupled with public availability in the past year, are driving greater attention to the challenges, changes and new possibilities posed by the technology.
Get ready to deal with AI's hallucination problem as chatbots become part of your daily lives
Described as hallucination, confabulation or just plain making things up, it's now a problem for every business, organisation and high school student trying to get a generative AI system to compose documents and get work done.
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