Panelists at the Mint Digital Innovation Summit 2023, held on June 9, said the rise of generative artificial intelligence (AI) as an area of greatest interest in technology around the world has ushered in an era of polymath. said that Speaking at the event, Jayanth N. Khora, co-founder and partner of consulting firm Convergence Catalyst, said: But with AI and generative AI, I think we are witnessing the beginning of the age of polymath. Therefore, if you are a polymath, you will definitely be a winner. ”
Prateek Dixit, co-founder and chief technology officer of Pocket FM, an audio streaming platform, said employees who access and use AI tools in their normal work “are significantly more likely than those who are not using AI. We will achieve excellent results in ,” he added.
“Every time technological innovation occurs, skills improve and the skill gap continues to shrink. This will also allow anyone to acquire knowledge, so the skill gap will narrow and, to be honest, mundane jobs will not disappear. But then obviously there will be some better jobs created,” he said.
Dixit elaborated on the impact of generative AI on content generation and what has changed in the space since the release of OpenAI’s ChatGPT, the chatbot that has become the fastest platform ever to reach 100 million users worldwide. bottom.
“We are working on all Indian native languages, and we use language translation, but generative AI also helped us do localization. and if the writer wants to publish this story in Kannada, he has to not only translate the story, but also localize it to that particular setting, so after the advent of ChatGPT, he still uses translation as before. But we’re using localized stories and building on what OpenAI provided in its basic AI model,” Dixit elaborated.
Kolla warned that while generative AI is leading enterprise innovation, there is a long way to go to achieve policies and regulations to shape the way industries and tools like ChatGPT are used.
“After nearly 30 years, there are still no strong regulations or policies policing the internet. Companies like Google have security policies around data privacy and internet usage. There will be big companies working on it,” he said.
Korra added that while we need to “learn from the past,” with generative AI, “the potential for connecting innovation, good deeds and disparate thinking to extract value is enormous.”
“It takes a lot of energy and resources to develop and nurture this sector, and policies and regulations need to be put in place for this sector to grow,” he said.
