Responsible Artificial Intelligence deals with human responsibility for developing intelligent systems along fundamental humanitarian principles and values. There are two schools of thoughts on how AI could be more responsible. Let us understand both and see what do I recommend. Regulatory School of thought: The Regulatory School of thought is…

AI Growth Journey: Let me start this story with some growth statistics. Artificial intelligence (AI) is changing the competitive environment in industries around the world. The potential comes from automating decision-making process through replicating human-like reasoning. The number of AI startups since 2000 has magnified to 14 times as per…

Organizations are quickly adopting artificial intelligence (AI) in “innovate-to-survive’’ or “innovate-to-grow” race across industries. AI is even getting fast acceptance even in sectors such as banking that are highly regulated. AI is also shaping the healthcare sector where connected healthcare and AI are transforming the lives of communities. AI has…

The world of machine learning and data science concentrates on developing new methods, implementing faster and efficient algorithms to build more and more complex analytical models. However, looking from the business perspective, it turns out that model development methods and algorithms are not the key point. The crux is elsewhere…

ChatGPT making democratization of AI faster: ChatGPT (https://openai.com/blog/chatgpt/) and it’s widely appreciated generative AI has brought a structural change in the democratization of AI. There have been more than 30 different generative AI applications that not only have increased our productivity, but also helping automate many complex tasks. Some of…

If we are considering adopting artificial intelligence, a center of excellence is a good place to start. These centers typically consist of an expert group of technical staff who can advise us on a wide range of AI projects and ensure the highest level of quality. Center of excellence can…

Artificial intelligence (AI) has become the new buzzword for ESG Monitoring. The use of artificial intelligence in ESG Monitoring is gaining ground among rating agencies, Environmental protection agencies and investment houses especially among hedge funds. The benefits are clear: Companies that rank highly in ESG reports and ESG data see…

Multimodal AI combines the power of multiple inputs to solve complex tasks. In order to solve tasks, a multimodal AI system needs to associate the same object or concept across different facets of a given media. …

This topic is relevant as there are discrepancies in green financing penetration in developing world vs. developing countries. As the world becomes more environmentally conscious, the demand for green finance is increasing in developing countries. …