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generative ai: From writing codes to drug development, generative AI is reshaping various industries: Anshul Rustaggi
Apr 04, 2023Don't miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. click here!
More than a year after the ₹25,938 crore production-linked incentive (PLI) scheme for India's auto sector came into effect, qualified manufacturers await clarity on whether they will receive sops for the first year of the programme.
Byju's has sued its lender Redwood, an American investment management firm, and its related entities in the New York Supreme Court for accelerating the repayment of a $1.2 billion Term Loan B (TLB). This marks a new twist in the long-drawn saga playing out between the Indian edtech major and its lenders even as Byju's missed its quarterly interest payment of about $40 million for the TLB that was due on June 5.
Sequoia Capital, the marquee Silicon Valley investor in early-stage companies, has broken away from its India and China partnerships, signalling a retreat from Asia for the fund that had backed technology giants Apple and Google in its early days.
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Economic Times (ET): Could you summarise the current advancements in generative AI technology and how it might influence different sectors? Anshul Rustaggi (AR): ET: With the evolution of generative AI, there are concerns about the erosion of human creativity. What is your view? ET: What are the most pressing limitations and challenges associated with generative AI that experts in the field are currently tackling? ET: What emerging trends or breakthrough techniques in generative AI might significantly elevate the efficiency and capacity of automated content & image generation? ET: Could you highlight some of the most recent and significant developments in the realm of generative AI? ET: Can you mention some disruptive applications or tools powered by generative AI that have been adopted across different industries? ET: How do you uphold the protection of customer data and ensure the privacy and security of information processed by generative AI algorithms? ET: What are the opportunities in using Generative AI to enhance the experience for both developers and end-users? ET: AI-generated images can sometimes blur the lines between reality and digital creation, posing potential ethical issues. How does the industry navigate these concerns, and what steps are being taken to mitigate misuse? ET: What is your vision regarding the role of AI in the future of your company? Are there any specific areas where you see AI playing a crucial part?