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Sridhar Vembu, cofounder and ace entrepreneur at Zoho, has joined the rising chorus calling for a consensus on artificial intelligence regulation and effective use (AI). <br>In an open letter co-signed by former NITI Aayog vice-chairman Rajiv Kumar and cofounder of the iSPIRIT Foundation Sharad Sharma, Vembu urged policymakers, academics, and other stakeholders to discuss the implications of AI on India.
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April 4, 2023 Worst of CAD is Behind India, as Experts Lowered Estimates Despite Massive Q3 data April 4, 2023 AI Has the Potential to Be Destructive: Zoho’s Sridhar Vembu Most Viewed February 15, 2023 Adani Group equities are the Subject of This Week January 31, 2023 Startups IHC investment leads Adani Enterprises shares to boost by 5% April 4, 2023 By Gurpreet Kaur 2 hours ago 0 12 2 minutes read March 3, 2023 Facebook Twitter VCs’ fixation with start-ups’ topline, says CEO of Infosys Sridhar Vembu, cofounder and ace entrepreneur at Zoho, has joined the rising chorus calling for a consensus on artificial intelligence regulation and effective use (AI). February 20, 2023
Adani Enterprises Shares Must Increase by up to 410% to Reach their 52-week Highs In an open letter co-signed by former NITI Aayog vice-chairman Rajiv Kumar and cofounder of the iSPIRIT Foundation Sharad Sharma, Vembu urged policymakers, academics, and other stakeholders to discuss the implications of AI on India. In the Letter They invite all stakeholders to participate in this critical discussion that will help build a national consensus on how best to use this powerful technology to achieve their national goals and satisfy the increasing ambitions of their youthful population, the open letter stated. February 27, 2023 M-cap of the Adani Group falls below the Rs 7 lakh crore threshold Noting that AI may threaten millions of jobs overnight, Vembu warned that adopting new technologies like AI without sufficient protections could result in “unprecedented upheaval of the present social order.” In his letter, Vembu described AI as having “transformational potential,” but also warned that it may be a “harbinger of unpredictable and perhaps disastrous repercussions for mankind.” January 17, 2023 Shark Tank India 2 – Catching Big Fishes for National Start-Up Day He emphasised the need of India and the world community “agreeingon” and framing standards for the future growth of Al that do not breach ethical boundaries. Following that, Vembu took to Twitter to advocate for rigorous openness rules for AI technologies. He also urged the Union government to push down on corporations attempting to monopolise the developing area, saying there should be no monopolies or toll gates. Most Reviews How should their policymakers respond? His recommendation is to impose severe openness standards on AI technologies. Some service providers may threaten to leave India, but they must call them on it. Subject to their regulations, Indians may also build excellent AI. “No monopolies, no toll gates! tweeted the Zoho cofounder. RECENT POPULAR COMMON Further Details April 4, 2023 Yatra Awards Social Media Mandate to Social Panga after Multi-Agency Pitch Vembu posed a query, saying that in a world when AI has abolished all employment and can make items without human interference, how does one pay for the goods when there are no jobs and thus no income? He also cautioned that this might pave the way for potential monopolies to demand rent. April 4, 2023
King Pipes Appoints Suniel Shetty as Brand Ambassador April 4, 2023 Worst of CAD is Behind India, as Experts Lowered Estimates Despite Massive Q3 data Since the air humans breathe is free and don’t complain about it, a future magical AI producing all commodities and services without human labour need not be negative for them. The underlying question is, how can they pay for such items when there are no employment and hence no income? The underlying question is who owns the magical AI – are there monopolies that extract rent? Vembu sent out a tweet. Although acknowledging that AI deployment might assist India in deviating from traditional linear growth trajectories, Vembu also stated in his open letter that Al was ‘inveigling’ itself into the economic, psychological, and cultural elements of human existence at an unprecedented rate. The consequences of implementing technology such as Al without proper scrutiny and appropriate safeguards might create enormous upheaval of the present social order… People must handle it properly in order to avoid uncontrollable socioeconomic upheavals on a large scale, he stressed. Newsletter Vembu said that an estimated 300 million jobs were at risk worldwide, citing a Goldman Sachs analysis. He also stated that the rapid emergence of generative AI platforms like ChatGPT and GPT-4 posed a specific danger to programmers. Citing his personal experience, Vembu stated that over the last 4-5 years, he has internally raised worries that generative AI platforms, which are now under development, will first threaten the careers of many programmers. Subscribe to our mailing list to get the new updates! You can share this post!
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