5 things about AI you may have missed today: AI adoption by Indian businesses, Nasscom survey, AI in cancer fight, more
26.12.2023 - 16:23
/ tech.hindustantimes.com
/ Ai
Today, December 26, is the day after Christmas, also known as Boxing Day. As Businesses open again and people return to work, we have new artificial intelligence developments to report on. At first, a Nasscom survey found that the majority of Indian businesses have reported having either matured Responsible AI (RAI) practices and policies or having initiated formal steps towards the adoption of such responsible practices. In other news, researchers at the Chinese University of Hong Kong have run tests and found that doctors can more efficiently catch cancer-causing tumors during colonoscopy with the help of AI. This and more in today's AI roundup. Let us take a closer look.
According to a Nasscom survey, almost 60 percent of surveyed Indian businesses have either developed mature Responsible AI (RAI) practices or are in the process of adopting such practices. About 30 percent have a basic awareness of RAI without a formal strategy. The report, based on a survey of over 500 senior executives in India, highlights the industry's beliefs and perceptions regarding AI compliance. As the demand for RAI grows, industry leaders are investing in advanced tools and strategies, emphasizing transparency in AI practices. The report notes a correlation between businesses scaling up AI maturity and reporting higher RAI maturity.
Researchers at the Chinese University of Hong Kong's medical faculty have made a groundbreaking discovery, revealing the significant potential of AI to improve tumor detection during colonoscopies, as per a report by the South China Morning Post. The focus is on identifying smaller adenomas, addressing the traditional "miss rate" in lesion detection. Unlike conventional methods, where an endoscope is used, the AI tool acts as an additional set of eyes for less experienced doctors, excelling at identifying potential tumors in video footage. This advancement holds promise for transforming colonoscopy practices and reflects the ongoing evolution of medical technology to enhance diagnostic accuracy and patient outcomes.
Entrupy is using AI to authenticate designer handbags and sneakers in the resale market, focusing on brands like Balenciaga, Burberry, Gucci, and Louis Vuitton. Initially available to luxury goods resellers, the tool aims to build trust with customers concerned about buying authentic products in the resale market.
Speaking with Elle in an interview, Vidyuth Srinivasan, the cofounder and CEO of Entrupy said, “The whole point of doing this is to add trust and make it verifiable as a third party. It's the consumer having the certainty that this is not just [one] person saying that it's authentic, there's also a third party that's not invested in the transaction, certifying it”.
According