Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Monday, 13 January 2025

IMC 2024

 

AI takes the centre stage with use cases in IMC 2024 - The Hindu BusinessLine


Extract from the article:

The article discusses how Artificial Intelligence (AI) is becoming a focal point with various use cases in the India Mobile Congress (IMC) 2024.

It highlights the impact of AI on different sectors, including finance and technology. The piece mentions notable advancements in AI technology and its potential to revolutionize industries.

Additionally, it touches upon the performance of key financial indices like Nifty 50, BSE Sensex, and BAE, indicating the influence of AI on market dynamics.

AI's growing significance is evident as top gainers and losers in the financial market are impacted by developments in AI technology.

The article underscores the increasing adoption of AI by corporations and investors, signaling a shift towards leveraging AI for competitive advantages. The focus on AI at IMC 2024 suggests a significant convergence of technology and business interests, with AI poised to shape the future landscape of industries in India.


My Take:

A. MIGHT INTEREST YOU

"In my previous blog discussing the frenzy around AI investments among venture capitalists and tech giants, I had predicted the widespread adoption of AI technologies.

The current emphasis on AI at IMC 2024 echoes the trend I highlighted years ago, showcasing how AI has evolved from a theoretical concept to a practical application across various sectors.

The integration of AI into industries is not only a testament to technological progress but also a strategic move towards enhancing efficiency and innovation."


B. Financial Inclusion: Here is the Future

"The mention of AI's role in financial management and trading aligns with my earlier discussion on the transformative power of AI in driving economic growth.

The shift towards AI-driven financial advisors and trading algorithms signifies a paradigm shift in wealth management practices.

As AI continues to redefine the financial landscape, the potential for inclusive growth and enhanced economic stability becomes more tangible, indicating a future where AI plays a pivotal role in shaping financial systems."


C. Kaun Banega Crorepati (KBC) and Artificial Intelligence (AI)

"Reflecting on KBC and the application of AI to predict quiz outcomes, the article's focus on AI use cases in IMC 2024 resonates with the concept of leveraging AI for predictive analysis.

The idea of using comprehensive databases and AI algorithms to forecast future events, as seen in KBC, mirrors the increasing trend of AI's predictive capabilities in real-world scenarios.

IMC 2024's spotlight on AI reaffirms the potential of AI-powered insights to drive decision-making and innovation across diverse sectors."


Call to Action:

To the stakeholders at India Mobile Congress 2024 and AI innovators, embrace the momentum behind AI advancements and collaborations to harness the full potential of AI technologies for driving innovation and sustainable growth.

Let's work together to shape a future where AI transforms industries and enriches experiences for businesses and society.


With regards, 

Hemen Parekh

www.My-Teacher.in

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