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Microsoft, ISB to Empower Indian Business Leaders in AI

The three-day non-technical programme is done under the purview of Microsoft's online AI Business School

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FILE - Microsoft Corp. signage is seen outside the Microsoft Visitor Center in Redmond, Washington, July 3, 2014. VOA

The Indian School of Business (ISB) and Microsoft India on Friday joined hands to equip Indian business leaders with tools and strategies to make their organizations Artificial Intelligence (AI)-driven.Through the creation of the AI Digital Lab, the two organizations will collaborate in research which will use AI and Machine Learning (ML) to study issues that are relevant for business and public policy. In addition, they will also jointly introduce a new executive programme, to begin in October which aims to train 1,000 executives in AI and its role to improve business decisions over a period of two years.

“With this coming together of ISB and Microsoft, it is a unique opportunity to increase the innovation with AI in business. Our new partnership with ISB will empower business leaders to increase their tech intensity and do more with AI,” said Anant Maheshwari, President, Microsoft India.
According to a recent Microsoft and IDC Asia/Pacific study, lack of a coherent AI-strategy is among the top three challenges that Indian business leaders face while trying to accelerate the growth of their respective businesses.
artificial intelligence, nobel prize
“Artificial intelligence is now one of the fastest-growing areas in all of science and one of the most talked-about topics in society.” VOA
“Transforming organizations guided by AI and augmented by frameworks integrating analytics with human behaviour and management issues will be an important imperative for business leaders,” said Professor Rajendra Srivastava, Dean, Indian School of Business.
“Our collaboration with Microsoft India will enable us to use AI to understand new phenomena that are relevant for business as well as policy and subsequently disseminate the knowledge to business leaders who will need to transform their businesses through artificial intelligence to compete effectively,” he added.ISB’s executive programme, titled “Leading Business Transformation in the Age of AI” will enable C-suite executives to come up with a coherent strategy to transform their respective organizations into AI-driven organizations.
The three-day non-technical programme is done under the purview of Microsoft’s online AI Business School.”It will also enable social science researchers to derive new insights from data and explore phenomena that were, hitherto, unexplored,” said Professor Anand Nandkumar, Associate Dean, Indian School of Business (ISB).  (IANS)

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Artificial Intelligence Creating New Possibilities for Personalisation This Year

Tech companies today are also attempting to bridge the gap between academia and the career market

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Artificial Intelligence (AI) and cross-industry collaborations are creating new avenues for data collection and offering personalised services to users this year, according to a report.

Among other technology trends that are picking up this year are the convergence of the smart home and healthcare, autonomous vehicles coming for last-mile delivery and data becoming a hot-button geopolitical issue, according to the report titled “14 Trends Shaping Tech” from CB Insights.

“As a more tech-savvy generation ages up, we’ll see the smart home begin acting as a kind of in-home health aide, monitoring senior citizens’ health and well being. We’ll see logistics players experiment with finally moving beyond a human driver,” said the report.

“And we’ll see cross-industry collaborations, whether via ancestry-informed Spotify playlists or limited edition Fortnite game skins,” it added.

In September 2018, Spotify partnered with Ancestry.com to utilise DNA data to create unique playlists for individuals.

Playlists reflect music linked to different ethnicities and regions. A person with ancestral roots in Bengaluru, for example, might see Carnatic violinists and Kannada film songs on their playlists.

DNA data is also informing how we eat. GenoPalate, for example, collects DNA info through saliva samples and analyses physiological components like an individual’s ability to absorb certain vitamins or how fast they can metabolize nutrients.

From there, it matches this information to nutrition analyses that it has conducted on a wide range of food and suggests a personalised diet. It also sells its own meal kits that use this information to map out menus.

artificial intelligence, nobel prize
“Artificial intelligence is now one of the fastest-growing areas in all of science and one of the most talked-about topics in society.” VOA

“We’ll also see technology brands expand beyond their core products and turn themselves into a lifestyle,” said the report.

For example, as electric vehicle users need to wait for their batteries to charge for anywhere from 30 minutes to two hours, the makers of these vehicles are trying to turn this idle time into an asset.

China’s NioHouse couples charging stations with a host of activities. At the NioHouse, a user can visit the library, drop children off at daycare, co-work, and even visit a nap pod to rest while charging.

Nio has also partnered with fashion designer Hussein Chalayan to launch and sell a fashion line, Nio Extreme.

Also Read- YouTube Working to Overhaul its Verification Programme

Tech companies today are also attempting to bridge the gap between academia and the career market.

Companies like the Lambda School and Flatiron School offer courses to train students on exactly the skills they will need to get a job, said the report.

These apprenticeships mostly focus on tech skills like computer science and coding. Training comes with the explicit goal of employment and students only need to pay their tuition once they have landed a job that pays them above a certain range.

Investors are also betting on the rise of digital goods. While these goods cannot be owned in the physical world, they come with clout, and offer personalisation and in-game experiences to otherwise one-size-fits-all characters, the research showed. (IANS)