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State of Working India Report 2023

India has experienced significant economic growth and development over the past few decades, becoming one of the largest economies in the world. However, one area that continues to pose a challenge is unemployment. According to the latest State of Working India 2023 report by Azim Premji University, the unemployment rate among graduates under 25 years of age stands at a staggering 42.3%. This means that over 4 in 10 young graduates in India are unable to find suitable jobs. While the overall unemployment rate for the country reduced marginally from 8.7% in 2017-18 to 6.6% in 2021-22, the unemployment crisis among educated youth persists.

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Regardless of what companies and investors may say, artificial intelligence is not actually intelligent in the way most humans would understand it. To generate words and images, AI tools are trained on large databases of training data that is often scraped off the open web in unimaginably large quantities, no matter who owns it or what biases come along with it. When a user then prompts ChatGPT or DALL-E to spit out some text or visuals, the tools aren’t thinking about the best way to represent those prompts because they don’t have that ability. They’re comparing the terms they’re presented with the patterns they formed from all the data that was ingested to train their models, then trying to assemble elements from that data to reflect what the user is looking for. In short, you can think of it like a more advanced form of autocorrect on your phone’s keyboard, predicting what you might want to say next based on what you’ve already written and typed out in the past. If it’s not clear, that means these systems don’t create; they plagiarize. Unlike a human artist, they can’t develop a new artistic style or literary genre. They can only take what already exists and put elements of it together in a way that responds to the prompts they’re given. There’s good reason to be concerned about what that will mean for the art we consume, and the richness of the human experience.

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AI tools will not eliminate human artists, regardless of what corporate executives might hope. But it will allow companies to churn out passable slop to serve up to audiences at a lower cost. In that way, it allows a further deskilling of art and devaluing of artists because instead of needing a human at the center of the creative process, companies can try to get computers to churn out something good enough, then bring in a human with no creative control and a lower fee to fix it up. As actor Keanu Reeves put it to Wired earlier this year, “there’s a corporatocracy behind [AI] that’s looking to control those things. … The people who are paying you for your art would rather not pay you. They’re actively seeking a way around you, because artists are tricky.” To some degree, this is already happening. Actors and writers in Hollywood are on strike together for the first time in decades. That’s happening not just because of AI, but how the movie studios and steaming companies took advantage of the shift to digital technologies to completely remake the business model so workers would be paid less and have less creative input. Companies have already been using AI tools to assess scripts, and that’s one example of how further consolidation paired with new technologies are leading companies to prioritize “content” over art. The actors and writers worry that if they don’t fight now, those trends will continue — and that won’t just be bad for them, but for the rest of us too.

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Closing Gender Gaps to Grow the Global Economy

Gender inequality is one of the most pressing economic and social issues worldwide. By not fully utilizing the skills and talents of all members of society, economies are missing significant opportunities for growth. Closing gender gaps in areas like labor force participation, access to education, and financial inclusion could boost global GDP substantially. With concerted efforts from governments, businesses, and individuals, progress can be made to create a more equitable and prosperous future for all.

According to the World Economic Forum’s Global Gender Gap Report 2022, it will take 132 years to close the global gender gap at the current rate of progress. This means that full parity between men and women may not be achieved for over a century. The economic costs of this prolonged inequality are immense.

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Best AI Tools for Content Writing in 2023

We all are in the world of content creation for writing social media posts, emails, product descriptions, or just text so, staying ahead is essential. Whether you’re a content creator or just a student we all need to see the world of digital content. We have probably heard about the remarkable impact of Artificial Intelligence (AI) on content writing. AI tools have revolutionized the way we generate, optimize, and refine content, making it easier and more efficient than ever before.

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What is Data Cleansing?

Data cleansing, also known as data scrubbing or data cleaning, is the process of identifying and correcting errors or inconsistencies in datasets. These errors can include everything from duplicate records and missing values to inaccuracies in data entries.

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Essential Skills to Become a Successful AI Engineer in 2023

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What is Business Intelligence (BI): A Complete Overview

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How to Boost Productivity in the Workplace Using ChatGPT?