Today in AI: Deepfakes on rise, where is AI headed, and the rise of AI wearables

AI is now the omniscient, omnipresent modern-day God that can do anything, solve everything, has an answer to everything. Eyebrows are being raised about its ethical consequences but the world cannot afford to wish it away

AI is now the omniscient, omnipresent modern-day God that can do anything, solve everything, and have an answer to everything. Eyebrows are being raised about its ethical consequences but the world cannot afford to wish it away. AI is here to stay and drive the economy. By 2030, China and the UK estimate that 26 per cent and 10 per cent of their GDPs, respectively, will be sourced from AI-related activities and businesses, and AI is estimated to boost India’s annual growth rate by 1.3 percentage points by 2035.

According to the '2023 State of Deepfakes Report' by 'Home Security Heroes' — a US-based web security services company — deepfake videos saw a five-times increase since 2019. In 2023, India witnessed scores of troubling instances related to deepfake videos, like the one involving actor Rashmika Mandanna, whose face was superimposed on that of a British-Indian social media influencer.

Healthcare is tipped to be the largest avenue for growth, with increasing demand for easier-to-operate and remote monitoring systems, along with applications in disease prevention. The industrial sector is also ripe for disruption, with enterprises looking to bolster productivity and safety with automated services and hardware.