Business Today

A leading business magazine read by the business leaders for staying ahead and managing challenges that comes right away in the ever changing world of business.

Taming the AI Juggernaut

Business Today

ELECTRIFYING • INDIA’S EXPORTS AND IMPORTS OF ELECTRONICS GOODS HAVE REACHED AN ALL-TIME HIGH IN FY23, JUMPING 315.7 AND 78.4 PER CENT, RESPECTIVELY, IN THE PAST FIVE YEARS. HERE’S HOW THE SHIPMENTS LOOK LIKE

BURNING RUBBER • India’s automobile sector witnessed impressive growth in FY23, per data from the Society of Indian Automobile Manufacturers (Siam). This performance is also visible in the stock markets as the BSE Auto index outperformed the benchmark BSE Sensex in the last financial year. However, data shows that although sales of commercial vehicles, two- and three-wheelers are showing an upward trend, they are still below pre-Covid-19 times. A look at the key numbers

DEEP SLIDE • The BT-C Fore Business Confidence Index is at its lowest in five quarters. That is a worrying sign for an economy that is buoyant relative to developed markets

Running Short • Data clearly shows that filling up vacancies at the Securities Appellate Tribunal has not always been high on the government’s priority list; currently it is one member short

BENCH STRENGTH

Shared Riches • With the ongoing tussle between digital and TV broadcasters of IPL, brands’ ad choices are getting split between the two mediums

Brewing Battle • Pret A Manger, which has forayed into the Indian market, will have to contend with larger rival Starbucks and Indians’ affinity for tea

A Double-edged Sword • With India’s population overtaking that of China, the country needs to find solutions to perennial problems like low job growth and holistic social support

Not Just Engine Trouble • While the problem with the Pratt & Whitney engine may be the primary reason for the trouble at Go First, the crisis was long brewing and its impact may last a while

GO FIRST

No Surprises Here • While India Inc.’s Q4FY23 results were mixed to muted, the global macroeconomic environment is weighing on some export-oriented sectors

THE RISE OF THE MACHINES • THE DEBATE AROUND ARTIFICIAL INTELLIGENCE BEING GOOD OR BAD FOR HUMANITY IS ENDLESS. THE SOLUTION IS TO FIND A MIDDLE PATH TO MANAGE IT WELL FOR HUMAN PROSPERITY

‘You are Batman’ • IN THE AUTO INDUSTRY, ARTIFICIAL INTELLIGENCE IS MOVING FROM THE MOVIES TO REAL LIFE. BUT THE ROBO ISN’T TAKING YOUR JOB YET

On your mark… • …GET, SET AND GO HAVE TO WAIT, AS THE CAPITAL MARKETS ARE YET TO EMBRACE TRUE AI. EVEN SO, THE THREAT TO JOBS IS REAL

iCoach • AI HAS HUGE POTENTIAL TO TRANSFORM THE EDUCATION LANDSCAPE, FOR BOTH STUDENTS AND TEACHERS. BUT WILL IT REPLACE THE TEACHER? NOT LIKELY

Healthy Future • HEALTHCARE AND PHARMA COMPANIES ARE TAKING TO AI IN A BIG WAY. AND THERE APPEARS TO BE NO FEAR OF JOB LOSSES

Code Meets Cognition • AI IS PUSHING THE BOUNDARIES OF WHAT’S POSSIBLE, HELPING ITeS FIRMS PROVIDE SOLUTIONS TO BOTH CLIENTS’ AND THEIR OWN PROBLEMS

Ready, Steady, Cargo! • LOGISTICS AS AN INDUSTRY IS RIPE FOR AI-LED DISRUPTION. BUT THE MAN-VERSUS-MACHINE DEBATE MIGHT BE PREMATURE

Robot in my Cart • AI IS TRANSFORMING CONSUMER GOODS AND RETAIL COMPANIES, AND THEIR BUSINESS MODELS, AT UNPRECEDENTED LEVELS

AI in Manufacturing Mode • COMPANIES WILL NEED TO UP THEIR GAME ON RESKILLING, CREATING DISRUPTIONS, MAKE INVESTMENTS AND YET DELIVER AS THEY HAVE IN THE PAST

The Machine Bankers • THE RISE OF MACHINE BANKERS IS ALL SET TO TRANSFORM THE BANKING SECTOR AND HAS SIGNIFICANT IMPLICATIONS FOR CUSTOMERS AND SHAREHOLDERS ALIKE

‘We do not understand how these systems work’ • STUART RUSSELL, PROFESSOR OF COMPUTER SCIENCE AT...