How Really AI Transforms Business Operations and Enhances Competitive Advantage? An Indian Angle

From Abhivardhan, our Chairperson

The conference engagements continue from Delhi, at India Mobile Congress 2024 to Mumbai, at World AI Show India 2024 by Trescon.

I was honoured to participate in a panel discussion on the transformative impact of AI on business operations and its role in enhancing competitive advantage, moderated by Akshay Yadava, Director, Unique Identification Authority of India (UIDAI).

It was also my pleasure to present him my AI and International Law book published by BPB (link to the book: https://amzn.in/d/4P3wlHU).

The discussion focused on key areas such as:

Ethical AI: Exploring the ethical considerations surrounding AI usage. 🤖

Compliance and Requirements: Balancing regulatory compliance with business needs. Vishal Bhatia and Aniket Shah's points were a delight to hear (do watch the complete video once it's out.) ⚖️

Data Sets: Building and scaling large and effective datasets for AI applications. 📊

Predictive Analytics: Leveraging AI for predictive modeling and forecasting. 🔮

Digital Twins: Examining emerging trends in the development and application of digital twins. Gaurav Singh, PhD added some incredible insights on the trends on digital twins. I also liked his point about automation + augmentation driving compliance efforts. In that case, it creates a meta-situation of guidelines for compliance infra, to adhere with by-laws. 🤖

AI Benefits and Challenges: Evaluating the advantages of AI in process enhancement while addressing concerns about job displacement and potential threats. 🤔

Even overall, today's panels at the event were engaging & context-specific, in their own unique ways. Delighted to see the organisers keeping the focus of the event intact with the business & technical audience.