Tag Archives: AI

The Impact of Artificial Intelligence on Global Employment

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Artificial Intelligence (AI) is poised to reshape the employment landscape in advanced economies, with a projected impact on 60 percent of jobs, according to the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. Speaking ahead of the World Economic Forum in Davos, Switzerland, Georgieva highlighted key insights from …

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Artificial intelligence cannot replace the creativity of fashion designers

Egypt using its pyramids as a backdrop for concerts and fashion shows

AI is revolutionizing the fashion industry, but it will never replace the innate creativity of designers, according to the leader of a groundbreaking initiative. Calvin Wong, a pioneering fashion innovator, has introduced the Interactive Design Assistant for Fashion (AiDA), the world’s inaugural AI system guided by designers. AiDA employs image …

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China’s Artificial Intelligence investment expected to exceed 38 bln USD in 2027

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China’s investment in artificial intelligence (AI) is estimated to reach 38.1 billion U.S. dollars in 2027, accounting for about 9 percent of the world’s total, according to an industry report.? China has continued to boost its prowess in the AI sector in recent years, said global market research firm International …

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Global AI investments could hit $200bn by 2025

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Global artificial intelligence investments are projected to hit $200 billion by 2025 and could possibly have a bigger impact on gross domestic product, a study has revealed. AI investments will possibly take a few years to have a major impact on the economy, rising from a relatively slow starting point, …

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Tech rivals chase ChatGPT as AI race ramps up

What is Chat GPT? Complete Information about this new exciting technology

Chasing Microsoft, global tech giants have rolled out announcements on how they will implement ChatGPT-like artificial intelligence into their world leading platforms and applications, with YouTube the latest to present plans.                  Here is a roundup of how the world’s biggest tech companies …

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Pakistan’s first Artificial Intelligence Summit concludes

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Pakistan’s first Artificial Intelligence (AI) Summit organized by a leading end-to-end digital services company 10Pearls concluded at the Pak-China Friendship Center here Monday. The event was a massive success, with more than 1500 registrations, comprising professionals, students, enthusiasts and entrepreneurs. The AI Summit, first launched in 2019, aims to ‘explore …

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Artificial Intelligence (AI) can contribute significantly to IT Exports

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“The IT sector in Pakistan has shown consistent growth over the last few years, giving us a glimpse of its potential. Support from the government and the academia towards improving ease of doing business, tax concessions, promoting research and development, and producing skilled human resources can do wonders for Pakistan,” …

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