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AI Will Not Steal Your Job Anytime Soon, Say MIT Researchers

Only 23% of wages linked to vision-related tasks could be feasibly cost-effectively replaced by AI says a new MIT working paper. ....

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Budget 2024: 175 big MNCs' units gear up for new global minimum taxes, review rules

As per a PwC study, around 175 arms of multinationals operating in India qualify for consideration under Organisation for Economic Co-operation and Development (OECD) Base Erosion and Profit Shifting (BEPS) 2.0 Pillar Two regulations. ....

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Indian CEOs optimistic about economic growth and embrace of GenAI: PwC annual global CEO survey, ET Telecom

PwC: Adapting to changing customer preferences emerges as the prime reinvention driver for Indian CEOs. A majority (61 per cent) attribute shifts in how their companies create, deliver, and capture value to evolving customer preferences over the last five years. ....

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CEOs voice concerns over GenAI pitfalls

While CEOs expect to reap business value from generative AI, they are also concerned about the pitfalls of the tech, according to PwCs Global CEO Survey. ....

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Innovators seek the sweet spot between need and funding

One of the main reasons start-ups fail is because they have a solution in search of a problem rather than the other way around ....

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