CURRENT AFFAIRS

Detailed explanation-1: -The National Institution for Transforming India, or the NITI Aayog, a policy think tank of the Government of India, has signed a statement of intent (SoI) with Google LLC, an American multinational technology company, to jointly work on artificial intelligence (AI) and machine learning (ML).

Detailed explanation-2: -IBM is a leader in the field of artificial intelligence. Its efforts in recent years center around IBM Watson, an AI-based cognitive service, AI software as a service, and scale-out systems designed for delivering cloud-based analytics and AI services.

Detailed explanation-3: -This culminated in 2021, with the release of a two-part approach paper, identifying principles for responsible design, development, and deployment of artificial intelligence (AI) in India, and setting out enforcement mechanisms for the operationalisation of these principles (RAI principles).

Detailed explanation-4: -The report ‘2022 State of the Education Report (SOER) for India: Artificial Intelligence in Education – Here, There and Everywhere’ shows that AI will grow at the rate of 20.2% compound annual growth (CAGR).