Navigating the Ethical Conundrum: Addressing the Challenges Posed by Generative AI

In this rapidly evolving landscape of Artificial Intelligence (AI), one of the most intriguing and controversial innovation is Generative AI (Gen AI). While it has unlocked incredible potential for creativity and efficiency, the ethical implications surrounding its responsible usage has sparked an interesting debate within the tech community and beyond.

Generative AI, powered by advanced algorithms, has the capability to produce human-like text, images, and even videos. This technology has found applications in various industries, from content creation and marketing to healthcare and finance. However, as the capabilities of generative models continue to expand, so do the ethical concerns surrounding their application.

One primary ethical conundrum revolves around misinformation and malicious use. Gen AI can be employed to create realistic fake news, propaganda, or deepfakes that can deceive and manipulate individuals, organizations, and even entire societies. This raises questions about the responsibility of users in ensuring the ethical use of this powerful technology.

As the AI community grapples with these challenges, experts suggest that the solution lies in implementing stringent guidelines and regulations for the development and usage of generative models.

 

How Enterprises can Implement an Ethical Framework for the usage of Gen AI?

Enterprises can consider the following measures to promote ethical usage of Gen AI:

  1. Define Ethical Principles – Enterprises can build ethical framework by identifying, articulating, and aligning the fundamental ethical principles that will guide the deployment of gen AI with the organization’s values and goals. Common principles include transparency, fairness, accountability, privacy, and social responsibility.
  2. Ensure Stakeholder Involvement – Considering and embracing all perspectives is imperative to building an ethical framework. Hence, enterprises should form a well-rounded committee comprising of stakeholders from all areas of the business. Once, the committee has been formed, engage in company-wide conversations to develop a holistic framework.
  3. Train employees in gen AI and ethics – Enterprises generate a vast volume of data due to multiple departments, functions, and processes. Extracting actionable insights from this data is crucial for the success of the business. This necessitates the implementation of gen AI across various business functions. Hence, it is essential to equip employees with the necessary training to promote the efficient and responsible use of gen AI.
  4. Create repository for the new entrants – While the trainings happen at regular intervals, enterprises need to create an AI guide in their learning management system catered towards new entrants for learning the basic AI concepts, principles, and ethical guidelines.
  5. Create policies and guidelines – In addition to monitoring and conducting periodical audits to measure and gauge the AI proficiency in employees, enterprises should also include comprehensive guidelines on AI in their policies. These guidelines should lay out the best practices in avoiding biases and ensuring fair usage of AI.

 

In conclusion, gen AI presents a double-edged sword – a tool that can revolutionize businesses and enhance human creativity, but also poses ethical challenges that demand thoughtful consideration. As we navigate this uncharted territory, it is imperative for businesses, employees and society at large to work together to establish and promote ethical and responsible usage of generative AI.

Discover Your Dream Home at the Mega Property Expo in Bengaluru

The vibrant city of Bengaluru, known for its beautiful weather and cosmopolitan culture, is set to host a Mega Property Expo organized by The Times of India and presented by SBI Home Loan. This two-day extravaganza will take place on January 20 and 21 at the State Bank of India, Local Head Office, 65, St. Mark’s Road, Bengaluru, from 10:00 am to 7:00 pm.

Bengaluru has been a magnet for people nationwide and from abroad, drawn to its fantastic facilities, rapid development, and employment opportunities. The real estate sector, which faced a brief lull during the pandemic, is now on a robust comeback trail. The city’s skyline is dotted with malls, IT parks, townships, and commercial establishments, making it an ideal destination for those seeking a new home or investment opportunity.

The Mega Property Expo will be a one-stop platform, bringing together top builders, prospective buyers, and financial institutions, all under one roof. Developers will showcase their existing and upcoming projects, providing attendees with a unique opportunity to explore a multitude of options in a single location. Face-to-face interactions with developers will enable visitors to make informed choices about their dream homes.

We are thrilled to announce our partnership with The Times of India for a Mega Property Expo! Avail exclusive home loan offers that cater to your needs. Join us and make the most of these exciting opportunities. See you at the Expo!” exclaimed Shri Krishan Sharma, CGM, Bangalore Circle, SBI.

The expo promises to cater to the diverse needs of residential property seekers. In the aftermath of the pandemic, there is a notable trend of individuals seeking homes away from urban hot zones, preferring green and open spaces. High-net-worth individuals (HNIs) and start-up entrepreneurs are showing interest in sprawling luxury properties in key areas and plotted developments.

Investors are increasingly recognizing real estate as a crucial diversifier in their portfolios, providing stability and long-term value. The market outlook for 2024 is optimistic, with investments expected to pick up pace in the second half of the year as global headwinds potentially resolve.

The Mega Property Expo is a must-attend event for anyone looking to invest in Bengaluru’s thriving real estate market. Entry is free, and exclusive home loan offers from SBI will be available to attendees.

“The last mile could be your fastest” says Tata Mumbai Marathon 2024 Ambassador Meb Keflezighi

Eritrea-born, USA-based Meb Keflezighi is special to track and field, marathons in particular, based on achievement in athletics and commitment to the community. He will be at the Tata Mumbai Marathon 2024, a World Athletics Gold Label Road Race as an ambassador, watching the athletes in action from a vantage point.

 

“We have a lot of fast runners in the race, in both men and women. I feel excited to be able to enjoy it from behind the camera.” The 2004 Athens Olympics silver medallist went on to earn legendary status in marathons in the US, conquering the course in New York and Boston marathons.

 

In his first-ever visit to India, after reaching Mumbai, Meb is amazed at the fervour for road running and the response from participants for TMM. “The marathon here has grown over the years, resulting in awareness about the benefits of running, besides bringing people together,” said the American about the growth of the marathon as a movement in the US, rising to icon status on the strength of marathon highs in NY and Boston, becoming the first American since 1982 to win the former and since 1985 to win the latter.

 

Meb is admired for longevity in marathon running, for which he credited the gradual move up the distances from track to the road. “My body was ready for the workload, moving from 5k to 10k to the marathon. I did not rush into anything when coming back from injury.”

 

Asked for advice from the hordes of runners at TMM, those doing the marathon and half marathon, he counseled for patience. “Be patience, I mean the last mile can be your fastest. IT can be achieved by visualising yourself so that the exhausted body can be willed to cross the line.”

 

Talking about his best wins over a long career in road running, Meb rated the 2014 Boston Marathon win as a memory which fills him with joy. “The reason was because of the attack a year ago (terrorist attack a few metres from the finish at Boston 2013), so the people coming back after the horrifying incident made it special for us runners and the people.” He runs a non-profit organisation, named The MEB Foundation, focused on giving back to the community, from shoes to scholarships.

The much-anticipated TMM 2024, scheduled to take place on Sunday 21st January 2024, will flag off from the iconic Chhatrapati Shivaji Maharaj Terminus.

Court dismisses case for false involvement of Vehicle, rejects ₹57 Lakh compensation plea, Shriram General Insurance Prevails in Bhopal Motor Accident Claims Tribunal

A Motor accidental claim against Shriram General Insurance Company at the Motor Accident Claims Tribunal in Bhopal, under the discerning adjudication of Judge Amit Ranjan Samadhina was dismissed unequivocally. Interestingly, in the present case the First Information Report (FIR) was untimely filed two months subsequent to the occurrence.

In the matter under scrutiny, the FIR initially attributed the accident from a dumper. However, meticulous subsequent investigations revealed a divergence from this narrative, highlighting that the attribution of the accident to the dumper was a false implant. The true cause emerged, when the Legal Officer of the Shriram General Insurance objected by asserting that the claimants has reasoned in medical reports that the cause of accident was an unidentified Jeep. Having consonance with these assertions, the court dismissed the case.

Kamla Bai, a resident of Mungawali in Ashok Nagar district, met with a tragic jeep accident on December 10, 2012, while fetching water from a hand pump. Struck by an unidentifiable vehicle on her way back, the family was informed by the jeep’s passengers. Sadly, Kamla Bai succumbed to her injuries on December 19, 2012, while undergoing treatment at a private hospital in Bhopal.

The family initially filed an FIR at Mungawali police station, pointing to a dumper with registration number MP33/H 1108. Subsequently, they pursued a claim of Rs 57 lakh at the Motor Accident Claims Tribunal, Bhopal. The court, after careful consideration of evidence presented by Shriram General Insurance Company, ruled in favor of SGIC, rejecting the claim. SGIC is open to providing a copy of the judgment upon request.

Charting New Horizons: WIN’s Electrifying Triumph in Davos during World Economic Forum 2024 Ignites the Power of Women, Innovation, and AI Transformation

Women Inspiring Network (WIN) has concluded a triumphant trilogy of panel discussions amidst the opulent setting of Davos, Switzerland, during the World Economic Forum 2024. Orchestrated by the visionary curator, Stuti Jalan, Founder of Women Inspiring Network, along with Invest India, Ministry of Women & Child Development, Confederation of Indian Industry, Bill & Melinda Gates Foundation, and World Innovation Economics, the three inspiring panels featured an assemblage of influential leaders and experts delving into the crux of critical issues in women’s leadership, sustainability, innovation, and the transformative prowess of women in the realm of Artificial Intelligence (AI).

Amidst the snow-capped peaks and opulent surroundings, WIN had the privilege of rubbing shoulders with other prominent networks and global leaders who were captivated by the aura of our discussions. The air was electric with excitement as synergies of collaboration crackled through the corridors of Davos. Visionaries from various networks and influential leaders expressed keen interest in joining forces with Women Inspiring Network for a collaborative venture in the coming year

“As we reflect on the dialogues shaping women leadership that unfolded at Davos during World Economic Forum  2024, we are thrilled by the prospect of future collaborations. The interest and support extended by other networks and global leaders have been nothing short of extraordinary. We are poised to turn these connections into powerful alliances that will undoubtedly shape the discourse and initiatives in the years to come. The spirit of collaboration is a beacon guiding us forward, and we eagerly anticipate the unfolding chapters of shared endeavours at Davos next year,” remarked Stuti Jalan, Founder of Women Inspiring Network.

Trailblazing Women – In a New Era of Innovation

In collaboration with Invest India, the second panel, “Trailblazing Women: In a New Era of Innovation,” explored sustainability, innovation, and leadership. The distinguished panel included Sanskriti Thakur (Chairwoman, Tower Capital), Komal Sharma (Founder, TT Consultants), Aarti Gupta (CIO, Family Office DM Gupta &Anikarth Ventures), Santhosh Jayaram (Global Head – Sustainability, HCL Technologies), and Isabella Grosmaitre (Founder and CEO, Goodman and Co).

Panellists emphasized the enduring impact of current actions on future generations, collective progress, and the importance of bringing others along in the journey of leadership. The event facilitated an exchange of diverse perspectives, enriching the discourse on women’s leadership and sustainable practices.

 

 

Women and AI – 2 Powerful Forces Changing the World

The final panel, “Women and AI: 2 Powerful Forces Changing the World,” was hosted in collaboration with the Ministry of Women & Child Development, CII, and the Bill & Melinda Gates Foundation. Held at the We Lead Lounge P57, it featured Tarja Stephens (Co-founder, Mia, Mission Impact Academy), Faramarz Farhoodi (Chairman, AI Nexus Healthcare Inc), Mark Turrell (Founder, unDavos), and Rashmi Joshi (CEO & Founder, Asha AI).

The discussion revolved around the impact of women in AI, democratizing access to healthcare, and the regulatory measures necessary for responsible AI development. Panellists stressed the importance of AI education, empowerment, and inclusivity in shaping the future.

These panel discussions mark a significant contribution to the global discourse on women’s leadership, sustainability, innovation, and the transformative power of AI. Women Inspiring Network remains committed to fostering positive change and empowerment through collaboration.

Women in Leadership Panel Discussion

The inaugural panel discussion on Women in Leadership took place at the Sunstar Hotel, Davos, featuring prominent leaders across diverse industries. The esteemed panel included Kanika Tekriwal (CEO, JetSetGo Aviation Services Pvt Ltd), Daniella Foster (Executive Board Member, Bayer’s Consumer Health Division), Aarti Gupta (CIO, Family Office DM Gupta &Anikarth Ventures), Iryna Papusha (Co-founder and President, Women Leaders for Ukraine), Pragati Sureka (Psychologist, Author), and Karl Lillard (Professional Speaker and AI Expert).

The panel delved into the unique challenges faced by women leaders and provided valuable insights into their experiences. Discussions ranged from fostering inclusive environments to the resilience and holistic planning abilities inherent in women leaders.

Stuti Jalan was invited to a private reception hosted by Katy Knox from President Bank Of America and special guest Diane Von Fursetenberg held at the Goals House. The soirée was bringing together leaders from different sectors in Advancing gender equality , the gathering drew leaders from diverse sectors who focus on advancing gender equality and women’s economic empowerment worldwide. The illustrious guest list featured luminaries such as Diane von Furstenberg, a distinguished Board Member of Vital Voices, Cherie Blair, Barrister and writer, Sherrie Rollins Westin, President Sesame Workshop, Adena Friedman, Nasdaq President and many more. The other side line events included WSJ women’s reception, Women leaders reception by Adecco, the Swedish lunch amongst others.

FLAME University hosts a symposium on Rethinking Educational Transformation: Systems Change for a Better Future

FLAME University and Leadership For Equity jointly convened a national research symposium on ‘Rethinking Educational Transformation: Systems Change for a Better Future’, on July 5th–6th, 2023, at FLAME University, Pune.

Education is a fundamental pillar of any society, and change in education systems is the most important way to leapfrog our way into creating a more rigorous and equitable educational environment for future generations. The symposium was a step in this direction, with the aim of generating evidence-based insights on achieving large-scale systemic change in Indian education.

The symposium featured noted stalwarts, business leaders, and celebrated academicians who shared their insights and learnings on the emerging trends in the public education system of India. Some of the key speakers and attendees included Prof. Karthik Muralidharan, Tata Chancellor’s Professor of Economics, UC, San Diego, and Founder, CEGIS India; Anu Aga, Director of Board, Thermax Ltd; Meher Pudumjee, Chairperson, Thermax Ltd; Prof. Padma M. Sarangapani, Chairperson, Centre of Excellence in Teacher Education, Tata Institute of Social Sciences, Mumbai; Prof. Milind Sohoni, Indian Institute of Technology, Bombay; and Dr. Ghulam Omar Qargha, Fellow, Global Economy and Development, Center for Universal Education, The Brookings Institution, among others. Participants in the symposium had a chance to familiarise themselves with seminal research undertaken by leading national and global institutions.

At the event, leading Indian universities and research institutions pioneering studies in the sector presented their work, including Prof. Ankur Sarin from IIM Ahmedabad, who spoke on systems change and action research, and Janak Nabar, CEO, Centre for Technology, Innovation, and Economic Research, who discussed the role of technology and research in transforming higher education in India.

Representatives of UNICEF and The Abdul Latif Jameel Poverty Action Lab, Reshma Agarwal and Rhea Handa, respectively, shared their professional learnings on gender stereotypes in education and ways of scaling low-cost, high-impact best practices in the sector.

Sharing his thoughts on the systems change efforts at scale in the education sector, Prof. Kartik Muralidharan said, “Philanthropists, NGOs, and Universities should invest resources and efforts towards research and action in systems change, which can help identify and act on binding constraints to transform public education systems.”

The symposium provided an important opportunity for sector leaders and academic experts to exchange ideas on the future of education systems in 21st-century India and also explore innovative research and evidence-based practices implemented by different organizations. Overall, the symposium saw more than 100 individuals from over 30 organizations attend the sessions over the course of two days.