IIMB expert on AI & its impact on business and managers

Bangalore: The ninth episode of the series, on November 8th, featured a session by Prof. Rahul De, Professor in the Information Systems area at IIM Bangalore. He shared his insights on various aspects of Artificial Intelligence, especially with its relevance and implications for business and managers.

The episode focused on artificial intelligence developments, especially on the building blocks of it, i.e., hardware, data and algorithms. It brought insights into how simultaneous developments of computational abilities, more sophisticated algorithms such as deep learning, neural nets, reinforcement learning, genetic algorithms, and large volumes of data have led to broader scale applications of AI in numerous sectors. Prof. De discussed each aspect’s managerial and business implications for the audience to appreciate AI’s adoption in the industry, policy-making, and many other fields. He also answered questions on the current state of AI in the industry, which broadly falls into the realm of ‘weak’ or ‘narrow’ AI and observed how the AGI (Artificial General Intelligence), the holy grail of AI development, still remains a work in progress.

 

The podcast also touched upon the ethical and privacy concerns about AI with regard to the future of work. Prof. De explained that such concerns could be addressed through regulation and other frameworks that monitor the development of AI. He also discussed AI strategy for firms and why most firms fail to successfully leverage an AI strategy, and how they could rectify their strategy. Prof. De offered interesting examples from his experience of interacting with managers who have worked towards digital transformation and AI implementation in their firms.

Links to Episode 9:

On SoundCloud: https://bit.ly/355L5gt

On Spotify: https://spoti.fi/3k7kfcg

On Apple Podcasts: https://apple.co/3p2erV7

On Google Podcasts: https://bit.ly/3ezc5bq

The Communications Office and the Student Media Cell of IIM Bangalore launched the IIMB Podcast Series on July 12th, 2020. The Podcast series has grown into a platform to discuss business, economic, management and social issues. The Podcast series, which run twice a month – on the second and fourth Sunday, has the IIM Bangalore fraternity, including but not limited to the faculty members, alumni, and students, offering perspectives on contemporary concerns.

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