In 2013, Google started a pioneering and ostentatious effort to manufacture robots. With time, its target has become self-effacing but with time the technology is also subtly more advanced. Since 2013, the internet company has depleted tens of millions of dollars in buying six robotics start-ups in Japan and in the United States. The project consisted of two teams that are majoring in machines that moved and looked like humans. Andy Rubin, the Vice President of engineering who was behind the effort of creating such projects named it Replicant in a nod to Google’s great ambition. Also, the name was used in a science-fiction movie called ‘Blade Runner’.

However, with the passing time over the next few years, Google sold off the companies that have been acquired by it or shut them down. The Japanese conglomerate SoftBank bought the best-known project named Boston Dynamics from Google.

In recent years, with the advancement of modern technology, Google accumulated and reassessed its target on the mechanics of complex robots. For the last few years, Google has been remodeling its program focusing on robots that are much more manageable and simpler than human-shaped machines.

Vincent Vanhoucke, who previously helped Google in building Google Brain that researches artificial intelligence is now leading the new robotics at Google. This new effort is called robotics at Google. It includes many of the engineers and researchers who worked under Mr. Rubin. Its new model will be able to learn skills independently using machine learning without human intervention, like traversing in a warehouse that is filled with unexpected objects. The machines may not impressive or attractive as the earlier humanoid robots but this more advanced technology incorporated inside them gives them more perspective in the real world.

In the warehouse and on factory floors, Robots are already in use but they can only operate certain specific tasks only like turning screws or picking up objects. Taking the help of machine learning Google wants the machines with which it is working to learn on their own.

The post GOOGLE MADE A COME BACK IN THE WORLD OF ROBOTICS appeared first on Artificial Intelligence.

Artificial intelligence can drive not only India’s economy but also the world economy

India is not only the world’s most populated nation, but also the youngest country in the world. The country is currently in the developing phase. But it has garnered global interest in terms of the fastest developing nation and digital adoption. This is largely because India has the 3rd largest startup ecosystem in the world, according to Startup India. And every year the number of startups in the country is snowballing. Like other countries, India is also making aggressive efforts to achieve the AI-led digital economy, with its “AIforAll” strategy.

The potential of artificial intelligence is not clandestine for today’s enterprises. It frees up organizations from expensive resources for higher-level tasks. AI reduces the time taken to perform a task, enabling multitasking and easing the workload for existing resources. It facilitates decision-making by making the process faster and smarter. It has mass-market potential and can be deployed in any business scenario, for any work, and in every industry.

With keeping such capabilities in mind, countries across the world have built their AI strategies. “AIforAll” aims at enhancing and empowering human capabilities to address the challenges of accessibility, affordability, scarcity and inconsistency of skilled talent. It is designed for the effective implementation of artificial intelligence initiatives to develop scalable solutions for emerging economies.

As artificial intelligence refers to a machine that mimics human behaviour and ability, it is being used in manufacturing, healthcare, agriculture, education and skilling.

AI Startup Ecosystem in Indian Economy

The IT and ITeS services segment is critical to India’s economy. In FY2020, the domestic revenue of the IT industry was estimated at US$44 billion and export revenue was at US$147 billion. The IT-BPM industry’s revenue was estimated at around US$191 billion, growing at 7.7% year over year. It is expected to reach US$350 billion by 2025. On the other side, revenue from the digital segment is expected to grow by 38% of the total industry revenue by 2025, to reach US$1 trillion (INR 69,89,000 crore) by 2025.

In the adoption of artificial intelligence technology, India is making good progress. A report from Accenture suggests that this technology can likely add US$957 billion, or 15% of India’s current gross value in 2035. This progress seems achievable as the country’s AI strategy emphasizes harnessing collaborations and partnerships, and aspires to ensure prosperity for all.

While India has been ranked second on the Stanford AI Vibrancy Index primarily for its large AI-trained workforce, leading technology institutes like the IITs, IIITs and NITs have the potential to be the cradle of AI researchers and startups. With India’s push for digitization and AI initiatives, private firms now are racing to win big contracts by spending huge capital to develop new technologies and spinning out new AI and data science-based startups.

Today, the country is on the way to be a major contributor to AI-powered solutions that address issues not only in India but around the world. For instance, HyperVerge, a B2B SaaS company, builds AI models for real-time image and video analysis. Its deep learning networks power applications for large businesses in financial services, telecom, energy, security and defense. Similarly, India’s eCommerce giant Flipkart is powering its decisions in ordering, distribution and product pricing on its platform using AI.

For big techies and firms, artificial intelligence can foster growth and profitability while transforming businesses. It can help drive innovation for entrepreneurs and young companies while improving public safety and advancing the quality of lives in society as a whole.

The post HOW CAN MADE IN INDIA ARTIFICIAL INTELLIGENCE REVOLUTIONIZE THE WORLD? appeared first on Artificial Intelligence.