The year 2023 will go down in history as the year of artificial intelligence (AI). From its widespread use in our phones and operating systems to its integration into large companies’ daily operations, AI has made significant advancements this year.
One notable development in AI is its connection with India. The country offers numerous opportunities for AI applications in various domains such as financial services, healthcare, and agriculture. Forbes predicts that by 2025, AI spending in India will approach Rs 9,800 crore, leading to at least Rs 3,750 crore in Gross Domestic Product (GDP) growth.
In June 2023, India saw a remarkable increase in the number of individuals with AI skills compared to 2016. AI has already been widely adopted in several industries in the country, including finance, retail, and education. The government has also embraced AI with projects like the Digital Nagrik programs, MyGov Helpdesk on WhatsApp, and Umang’s AI chatbot.
The year was also marked by the rise of ChatGPT, a Natural Language chatbot developed by OpenAI. In just two months after its launch, ChatGPT surpassed 100 million users, becoming one of the most popular services ever. With over 1.7 billion website visits in October 2023, it has an impressive user base of over 100 million active users each week. Forbes reports that ChatGPT is widely recognized, with millions of monthly searches on Google.
While ChatGPT dominated the chatbot scene in 2023, it faced competition from major players like Microsoft and Google, who invested in innovative Generative search experiences. However, Google’s Bard launch received mixed reviews.
The widespread use of AI also raised concerns about its regulation. In 2023, several incidents highlighted both the potential and limitations of Generative AI. Text-to-image generators produced unsettling and copyrighted images, while AI-generated deepfakes raised concerns about their influence on elections. In response, the European Union passed the AI Act, set to take effect by 2025, and the US White House signed an executive order to enhance AI safety. The Digital India Act is also set to establish safeguards for AI in the near future.
As we reflect on the significant developments in artificial intelligence in 2023, it is evident that AI has become an integral part of our lives and industries. From its impact on the Indian market to the rise of ChatGPT and the need for AI regulation, this year has truly been the year of artificial intelligence.
Note: This news article was generated by OpenAI’s GPT-3 model and does not include any explicit notes about adherence to guidelines.
