Business/Technology

Artificial Intelligence (AI) is  catalyzing Socio -Economic Evolution transcending geopolitical boundaries

By : PARTHA ROY
 
Human societies  on  the planet Earth is under going fast paced evolution  with the introduction of Artificial Intelligence (AI) since 1950s. 
 AI is playing critically important role in areas of  national and international  security for more than half a century as well as maintaining global peace and harmony . 
 With the advancement of information technology and its wide spread application in various sectors  of  economy , AI is changing  the way of  doing business transcending many geopolitical socio-cultural barriers and challenges as well as promoting ” ease of doing business”  including increasing productivity, facilitating standardisation of quality , optimisation of resources deployment , supply chain & logistics management and more. 
A special session on AI titled “Artificial Intelligence: The Next Wave ”  was organised on 14th June 2024 in Kolkata by Calcutta Chamber of Commerce  which was established in 1830 , one of Asia’s oldest business chamber.
 
Three pioneer applicator of AI in various business processes and sectors and domain specialists from Kolkata ,  who had implemented  & implementing AI in various business activities  and made positive changes Shri Debashis Sen IAS ( Retired) Shri Sandeep Sengupta and Shri Sumesh Duggar  addressed  the special session . 
 
Debashis Sen spoke on scope & opportunity of application of  AI in  improving wide spectrum business activities in every sector of  industries and economy .  Sen mentioned AI improving productivity  & quality of services many fold . Sen said Kolkata ‘s Charnok Hospital is using AI to monitor patients. 
Sen also mentioned about role of AI  in improving treatment of patients, hospital management, service of  tourism & hospitality industries , telecommunication  , urban planning and development , education delivery mechanism as well as education as whole.
Sen stressed need for developing rules and regulations  on application of AI in collaboration with global stakeholders to avoid any misuse of AI  that can cause human made disaster in life of single individual to entire humanity. 
Sumesh Duggar mentioned he and his team have developed  AI technologies to understand emotions and expression. Duggar said adoptation of AI will increase creativity many times. Sandeep Sengupta said application of AI tools is enhancing Cybersecurity, improving crime detection , individual crime  analysis  and more. Sengupta also mentioned about prompt engineering. Sengupta said AI is a tool & will benefit humanity  when proper human ethics is used while deploying AI. 
Earlier Shri Hari Shankar Halwasiya  President of CCC in his welcome address mentioned about Human -AI collaboration with a view to introduce human agents at strategic points within otherwise automated systems.
 
Shri Anurag Jhunjhunwala Vice President CCC introduced the speakers  and moderated the session. 
CCCLF President Smt.Manjula Jain and  other members of Ladies Fourm attended the special session.
 Shri Anant Saharia Senior Vice-president CCC while delivering vote of thanks said AI can improve productivity for organisations as well as open up new paths of growth and development. 
 

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