A couple of months ago, Zerodha CTO Kailash Nadh told AIM that the world needs to stop applying AI everywhere. He highlighted the problematic trend of implementing AI technologies, sometimes without thinking through the problem.
“AI should not really be looked at as a solution chasing a problem. You can’t predict all possible scenarios, so one has to be very careful [before adopting it],” he said.
Similarly, global professional services giant EY believes it’s not about using AI everywhere but applying it where it provides maximum value.
In September 2023, the company launched the artificial intelligence (AI) platform ‘EY.ai’, investing $1.4 billion to solidify its position as an AI-powered business. EY.ai unifies human capabilities with AI.
Following this, on July 1, EY launched ‘All in’ the EY global strategy, aiming to increase the company’s revenue through purposeful growth and targeted investments in areas like transformation, managed services and sustainability while maintaining a strong focus on …