In the era of the fourth industrial revolution, mere tinkering with existing government procedures will not enhance India's economic competitiveness, says Pranjal Sharma.
Physical advisors have been receiving tough competition from algorithm-based investment counselling and robo-advisories.
The Indian Army has an inventory of over 500,000 items. At any time, the army has to be ready to rapidly deploy resources to various locations at short notice. Improved efficiency can occur with automation- and technology-based processes.
The WEF meeting is crucial because of its theme encompassing globalisation at the time of rising nationalism and trade war, and the fourth industrial revolution due to rapid strides being made in robotics and artificial intelligence.
The recent drone scare at London's Gatwick airport has exposed the lack of preparedness against drones, says Pranjal Sharma.
Drones, high capacity auto prime pumps, autonomous vehicles, robots, all played a role in the seemingly impossible rescue, reports Pranjal Sharma.
Without our realisation, basic AI is already managing our personal and work lives through emails, work processes and even entertainment
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