GenAI demand skyrockets 411% globally since 2019; India leads in AI/ML job postings

Artificial intelligence's threat to services sector employment is a major challenge to Indian economy

As per Cornerstone’s SkyHive data, India led with 4.1 percent of its job postings focused on AI/ML and nearly 18 percent of data analytics jobs, reflecting its growing role in the global AI landscape between January and July 2024.

88% of Indian organizations open to global hiring for AI roles: Report

80 percent of the Indian organizations said that high salary expectations have deterred them from hiring AI talent (Photo: Unsplash)

According to Deel report, 80 organizations said that high salary expectations have deterred them from hiring AI talent. On the other hand, 56 percent of the respondents cited fierce competition from other companies as a significant challenge in attracting AI talent.

EU regulators to probe Google over its AI model, raises privacy concerns

The commission stated that the investigation will focus on whether Google properly evaluated whether PaLM2’s data processing presents a “high risk to the rights and freedoms of individuals” in the EU.

Ireland’s Data Protection Commission (DPC), the lead EU regulator for most of the top U.S. internet firms said that the probe concerned the Alphabet Inc (GOOGL.O), opens new tab unit’s Pathways Language Model 2 (PaLM 2).