JP Morgan

AI Is Another Tool, Not a Threat to India’s IT Services: JP Morgan Report

A recent JP Morgan report has reassured India’s IT services industry that artificial intelligence (AI) should be viewed as an enabling tool rather than a disruptive threat. The report emphasizes that while AI will transform workflows, enhance productivity, and automate repetitive tasks, it will not replace the core strengths of India’s IT services sector, which…

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IBM CEO

$1.5 Trillion Bets: IBM CEO Sounds Alarm on AI Spending, Says Current Tech Has 0-1% Chance of AGI

The global race to dominate artificial intelligence (AI) has reached unprecedented levels, with companies and governments pouring an estimated $1.5 trillion into AI-related investments. However, IBM CEO Arvind Krishna has sounded a cautionary note, warning that despite the massive spending, current AI technologies have only a 0-1% chance of achieving Artificial General Intelligence (AGI) in…

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