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Businesses urged to embrace potential of AI know-how

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Businesses urged to embrace potential of AI know-how

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Pictured from left are Mr Wiboon, Mr Chai and Mr Dhanawat, the panel speakers at the forum. Varuth Hirunyatheb
Pictured from left are Mr Wiboon, Mr Chai and Mr Dhanawat, the panel audio system on the discussion board. Varuth Hirunyatheb

Artificial intelligence (AI), particularly generative AI, can create new alternatives, rework industries with a brand new enterprise mannequin, and empower new methods of working with a digital co-pilot, however its utilisation and improvement must be primarily based on duty and governance to make sure it won’t be used inappropriately, say IT industrialists.

Dhanawat Suthumpun, managing director of Microsoft Thailand, stated there are a number of applied sciences which have modified the world, starting from the web and cellular know-how to the cloud and now AI.

AI represents a chance for everybody in the private and non-private sectors, Mr Dhanawat stated in a panel dialogue on the subject of “AI Revolution: Profits, Progress, and Perils”. It was a part of the Bangkok Post Tech Conference 2023 entitled “Thailand’s Innovation Redefined: New S-Curve, AI, and Virtual Banking” held on Wednesday.

AI is now prepared as a consumer interface that allows people to speak with computer systems by utilizing pure language, he added.

Moreover, Mr Dhanawat stated that AI might achieve insights from the knowledge. The presence of the big language mannequin from Chat GPT-4 is just like having a supercomputer sitting subsequent to you.

He in contrast AI to a co-pilot sitting subsequent to a human, aiding in lots of duties, from studying info to summarising content material for them, and will even assist flip human creativeness into photos.

Mr Dhanawat added that whereas AI can deliver alternatives, its utilization should include duty to ensure it might not be used within the mistaken approach. Its utilization requires governance, ethics, accountability, equity and transparency.

He stated that AI won’t exchange people. It might erase some jobs but additionally create new ones and produce new methods of working to enhance individuals’s productiveness. It could be individuals who management AI and make the ultimate choices on what it ought to do.

Mr Dhanawat stated he expects to see a brand new approach ahead with people co-creating content material with AI fairly than having the AI “auto piloting” work for them.

He additionally steered the Thai authorities create tremendous purposes for travellers by gathering tourism information and utilizing generative AI to recommend and suggest journey planning according to vacationer preferences.

Mr Dhanawat urged the federal government to allocate an enormous funds to construct an “AI Sandbox” for startups and state companies to be taught and work collectively on AI improvement.

At an enterprise stage, AI can empower organisations in each section to enhance their operations and productiveness, he added.

He steered people ought to open their minds to know AI, re-learn, reskill and work with AI to create extra profession alternatives and constructive impacts.

Mr Wiboon said that Artificial intelligence (AI) know-how and employees can work collectively to additional develop manufacturing processes and provide you with progressive merchandise in numerous industries.

TIME TO UPSKILL

Another panellist, Chai Wutiwiwatchai, government director of the National Electronics and Computer Technology Centre (Nectec), stated it was time for all enterprises to improve and upskill their AI literacy all through their taskforce as this progressive know-how might be a human’s co-pilot, enabling the power to seize enterprise alternatives and public advantages.

The AI ecosystem is being developed into Artificial General Intelligence, a hypothetical kind of AI that may have the power to carry out any mental activity {that a} human being can.

Meanwhile, AI improvement requires legal guidelines, ethics and requirements that must have transparency and accountability, amid safety, privateness and equity considerations.

Mr Chai stated AI can improve competitiveness, enhance services, and increase sustainability improvement for all enterprise sectors in addition to the general public sector.

To undertake AI, he stated there are three points wanted for enterprises to contemplate: advantages, easiness to pay and lengthen, and AI governance.

Mr Chai stated the governance method is a key driver to make sure AI reliability.

Last 12 months, the Ministry of Digital Economy and Society began offering the AI Governance Clinic to assist enterprises round tips and requirements compliance.

The workplace of National Digital Economy and Society Commission is drafting AI laws which might be a framework governing AI improvement within the nation, Mr Chai stated.

Recently the National Science and Technology Development Agency and the Electronic Transactions Development Agency collectively performed a examine on enterprise readiness to use AI know-how in providing digital providers.

The groups despatched questionnaires to companies in 10 sectors, overlaying 3,529 firms, with 565 respondents.

The examine discovered 15.2% of the companies have already carried out AI, 56.7% plan to undertake it sooner or later, and 28.2% wouldn’t have any plans.

HAND IN HAND

AI know-how and people can work collectively to additional develop manufacturing processes and provide you with progressive merchandise in numerous industries, stated Wiboon Rugsancharoenpol, deputy secretary-general of the Federation of Thai Industries (FTI).

“It is a challenging job for industries to adopt AI, which can enhance production capabilities and bring good results to businesses,” he instructed a panel titled “AI Revolution: Profits, Progress and Perils”.

Mr Wiboon is conscious of worries amongst many individuals over the adverse affect attributable to AI, which might disrupt industries and exchange employees, resulting in unemployment.

That is just not all the time true, he stated, as a result of many industries in Thailand are dealing with a labour scarcity. They want extra employees to assist run companies.

AI will help firms cope with numerous advanced jobs, however they nonetheless must be commanded by people as individuals have inventive energy, pushed by creativeness, to run their work. This exhibits that individuals are nonetheless extra necessary than AI, stated Mr Wiboon.

Yet the FTI desires to wake producers as much as the advantages of AI and get the dangle of this new know-how as it might probably assist them enhance manufacturing unit operations and cut back prices in the long run.

One downside is that many firms are frightened that they’ve inadequate budgets to put money into AI know-how, Mr Wiboon stated.

At current, solely a handful of firms are utilizing this know-how.

The FTI has cooperated carefully with the personal and authorities sectors to assist entrepreneurs enhance their companies via AI and provides all vital info to those that wish to undertake the know-how.

“The FTI and Nectec set up a joint committee to work on a programme to introduce AI to industries,” stated Mr Wiboon.

“We expect to launch the programme as soon as possible.”

This programme will assist the manufacturing and repair sectors have a larger understanding of AI and how you can apply it to companies.

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