Question : Which of the following statement is correct regarding the report titled “Implications of AI on the Indian Economy” ?
(a) it is a study by Google, IT industry body Nasscom and think tank ICRIER
(b) one unit increase in Artificial Intelligence (AI) intensity by Indian firms can result in a 2.5 per cent increase in the country’s gross domestic product (GDP) in the immediate term
(c) AI intensity is measured as the ratio of AI to total sales of the firm, said the report
(d) All of the above
Answer (d)
Related facts —
Context
- One unit increase in Artificial Intelligence (AI) intensity by Indian firms can result in a 2.5 per cent increase in the country’s gross domestic product (GDP) in the immediate term, a study by Google, IT industry body Nasscom and think tank ICRIER revealed on Monday(27 July 2020).
AI Intensity
- AI intensity is measured as the ratio of AI to total sales of the firm, said the report titled “Implications of AI on the Indian Economy”.
- In the absence of a direct measure of AI at the firm level, the model uses investments in software, databases and computer machinery as a proxy for AI.
By — Pankaj Pandey.