Elon Musk Reveals He Named 'OpenAI'

Elon Musk named ‘OpenAI’ to democratize AI, recently dropped lawsuit over deviation from non-profit mission.

June 20, 2024, New Delhi – Billionaire Elon Musk recently disclosed that he named the artificial intelligence firm ‘OpenAI’ when it was founded in 2015. Musk explained that in a world where Google dominated the AI sector, OpenAI was “formed with a lot of good intentions” to democratize AI and promote ethical development. Musk confirmed […]

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AI to Transform 12 Million Jobs by 2030, Says McKinsey Report

Artificial Intelligence (AI) is set to revolutionize the job market by 2030, causing nearly 12 million job changes, according to a recent McKinsey report. The sectors most affected will include healthcare, STEM fields, administrative support, sales, and manufacturing. Impact on Job Sectors The McKinsey report highlights that generative AI and automation will impact around 30% […]