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‘Powered by AI’ Is Superfluous Marketing, Pure Hogwash: Zerodha

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3 years ago

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‘Powered by AI’ Is Superfluous Marketing, Pure Hogwash: Zerodha

People’s interest in artificial intelligence (AI) and machine learning (ML) has increased significantly, but not everyone believes in their applications in making life (or business) easier. Nithin Kamath, the founder of Zerodha, questioned their efficiency. Although he himself did not comment on the use of AI and ML in the brokerage industry, he shared what his company’s “behind the scenes”-Zerodha’s CTO Kailash Nadh-had to say. Nadh stated that most of the “AI-driven” claims are “redundant marketing and sheer nonsense.”

Kamath tweeted that he was repeatedly asked how or if Zerodha uses AI or ML, and he kept saying that he “has not found” any use cases. So Kamath decided to ask Nadh this question and shared Nadh’s response on Twitter.

Nadh said that in addition to using product image recognition tools to process images, Zerodha does not use any artificial intelligence or machine learning systems during the on-boarding process. The company has not encountered any problems. He also said that many brokers publicly promoted “artificial intelligence driven”, but none reported any usage. He added that this conclusion is based on Zerodha’s interaction with the market regulator SEBI, which conducted a quarterly survey of the AI ​​or ML usage of all brokers in India. “From the perspective of my interactions with the industry, I strongly tend to say that most of the statements “driven by artificial intelligence” are redundant marketing, pure nonsense. Most of the use of AI or ML, if any, is OK A commodity tool that simply plugs in does not even need to be mentioned, let alone powerful’AI-driven’ marketing,” Nadh said.

The CTO added in his note that all “artificial intelligence first mentalities” in the industry are basically powerful cases of “misleading assumptions, outright delusions, and usual intellectual dishonesty.” Nadh also stated that he is “highly skeptical” about anything labeled “powered by AI.”

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Hollywood

Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

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2 weeks ago

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October 22, 2024

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Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

Tom Holland, last seen in Apple TV show The Crowded Room last year, has signed his next with Academy Award-winning filmmaker Christopher Nolan.

Tom Holland is going to have a very busy 2025. As per The Hollywood Reporter, the actor has signed Christopher Nolan’s next, which he will juggle the filming of with that of the long-awaited Spider-Man 4. (Also Read – Tom Holland shares why he left alcohol behind: ‘Struggling without booze…’)

Tom signs Nolan’s next

This will mark the first collaboration between Tom and Christopher. While details of his next directorial aren’t known yet, it’s most likely not to have a contemporary setting. It’ll be either set in the past like, his previous film Oppenheimer (2023), or in the future like Interstellar (2014). Matt Damon, who has worked with Christopher in both, has also come on board his next.

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Christopher’s next will be co-produced by him and his wife Emma Thomas’ banner Syncopy Inc and Universal Pictures, as the two production houses will team up after the Academy Award-winning blockbuster Oppenheimer last year. Prior to Oppenheimer, Christopher collaborated mostly with Warner Bros before having a fallout post the debacle of Tenet (2020).

Warner Bros then went on to produce Greta Gerwig’s musical satire Barbie, which clashed with Oppenheimer at the box office and even outperformed it globally. Warner Bros offered Christopher a cheque for the fees he waived off for helming Tenet during the pandemic. While Christopher graciously accepted the belated remuneration, he still went on to pitch his next to Warner Bros.

Tom’s busy schedule

Tom didn’t have any release this year. His last outing was Todd Graff’s psychological thriller show The Crowded Room on Apple TV last year. He’ll juggle the filming of Christopher Nolan’s next and Spider-Man 4 in 2025. Tom has been playing the superhero ever since Russo Brothers’ 2016 blockbuster Captain America: Civil War. He’s slipped into the Peter Parker shoes post that for three standalone films and two Avengers movies. Spider-Man 4 will be helmed by Shang-Chi and the Legend of the Ten Rings director Destin Daniel Cretton.

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As Tom’s girlfriend and co-star Zendaya will be busy filming Spider-Man 4 in 2025, she’ll reprise her role of Chani in Denis Villeneuve’s sci-fi spectacle Dune 3 only in 2026. Meanwhile, Tom is also likely to make an appearance as Spider-Man in Russo Brothers’ Avengers: Doomsday, which will go on floors in the spring of 2025.

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