Technology
‘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.”
News Source : Gadgets 360
Technology
Surfaces of the Motorola Edge 50 Ultra with Snapdragon 8S Gen 3
Early this week, renders of the Edge 50 Fusion appeared, and Motorola has previously stated that the Edge 50 Pro will ship on April 3. The highest-end smartphone in the Edge 50 series, the Edge 50 Ultra, has now been shown in renders.
The phone is depicted in the renderings in peach fuzz and black with a vegan leather finish, while sisal, a beige color, will have a brushed surface. As opposed to the Snapdragon 7 Gen 3 in the Pro variant and the Snapdragon 6 Gen 1 in the Edge 50 Fusion, the phone is reportedly powered by the Snapdragon 8s Gen 3 SoC.
A 50MP primary camera, an ultra-wide camera, and a periscope telephoto camera with a 5x optical zoom are all included in the Motorola Edge 50 Ultra’s feature set. Additionally, there is a triple LED flash on the right side and a laser autofocus feature above the periscope lens.
Although the phone’s display, battery, and charging specifications are yet unknown, the Edge 50 Pro is said to include 12GB of RAM and support both 50W and 125W wired and wireless charging.
It is anticipated that this will launch as the Motorola X50 Ultra in China. It is unclear if the India launch may be expected on the same day as the rest of the Edge 50 series phones, even if this is scheduled to go official on April 3.
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