B.E – Artificial Intelligence & Machine Leaning (AI & ML)
Sir MVIT is adding a New Undergraduate Branch : Artificial Intelligence & Machine Learning (AI & ML) from the Academic Year 2022-23 which has been approved by All India Council for Technical Education, New Delhi with an intake of 60 seats.
Artificial intelligence is a field of study in computing science that allows a system to complete tasks we typically associate with cognitive functions such as reasoning, strategizing and problem-solving, without requiring an explicit solution for every variation. Machine learning is a set of computational techniques, within a larger system, that use data to create models that make predictions about future data. Increasing digitalization of the economy and society major industries & sectors rely heavily on Artificial Intelligence and Machine Learning to optimize their business better.
Artificial Intelligence and Machine Learning is ideal for students who desire to learn how to program computer systems to learn from data and perform complex tasks normally associated with human-level intelligence. During the tenure of this program, students shall develop an understanding of the trending abstract models for AI&ML Technology and apply them in a wide range of industries.
Digitalization of society is changing the ways people act and interact. United Nation report "Digital Economy Report 2021" estimates Global Monthly data traffic to be 780 exabytes by 2026.
Artificial Intelligence adoption is expected to be worth $190 billion by 2025. By 2030, AI technology will add $15.7 trillion to global gross domestic product (GDP). According to the International Data Corporation (IDC), the AI market in India is projected to reach $ 7.8 billion by 2025. Report from Accenture ‘Rewire for Growth’ stated that AI has the potential to add nearly $957 billion, or 15% to the India's current gross value in 2035.
AI could enable the accomplishment of 134 targets — out of 169 — across all U.N. Sustainable Development Goals.
Report from Gartner indicates AI/ML would create 2.3 million jobs by the year 2026.
Job Opportunities
- Artificial Intelligence Data Analyst / Developer / Engineer / Expert
- Applied Artificial Intelligence Engineer
- Automation Engineer
- Business Intelligence Analyst / Developer
- Data Analyst / Engineer / Scientist
- Data Security Analyst / Engineer
- Machine Learning Architect / Developer / Engineer / Expert
- Research Scientist
- Software Analyst
Council of Europe COE- History of Artificial Intelligence
https://www.coe.int/en/web/artificial-intelligence/history-of-ai1956-The term "AI" could be attributed to John McCarthy of MIT (Massachusetts Institute of Technology), which Marvin Minsky (Carnegie-Mellon University) defines as "the construction of computer programs that engage in tasks that are currently more satisfactorily performed by human beings because they require high-level mental processes such as: perceptual learning, memory organization and critical reasoning.
NASSCOM launches first AI Adoption Index for Indiahttps://indiaai.gov.in/news/nasscom-launches-first-ai-adoption-index-for-india
NASSCOM, along with EY and with support from Microsoft, EXL and Capgemini, has developed a first-of-its-kind AI Adoption Index for India. The study 'Tracking India's Sectoral Progress on AI Adoption' intends to assess AI adoption in India and dive deep into the four key sectors which are leading India's AI story - Banking and Financial Services (BFSI), Consumer Products and Retail, Healthcare, and Industrials and Automotive which contribute nearly about 70 per cent of the $500 billion in value that AI and data can unlock for India.
‘AI in Defense’ (AIDef) symposium and exhibition75 Artificial Intelligence products/technologies -https://pib.gov.in/PressReleasePage.aspx?PRID=1840740
The products, launched as part of ‘Azadi Ka Amrit Mahotsav’ celebrations, fall under various domains. These include AI Platform Automation; Autonomous / Unmanned / Robotics systems; Blockchain based Automation; Command, Control, Communication, Computer & Intelligence, Surveillance & Reconnaissance; Cyber Security; Human Behavioral Analysis; Intelligent Monitoring Systems; Lethal Autonomous Weapon Systems; Logistics and Supply Chain Management, Operational Data Analytics; Manufacturing and Maintenance; Simulators / Test Equipment and speech/voice analysis using Natural Language Processing.
AI/ML adoption in the Public Sector: Three ways to get started
Machine learning (ML) and Artificial Intelligence (AI) are creating more personalized and easier digital experiences for constituents.
India’s Artificial Intelligence (AI) market is expected to witness a growth of 20% over the next five years https://www.hindustantimes.com/business/indias-ai-market-likely-to-see-20-growth-over-next-five-years-report-101656480360788.html
Joint study conducted by Microsoft and the Internet and Mobile Association of India (IAMAI)
AI and ML will help Life Sciences companies develop treatments faster and more efficiently in the future, reducing the costs of health care, while making it more accessible to patients.
UNESCO - Recommendation on the Ethics of Artificial Intelligence https://unesdoc.unesco.org/ark:/48223/pf0000381137
UNESCO’s groundbreaking document which was adopted in November 2021 by the 193 UNESCO Member States which defines a set of common values and principles for the healthy development and deployment of AI technologies around the world.
