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The year 2024 marked a significant evolution in AI applications across various sectors, particularly in healthcare and fraud detection. Innovations like AI-driven features in Google Maps and Amazon's substantial investment in AI startups highlight the technology's growing importance. However, the year also brought challenges, including concerns over AI biases and the rise of deepfakes during the election season.
AI's impact is evident in everyday life, from personal assistants like Alexa to advanced surveillance technologies introduced by Panasonic. The establishment of India's first AI Data Bank aims to bolster national security and support innovative solutions. Despite the advancements, the emergence of deepfakes and misinformation raises critical questions about the ethical implications of AI technology.
• AI applications expanded significantly in healthcare and fraud detection in 2024.
• Concerns over AI biases and deepfakes emerged during the election year.
AI refers to machines performing cognitive functions typically associated with human intelligence, impacting various industries.
Deepfakes are realistic fake videos created using AI, raising concerns about misinformation during elections.
The AI Data Bank provides access to high-quality datasets for researchers and developers to enhance AI solutions.
Google's AI technologies, including Google Maps, are enhancing navigation and addressing misinformation challenges.
Amazon's investment in AI startups reflects its commitment to advancing AI applications in various sectors.
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