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In the recently released report by PwC on the Artificial Intelligence (AI), consider the following statements:
1. India reported a 45 per cent increase in the use of AI, highest among all the nations.
2. India is the founding member of the Global Partnership on Artificial Intelligence (GPAI).
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
In the recently released report by PwC on the Artificial Intelligence ...
In News: As per a report by PwC (a global network of firms), India reported a 45% increase in the use of Artificial Intelligence, the highest among all countries, following the outbreak of the virus.
Option C is correct: According to the PwC report on AI, India reported a 45 per cent increase in the use of AI, the highest among all countries, while the US recorded a 35 per cent rise, the UK 23 per cent and Japan 28 per cent, following the outbreak of the virus. The sectors with the highest Covid-19 led disruption adopted AI solutions in a more definitive manner. In the travel and hospitality sector, 89% of firms have implemented AI in some form. Recently, India joins Global Partnership on Artificial Intelligence (GPAI) as a founding member to support the responsible and human-centric development and use of AI.
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Most Upvoted Answer
In the recently released report by PwC on the Artificial Intelligence ...
Statement 1: India reported a 45 per cent increase in the use of AI, highest among all the nations.

The first statement is correct. According to the recently released report by PwC on Artificial Intelligence, India has reported a 45% increase in the use of AI, which is the highest among all nations. This indicates that AI adoption and implementation in various sectors such as healthcare, education, finance, and manufacturing have significantly increased in India.

Statement 2: India is the founding member of the Global Partnership on Artificial Intelligence (GPAI).

The second statement is also correct. India is indeed a founding member of the Global Partnership on Artificial Intelligence (GPAI). The GPAI is an international and multi-stakeholder initiative that aims to guide the responsible development and use of AI. It was launched in June 2020 by the G7 countries, which include Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, along with Australia, India, Mexico, New Zealand, South Korea, and the European Union.

Explanation:

- The first statement highlights that India has reported a 45% increase in the use of AI, which is the highest among all nations. This indicates the growing adoption and implementation of AI technologies in various sectors in India. The PwC report likely provides more detailed information on the factors contributing to this increase and the specific areas where AI is being utilized.

- The second statement mentions that India is a founding member of the Global Partnership on Artificial Intelligence (GPAI). The GPAI is an important international initiative that brings together countries and stakeholders to collaborate on AI policy and research. As a founding member, India has the opportunity to contribute to global discussions and decision-making related to the responsible development and use of AI technologies.

- Overall, both statements are correct. India has experienced a significant increase in the use of AI, as reported by PwC. Additionally, India is a founding member of the Global Partnership on Artificial Intelligence (GPAI), which reflects its commitment to participating in global efforts to shape AI policies and practices.
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In the recently released report by PwC on the Artificial Intelligence (AI), consider the following statements:1. India reported a 45 per cent increase in the use of AI, highest among all the nations.2. India is the founding member of the Global Partnership on Artificial Intelligence (GPAI).Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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