Generative AI

GS4/GS3/GS1  Syllabus: Ethics/Society/ Science and Technology   Source: WEF   Context: In the wake of newly released models such as Stable Diffusion and ChatGPT, generative AI has become a ‘hot topic’ for technologists, investors, policymakers and society at large. What is Generative AI? Generative AI is a type of artificial intelligence that involves creating new, original …

How rising inflation could help Govt balance its fiscal maths

GS Paper 3 Syllabus: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment   Source: IE   Direction: The article discusses how high inflation can benefit the government’s fiscal calculations.   Context: Even though the high inflation rate of above 6% for most of this fiscal year forced the RBI …