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The Bright Side of AI #7: Voice-Activated Payments in India, AI-Powered Recruitment on LinkedIn, and Urban Cleanliness in UAE
After a week that was light on uplifting stories and heavy on downers, we're back with a fresh installment of "The Bright Side of AI." Are you pumped to hear about this week's positive developments? Let's dive in!
India is making headlines again, and this time it's not just for landing on an uncharted part of the Moon. The country is also shaking up its Universal Payment Interface (UPI) with a groundbreaking new feature. Just to jog your memory, UPI is a payment system that kicked off in 2016, thanks to government initiatives. It allows for direct money transfers between bank accounts, whether it's for business transactions or peer-to-peer payments. The platform is already integrated with over 300 banks and is compatible with more than 60 mobile apps, including big names like Google Pay and Amazon Pay, as well as local favorites like Paytm and PhonePe.
With over 350 million users and plans to expand to Singapore, France, and Sri Lanka, UPI is about to get even cooler by adding voice-activated payments. This game-changing feature is powered by open-source AI tech developed by the Indian Institute of Technology Madras, and it'll support payments in both English and Hindi. While the nitty-gritty details are still under wraps, this innovation could open up banking services to a whole new demographic. So, keep your eyes peeled!
We've recently touched on how AI is making waves in the recruitment sector, along with the challenges it poses, like potential bias. Well, LinkedIn is also jumping on the AI bandwagon. The professional networking giant has rolled out two key features: the "Probability of Interest" tool and "AI-Assisted Messages".
The goal here is twofold: to help recruiters pinpoint the perfect candidates for job openings and to reach out to them with tailor-made messages.
The "Probability of Interest" tool uses AI to gauge which candidates are most likely to be interested in job offers, factoring in various elements like their "Open to Work" status and InMail response history. This allows recruiters to focus their efforts where they're most likely to pay off.
Once the AI identifies the best-fit candidates, the "AI-Assisted Messages" feature steps in to craft personalized InMails that spotlight each candidate's unique skills and qualities. And just so you know, a personalized message can boost a candidate's response rate by up to 40%.
As AI keeps evolving the recruitment landscape, LinkedIn's new features could be a game-changer for both recruiters and job seekers. Fingers crossed it doesn't lead to an influx of spam.
If you thought AI was only making strides in sectors like finance or healthcare, think again! BEEAH Tandeef, a waste management subsidiary of the BEEAH group, has just unleashed AI City Vision, a revolutionary system set to transform urban cleanliness in the United Arab Emirates.
This AI-powered 360-camera system is fitted onto garbage trucks and employs cutting-edge algorithms to analyze captured images and videos. The goal? To accurately assess the state of trash cans, detect overflowing waste, and even gauge the cleanliness of streets.
But wait, there's more! The AI also streamlines waste management processes, saving time and boosting efficiency. Overflowing trash cans are monitored through a dedicated portal, allowing for real-time adjustments to collection and cleaning routes. It's nothing short of a revolution in waste management!
The company is already gunning to be a global leader in tech and sustainable development. Time will tell if AI City Vision will be the key to a cleaner, more sustainable future for us all.
Whether it's making payments more accessible in India, fine-tuning recruitment strategies on LinkedIn, or transforming waste management in the UAE, one thing's for sure: AI keeps blowing our minds with its ability to enhance our daily lives. To stay in the loop, don't forget to follow us on Discord and Twitter.
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