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Oct 23, 2024 | 
thedefiant.io | Anil K Sood
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Aug 19, 2024 | 
forbes.com | Anil K Sood
Anil Sood currently leads the AI Governance practice at EY Canada. Connect with him on LinkedIn. The views expressed here are personal. Generative AI has the potential to revolutionize the banking sector by introducing advanced capabilities in areas such as risk management, compliance and customer service. While banking institutions have been using conventional AI for more than a decade, the use of GenAI is still in its nascent stages, offering promising advancements and innovative solutions.
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Jul 24, 2024 | 
newindianexpress.com | Anil K Sood
The Economic Survey, released on July 22, suggested that we are doing well as the employment problem has been solved and households are doing fine. If we needed another proof that all is well, the central budget has provided that as it has made no effort to raise additional resources and allocate them to areas that matter the most for the country.
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Jul 23, 2024 | 
newindianexpress.com | Anil K Sood
The ideas and schemes announced in the budget are consistent with the analysis that the economic survey had provided us on Monday. Consequently, the message is – all is well, and we do not have to do anything significantly to accelerate growth or solve problems that households and businesses face, particularly lower and middle-income households and MSMEs.As for MSMEs, the belief is that credit will solve all their problems.
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Jul 22, 2024 | 
newindianexpress.com | Anil K Sood
MSMEs get a new nameWe now know that the MSMEs have been suffering for a long time, on account of our policy choices. They have received a new name, i.e., Mittelstand and it states that "deregulation is a vital contribution" for them to expand. While mentioning that the responsibility for action is at the state or local government level, the Mittelstands gain from bullet train and semi-conduction projects.
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Jun 26, 2024 | 
forbes.com | Anil K Sood
Anil Sood currently leads the AI Governance practice at EY Canada. Connect with him on LinkedIn. The views expressed here are personal. The advent of large language models (LLMs) has been one of the most significant technological breakthroughs in recent years, particularly since late 2022. These advanced artificial intelligence (AI) systems have created substantial ripples across various industries, with the ability to understand and generate human-like text revolutionizing how businesses operate.
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Jun 22, 2024 | 
newindianexpress.com | Anil K Sood
India has emerged as one of the fastest growing major economies in the world. But being the fastest growing economy with low per capita income, low and stagnant youth workforce participation level and low growth in productivity is, at best, a cause for celebration at an election rally. We still have around eighty crore people dependent on free ration. The household savings rates have declined and so have their financial savings rate.
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May 13, 2024 | 
forbes.com | Anil K Sood
Anil Sood currently leads the AI Governance practice at EY Canada. Connect with him on LinkedIn. The views expressed here are personal. Leading the financial services industry, banks have traditionally been at the forefront of digital transformation to enhance operational efficiency while adeptly managing associated operational risks through sound governance controls.
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Apr 30, 2024 | 
newindianexpress.com | Anil K Sood
The world's fastest growing economy? That we are and might continue to be. But then at our stage of development, the economy is only expected to grow faster than economies that have higher income, with older population and have built the required social and economic infrastructure ahead of us.
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Apr 22, 2024 | 
forbes.com | Anil K Sood
Anil Sood currently leads the AI Governance practice at EY Canada. Connect with him on LinkedIn. The views expressed here are personal. Artificial intelligence (AI) represents a profound technological revolution, redefining the limits of what machines can accomplish. AI has infiltrated countless arenas, from healthcare to finance to education, fundamentally altering operations, efficiencies and capabilities.
