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Category: Digital Transformation

  • What are the Risks associated with Artificial Intelligence ( AI)? How to mitigate them?

    What are the Risks associated with Artificial Intelligence ( AI)? How to mitigate them?

    Reading Time: 3 minutes

    What are the Risks Associated with Artificial Intelligence ( AI) – Artificial intelligence is trending today. We can see how the face of literally all the apps, websites, and even toys has been changing with AI. The software industry also has seen a new phase of exceptional quality standards with artificial intelligence.

    Everything is transforming with new trends. But excess of everything is bad. We must not ignore the fact that AI has its own set of risks that can endanger life too. 

    Here we will discuss, in short, how organizations can reap the benefits of new trends by leveraging AI and minimizing or mitigating the risks.

    Risks associated with AI

    Inadvertent Vulnerabilities. 

    AI is backed by a Large Language Model (LLM ) that has been made and trained with code of dubious origin, also known as garbage in, garbage out. Therefore such code often exposes us to harmful vulnerabilities.

    IP ownership complexity

    Ownership and right over property have always been an issue. AI is also exposed to the same as intellectual copyrights, property rights, and ownership with regard to AI-generated code are still under process.

    For example, AI-generated code based on open-source software fails to adhere to the license requirements of the respective software and, thus, is a copyright violation. 

    As such, many legal precedents and guidelines are framed to preserve the same and minimize the issue of IP ownership with AI generative coding.

    Code scalability and Maintainance

    AI-generated code is a result of immediate and quick resolution, but in the long term, it doesn’t work out. As such code is difficult to read and understand, it may become a hindrance when it comes to scalability and maintenance. Also, we cannot ignore the fact that AI code may not align with quality and design too.

    Certainly, there are risks associated with AI, but using it with caution and proper guidance can bring huge benefits. Developer productivity can increase multiple times if channelized the correct way. Here are a few guidelines that can help minimize the risk of Artificial intelligence –

    Take charge of senior developer.

    AI may take all of your burdens and help you write effective code as per your needs but never get down the seat of the Senior. Always treat AI as your junior and inculcate the ideology of skepticism. Be vigilant and try to find mistakes as it may become risks associated with AI.

    Review and Test

    Make it a priority to review the code consistently. AI generates codes, but they must not be taken for granted. Trust should be limited, and one must be alert and active while doing the reviews. Not only reviewing process must be done regularly, but testing should also be done before putting it to final use.

    Establish the limits

    Generative AI can produce things that are dangerous for society, and the pros may turn into cons for some, thus becoming a risk associated with AI. The limits need to be defined, and make proper arrangements. Users must feel the responsibility and make proper arrangements in the first place and not wait for the ill effects. The Hollywood movie MM3GAN, plot follows the eponymous artificially intelligent doll who develops self-awareness and becomes hostile toward anyone who comes between her and her human companion.

    Employee and machine relationship

    Ai is vulnerable, and giving AI to someone is like giving AK 47 to a child. You can very well feel the harm it can provide. Therefore AI must be handled by well-trained staff and a well-engineered software supply chain. The human resource must be capable and responsible enough to make use of AI generative codes as it may become an unintentional source of insecure code.

    Conclusion

    Undoubtedly, AI Ii today one of the invaluable and irreplaceable tools. Industries have seen a paradigm shift in the various platforms. We cannot ignore the cons but certainly make use of its advantages to its best. The judicious use of AI with a clear set of guidelines must be brought into circulation to avoid the risk associated with AI. Therefore to conclude, there must be a right balance between leveraging generative AI for productivity and certainly working to mitigate potential risks.

  • What is Metaverse ? 4 Pro tips to get ready for the Metaverse

    What is Metaverse ? 4 Pro tips to get ready for the Metaverse

    Reading Time: 3 minutes

    What is Metaverse? Metaverse is an amalgamation of various trending and advanced technologies like AR/VR, AI, 3D reconstruction, and more. It is an acquaintance with the new technology space that would eventually give you a new outlook on working with daily chores and making routine work easy.

    The world is buzzing with the word ‘Meta’. The futuristic concept is now the new reality. Meta verse is no longer an advanced technological concept. It is the present. It is the new reality in the technological universe. You can’t just ignore its strong presence in the world. Meta verse is truly omnipresent. 

    The term metaverse was first used in the year 1992 Sci-fi Novel “Snow Crash” by Neal Stephenson. Today in 2023 we can bet on its presence and importance in all varied industries. Its exceptional features and capabilities have a realm of intelligence that has the capacity to revolutionalize the gravity of the unachievable.

    The first takers on Metaverse

    Big industrial and technical giants like Roblox, Nike, and Adidas have already made their debut in Metaverse for achieving their marketing functions. The beautiful and mesmerizing TVCs give new insights into the world of new advancements. Virtual interactions with meta are trending and making people go awed by their abilities.

    This article will focus on the various ways that will tell you how to enter the Metaverse and make profits. 

    How to enter the Metaverse and make profits?

    Businesses study the business environment to analyze the new happening in the universe. They vigilantly observe the strength and weaknesses that give them the chance to shine bright with effective utilization of resources. Looking at the present trends it will take a mere span of 5-7 years for Metaverse to become the mainstream. Virtual reality is trending and the evolution of the new world is now not far away. 

    The 3d virtual space is now becoming the new foundation for businesses. The new stepping stones are being included in the form of experts and technological equipment. Here are a few factors that advocate the new technological universe of the metaverse.

    Choosing the Right Platform

    Similarly, Fortnite has also become a popular venue where people can attend virtual concerts by prominent celebrities like Travis Scott and Ariana Grande. You can choose the best platform that will help your business scale better in the Metaverse industry. 

    Take a name of industry and you can find the possibilities of the new arena technological advancement in the mainstream verticals. NFTs, cryptocurrencies, and Gaming are the few industries that have already taken the gear of virtual space with meta. Today, Roblox has over 47 Million active users that are witnessing the change in the Meta world. 

    Enhance Your Online Presence

    Your online presence plays a vital role if you want to be a player in the game of Metaverse. Your online existence will become the catalyst for making the best out of the new genre of meta. The ocean of metaverse is divine and the seabed will certainly have some treasures worth it. So make sure you outshine and make your place in the online segment through social media, websites, and e-commerce. The platform can give you a plethora of opportunities only if you dive in with your swimsuit of an online presence. 

    Choose the Right Target Audience

    Metaverse will make the world see the new version of virtual reality. If you are making use of metaverse to showcase your business and wish to align it to your business vision, you must choose your target audience. Your target audience will eventually help you decide the realm of meta to choose, will define your reach, and will help your e-commerce business to boost. For example, Nike’s TVC with meta verse makes you spellbound and is a perfect material to target the audience in the age bracket of 15- 35.

    What is the actual concept of the metaverse?

    Certainly, it works on the principle of making your users and audience engage and interact. The visual concepts promise an unparallel experience that makes you bet on the world of reality. You cannot escape the captivating effects it leaves that can place your product or service on the horizon of a spectacular arena.

    Your concepts can then actually make the customers come back and spend their limited resources to enjoy the view of the metaverse. This will in turn lead to retention and undoubtedly aim for new customers too. 

    Final Words

    Things always seem greener on the other side. As we spend time welcoming new beginnings in the technological universe, we cannot ignore the possibilities of its adverse effects. The future is meta, that is slowly evolving out, but remember not to forget the roots. The traditional methods never go wrong. Change is necessary but may invite problems too. The horizon of reality and virtual is slowly appearing in the real world. Contact our Web developers to make you ready and make the necessary accommodations to get yourself a safe flight in the land of meta. 

  • What is Digital Transformation in 2021? Necessity or Disruption?

    What is Digital Transformation in 2021? Necessity or Disruption?

    Reading Time: 3 minutes

    Digital transformation is an integral way of pervasively bringing change in the organizational departments that entails delivering value to its end-users or customers. It is a continuous process that involves adaptability, execution, experiment, evaluation, and control. 

    Let us understand it better.

    Understand it as a change in the school wing as the students enter the secondary classes. Gradually, all the students move on to new uniforms, rules, and norms to which comes a handful of complementary responsibilities. Some students understand the change, some students find the new change very welcoming, and are excited about the new everyday challenges. On the other hand, some students actually find it difficult to cope up with the new curriculum, timings, and responsibilities of being part of the senior wing.

    Similarly, the process of digital transformation works out in an organization. Some departments find themselves in continuous challenges, facing the status quo and addressing the new version of themselves. While some departments find the new change, automation, and digitalization thrilling and appealing. Digital transformation involves understanding the new change, getting accustomed and comfortable with the failures that may come while pervasively accepting the changes. 

    Digital transformation in 2021

    Covid pandemic 2021 gave us the biggest example as to what digital transformation meant to organizations. Institutions, departments, and companies took a new path that involved technology and process transformation. New business models with new modes of working became the new normal. Revenue streams after struggling a lot with customer expectations and product changes were able to pave out the way for themselves.

    This new thinking brought in new processes that concluded the new change. Traditional ways got transformed into digital products. Mobile apps and eCommerce platforms saw the best of their time with an unexpected boom. New software and technology acquaintances presented new product-based models that created value. Rapid application development brought in new ways of working and new business models.

    Embarking the transformation in 2021

    # Understanding the customer needs and aligning them with goals

    What is the basic step for any organization to succeed? Understanding the needs of the customers and aligning the organization models to achieve customer models. All the businesses strive to bring about the best strategy, marketing plan to achieve the business outcome. The principle behind this is to understand the customer’s logic and behavior while evaluating the need of the customer and then transforming the organization to achieve results.

    # IT as a model creator

    Digital transformation means adopting the new technology, inculcating it among the entire organization, and evaluating the results. The IT department that was once called in for fixing the wires and windows for the team has now transformed into an integral part of the organization. They are the model creators, understanding the need, the demand technology, and the desired outcome.

    # Responding to the customer expectations

    IT has shown its importance to everyone, from a small boutique shop to a startup and large organization. Businesses redesigned their ways of operation, followed new practices, and responded to customer expectations to bring in results. This involved using cloud software and artificial intelligence in everyday business functions. 

    # Getting acquainted with Digital

    Software, apps, and technologies seem to touch our lives very deeply. Every action of yours is an aftereffect of digital transformation only. Cloud software, remote working, DevOps, CI/CD, and other modern technologies are the need of the hour. Organizations are trying to implement the same in the system to bring about a change. The staff and the customers need to get acquainted with the apps and technology.

    Why Digital Transformation?

    If everything is going on perfectly fine why do we need this? Let’s dive in deep.

    • * If I can draw the design with my hand using my stationery, why do I need software?
    • * My team can sign on the register for marking their presence. Why should I opt for finger sensors?
    • * I am happy with the traditional shop? Why do I need to reach the people on screens to show my products?

    Certainly, pandemic 2020-2021 gave the perfect answer to the above questions. With complete lockdown and a standstill worldwide only the ones that were on the path of digital transformation or the ones that adapted the technology could survive.

    1. * Softwares could show better options.
    2. * Remote working changed the scenario with virtual meetings.
    3. * Reels and eCommerce platforms ruled the market.

    Conclusion

    We need to cope up with the change. Change brings in diverse results. You may fail sometimes, but one must stand up learning from the mistakes. As we always say, Let’s make an automated web world. Sifars strives to bring in Digital Transformation. Let us all shine and rise. Let us bring in change by adopting the new technology trends and methods.