It will likely go down representing many things, but probably none as significant as rightsizing IT. Rightsizing is not a new IT term, nor a new function. As companies at still facing uncertainty with revenue, staffing and technology direction, rightsizing comes into focus. While rightsizing is an ongoing normal function in highly mature IT organizations, it bubbles up more as a project in less mature organizations. Downturns are often a catalyst for rightsizing efforts within IT organizations.

When the artificial intelligence research lab OpenAI made ChatGPT publicly available last November, it immediately became a global sensation. The platform's ability to provide creative and seemingly organic answers to a vast array of questions has captivated millions of users and raised questions about the implications of the technology for a wide range of industries – particularly those that employ knowledge workers. And, recruiting is no exception – from creating interview questions and job ad templates to following up with candidates, ChatGPT has many potential applications in the field. However, it would be a mistake to treat the technology as a silver bullet. ChatGPT is undeniably impressive as a dynamic language model, but it also has a habit of getting basic questions wrong, providing nonsensical interpretations, and presenting these mistakes in a convincing way to users who aren't familiar with the subject matter at all.

Artificial Intelligence has been evolving at a breakneck speed due to numerous factors including India's foremost place in internet ranking in internet adoption. Currently, it is one of the booming technologies everyone wants to pursue. Huge technological advancements in the tech space over the decade created lakhs of jobs in India. As per the recent reports from Accenture, it is estimated that the growth of AI can contribute US $957 billion to India's economy in the next 15 years. AI has the potential to bring massive incremental value to various businesses, for example, manufacturing, Agriculture, energy, healthcare, and education.

So, here we are once more with a sense of nostalgia as one year comes to an end and another awaits to begin. But just as tech courses were in high demand in 2022, in 2023, technology courses will play an even bigger role in education and career opportunities. As technology is continuously evolving, there's always something new and exciting to pursue. As a matter of fact, you have to be constantly on the lookout for where technology is headed and stay relevant with new and cutting-edge skills. In other words, in the tech space, "you have to run, just to stand still".

Throughout the most recent years, as sensor and MCU costs dove and shipped volumes have gone through the roof, an ever-increasing number of organizations have attempted to exploit by adding sensor-driven embedded AI to their products. Automotive is driving the trend– the average non-autonomous vehicle presently has 100 sensors, sending information to 30-50 microcontrollers that run about 1m lines of code and create 1TB of data per vehicle every day. Extravagance vehicles may have twice the same number of, and autonomous vehicles increase the sensor check significantly more drastically. Industrial equipment is turning out to be progressively "brilliant" as creators of rotating, reciprocating and other types of equipment rush to add usefulness for condition monitoring and predictive support, and a huge number of new consumer products from toothbrushes, to vacuum cleaners, to fitness monitors add instrumentation and "smarts". An ever-increasing number of smart devices are being introduced each month. We are now at a point where artificial intelligence and machine learning in its exceptionally essential structure has discovered its way into the core of embedded devices.

Deal making landscape in the artificial intelligence (AI) tech space during 2014–2018 was dominated by global tech giants, according to GlobalData. Of the top five acquirers, four were based out of the US, with Ireland-based Accenture being the only exception in the list. The four US-based companies–Facebook, Microsoft, Apple and Splunk–collectively accounted for 30 acquisitions in the AI tech space during 2014–2018, whereas Accenture acquired six companies in this area during the period. Aurojyoti Bose, Financial Deals Analyst at GlobalData, said, "Technology companies have been the dominant deal makers in the AI space. However, with AI making inroads into diverse sectors, the buyer universe in expanding and the space is also attracting investments from non-technology companies."

Around a year ago, amidst numerous desktop browsers, a LinkedIn notification blinked expectantly. The freshly minted digital magazine of Forbes unleashing its 30 Under 30's. Intrigued, I hastily found the social entrepreneurship section. This was definitely very special. But it would take more than half a year since connecting with Emily on LinkedIn, to find the guts to actually reach out and hear more…because in reality, other than the recent Sciences Po course I took on algorithmic governance, I had underestimated how much potential AI had within law enforcement and justice.

Radhika previously worked in content marketing at three technology firms, and graduated from Sri Krishna College Of Engineering And Technology with a degree in Information Technology. According to the National Institute of Mental Health, the United States is currently battling a mental health epidemic. One in every five Americans struggles with mental illness in one form or another. According to the Center for Workplace Mental Health founded by the American Psychiatric Association, up to 7% of full-time workers in the U.S. suffer from major depressive disorder, the economic cost of which is estimated to be $210.5 billion per year. When compared to other developed nations, traditional healthcare in the U.S. is notoriously costly; mental healthcare, even more so.

If you are in the Information Technology space, you are likely knowledgeable on what artificial intelligence holds. In fact, considering AI, the future of Information Technology appears bleak to some experts but promising to others. Some workers are concerned with the future of their jobs. Yes, research reveals that automation and artificial intelligence could be coming for these jobs. In fact, there is a possibility of a replacement of over 22 million jobs within the next decade – in the United States alone.

More psychologists are now coming the tech space because they're trying to teach machines to become more social and sociable, according to BT's head of customer insight and futures, Dr Nicola Millard. "I'm not a technologist, I'm a psychologist – and it makes a lot of sense having me on-board because innovation in itself won't work unless people adopt it," she told CMO. "A psychologist in the team prevents us from getting carried away exclusively by the technology which often tech companies do." Leading the third largest innovation hum in the UK, Millard is responsible for tapping into the research and innovations that BT does for its global services clients. "I used to have a silly job title as a futurologist, and I hated that job title because everyone assumes you have a crystal ball," she said. "But I'm in global services so my clients are typically retailers, airlines and banks – big global corporates – and we often bring them around to our showcases of the retail store of the future, or the bank of the future, so they can have a play with our proof of concepts." While Astral Park in the UK is BT's main research hub, the company also has other centres dotted across the world including Abu Dhabi, Singapore University in Beijing and MIT in the US.