On January 11th, 2025, MET Institute of Management in association with Leader's Guild, hosted an AI Symposium for the Semester II students of MMS 2024-26, centered around the theme "Ethical AI: Building Trust in the World of Digitalization."

The session featured Mr. Udit Pahwa, CIO, Blue Star Limited, who provided an insightful knowledge on ‘Untrained ethics in Trained AI’. He highlighted the significance of maintaining ethical frameworks while developing AI systems to ensure trust and accountability in the digital age.

Additionally, Mr. Pahwa elaborated on AI-driven recommendation engines, which are increasingly shaping consumer experiences. By analyzing user behaviors such as browsing history, purchase patterns, and preferences - AI systems offer personalized recommendations tailored to individual needs. While these systems enhance convenience and satisfaction, they also raise ethical considerations regarding data privacy, transparency, and consent. Understanding the balance between innovation and ethical responsibility is crucial for building long-term trust in AI technologies.

At the AI Symposium, Mr. Umesh Parshetye, Chief Technology Officer, Enam AMC, shared his expertise on the area related to automation and transformation.

Mr. Parshetye explained how ethical AI is driving the shift from automation to goal-oriented transformation. He emphasized key aspects such as resilience, efficiency, productivity, and the role of independent and augmented automation in creating meaningful change.

The session also explored practical applications, such as Robotic Process Automation (RPA) in accounting, where invoices are scanned and data processed using natural entity recognition, with human intervention ensuring data accuracy. Furthermore, Mr. Parshetye discussed the potential of Artificial General Intelligence (AGI) to reshape automation, fostering a more ethical and efficient future. This engaging session provided valuable insights into the ethical application of AI in today’s rapidly evolving digital landscape.

AI Symposium hosted a compelling panel discussion on 'Addressing Data Privacy Challenges with Innovation' as a part of the AI Symposium organized on 11th January 2025. The event brought together speakers from various companies with expert knowledge on the subject of AI and the emerging digital world.

Moderated by Mr. Rajendra Bhalerao, CISO - BFSI, the discussion focused on addressing data privacy and it's challenges with innovation and the panel featured notable speakers including Dr. Deval Mazumdar, Cybersecurity advisor - TJSB Bank, Mr. Udit Pahwa, CIO - Blue star limited,

Mr. Umesh Parshetye, CTO - Enam AMC, Mr. Ashish Desai, CIO - Aditya Birla Group and Mr. Vivek Vishwanathan, CIO - Work Store limited.

Dr. Deval Mazumdar focused on cybersecurity and its regulations by emphasizing on cyber laws, damage minimization when talking about data breach and quantum computing technologies.

Mr. Udit Pahwa focused on the profound impact of innovation in businesses by specifically focusing on 'AIfication - AI being a part of our daily lives' in the near future and impacting human lives.

Mr. Umesh Parshetye focused on compassion and emotions which separates humans from AI in the real world keeping in mind the current challenges faced when using AI and emphasized the emergence of Dark Web and it's destructive effects.

Mr. Ashish Desai focused on the need for expanding our technological skills and how we can use AI and Machine Learning to enhance business operations.

Mr. Vivek Vishwanathan focused on strategies to build innovation by learning from failures, investing smartly and how AI is used to automate our tasks and make good use of it.

The discussion provided valuable insights on AI and Data Privacy and how it is impacting the changing world with Innovation and sustainability.

Tags: MET Institute of Management