00:00Over the past decade, women's participation in STEM fields has grown from just over 26% to 28%.
00:08But that still represents less than one-third of the workforce.
00:13At a Women in AI event, Mahadev Sibaran highlighted the ongoing challenge of gender parity.
00:20The challenge is gender parity.
00:24And this is where Ghost in the Machine enters the chat.
00:27We note with some concern how women are presented in this field.
00:32Often enough, this relates to the invisible work women frequently perform, I would say behind the scene and within the
00:40ecosystem that influences outcomes, improves systems and drives innovations.
00:47And you know what? Most times, those successes and those achievements go unnoticed and unrecognized.
00:54Meanwhile, the impact of artificial intelligence continues to expand rapidly across industries.
01:01In fact, our CEO, Harry Colum, which is the CEO for CIBC, our ultimate parent in Canada, last week indicated
01:10that AI-driven tools helped CIBC save 1.2 million hours of work in the first quarter of this year.
01:21But experts say there are still widespread misconceptions, including fears that AI will replace jobs.
01:28One of the most common misconceptions that I've seen is people think that AI is here to take their jobs
01:35or to replace them.
01:37But that's not always the case because AI has a lot of potential.
01:42And if we see it as a force multiplier or a tool that we can use to enhance our capabilities,
01:49then we can use AI to leverage our operations and everything we do on a day-to-day basis, especially
01:59in industry, where we have a lot of different tasks to do.
02:03There are also concerns about adopting foreign built AI systems that may not reflect local realities.
02:11We have a local context mismatch because we're adopting a lot of the foreign AI tools, right?
02:18And they are built on different realities, different data sets, different education systems, different healthcare systems, different realities.
02:25And when we adopt that AI model tool in our local context, it tends to see our realities as an
02:36anomaly because it doesn't recognize the patterns in those foreign data sets.
02:40And that eventually leads to a mistrust with subtrusting the AI systems that we use.
02:47Arvashita Wari Ruknarain, TV6 News.
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