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Google India Exec Says AI Could Add $500 Billion to Economy, Google Pay Claims 43% Market Share – Crowdfund Insider

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Artificial intelligence (AI) alone could potentially add $500 billion or half a trillion dollars to India’s economy, according to Google India Country Manager and VP, Sajay Gupta.

Gupta, who has previously worked as MD of Star India and The Walt Disney Company India, noted (while at the ‘ABP Infocom – The Next Normal’ event):

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“The COVID-19 pandemic has prompted us to use every tool at our disposal to address the challenges and opportunities before us.”

According to Gupta, AI can help in improving various processes such as the forecasting of floods and providing more accurate diagnosis of diseases. Google India has reportedly provided $10 billion for expanding the nation’s digital footprint.

Like in many other countries, the search engine giant dominates or is a major player in several key market segments in India. As confirmed by local media outlets, Google Pay currently holds around 43% of the country’s market share, followed by digital payments giant PhonePe.

Notably, India has been overtaken by the US which is currently Google Pay’s largest generator of new users, according to Apptopia data.

However, Google Pay adoption has been growing steadily in India with almost 200,000 new users in just the past week. The app was introduced around 7 years back in India as a basic payments service. Since then, the tech firm has updated its app with many new features. Indian users have downloaded the digital payments app millions of times.

Google Pay now comes with several useful features such as “tap to pay” and personal finance tools. It was ranked as the #1 finance app in Apple’s App Store and in Google Play in the US.

Meanwhile, in India, Google Pay was ranked number 1 in terms of total number of transactions performed in November 2020. The app handled 96 million transactions, according to the National Payments Corporation of India (NPCI).

As covered in November 2020, Google, part of Alphabet (NASDAQ:GOOG) is pushing deeper into Fintech with a redesigned Google Pay App in a natural step for one of the largest tech firms in the world.

Caesar Sengupta, General Manager & VP, Payments and Next Billion Users for Google, said last month that Google is “taking an important step forward in our quest to make money simple, secure and helpful.”

He added:

“Starting in the U.S., we’re launching a redesigned Google Pay app on Android and iOS. The new app is designed around your relationships with people and businesses. It helps you save money and gives you insights into your spending. It’s built with multiple layers of security to keep your money and information private and safe. And in 2021, it will give you the chance to apply for a new kind of digital bank account with trusted financial institutions.”

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Calgary woman who neglected elderly father spared jail term – Calgary Herald

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‘Ms. Picard does sincerely recognize what has happened here,’ the judge said of her willingness to complete community service

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Leaving her elderly father on a basement floor for two days in a soiled adult diaper won’t mean jail for a Calgary woman.

Justice Indra Maharaj accepted a joint Crown and defence submission on Wednesday for a two-year-less-a-day conditional sentence order for Tara Picard to be followed by 12 months of probation.

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Prosecutor Donna Spaner and defence counsel Shaun Leochko proposed a community-based term which will include eight months of 24-hour house arrest followed by a nightly curfew for the second eight months.

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Maharaj also agreed with the lawyers to order Picard to commit 300 hours of community service over the length of the three-year sentence.

The Calgary Court of Justice noted that amount of community-service hours was “a lot” to commit to.

But Maharaj said it showed Picard, 52, was truly remorseful for her conduct towards her father, whom Postmedia is not identifying because of the embarrassing nature of the facts of the case.

“What that shows me is Ms. Picard does sincerely recognize what has happened here,” the judge said of her willingness to complete community service.

“What I interpret from that is Ms. Picard’s willingness to give back to the community.”

Picard pleaded guilty in January to charges of assault and failing to provide the necessaries of life to her 77-year-old father.

Court heard caregivers found the elderly Calgary man on the basement floor of his daughter’s southeast home wearing a soiled adult diaper.

At the time, Picard was responsible for her father’s day-to-day care after he was moved to her residence, Spaner, reading from a statement of agreed facts, told court at the time.

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“He had a number of medical ailments, including non-insulin dependent diabetes, coronary artery disease, some early onset dementia-like symptoms and chronic alcoholism,” Spaner said.

“(He) had been living independently in a Calgary apartment building. Family members became concerned that he was not caring for himself safely.”

With the help of Alberta Health Services he was moved to a home where Picard resided.

A registered nurse assigned to his care attended the 38 Street S.E. home on Nov. 15, 2021, to drop off food bank supplies for him and was told he was sleeping downstairs.

When the nurse called about an hour and a half later and spoke to the man on the phone he said he was lying on the floor, had fallen and was unable to get up.

When she returned to the home with a co-worker she found the victim lying on his back on the floor.

“(He) said that he had been lying on the floor for two days,” Spaner said.

Leochko said Picard was overwhelmed by the situation she was thrust into.

“It really was more than she could handle,” he said.

KMartin@postmedia.com

X: @KMartinCourts

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Downhill Bikes of Sea Otter – Part 2

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@juanhall: I gotta say, this was the most interesting bike in this post….love that Intense is experimenting with gearboxes…I can see it have a huge effect on DH bikes….thank god there’s still people pushing things. Now, they need to make an Enduro bike with the Pinion MGU!

 

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Important updates regarding the Bob-Birnie Arena

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The City of Pointe-Claire would like to inform you that the Bob-Birnie arena will be closed for its annual maintenance as of Monday, April 29. The Annex rink will reopen to the public on Monday, May 13, and the arena’s Main rink will be accessible as of Monday, June 3.

Public skating will resume on May 13, and the summer public activities programming will begin on June 3 when both rinks have reopened to the public.

In addition to the annual maintenance of the facility, two renovation projects are also scheduled to start at the same time:

Installation of new sound systems

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The City will be replacing its current sound systems in both the Main rink and Annex rink, to offer arena visitors a better overall experience, whether watching from the stands or participating in on-ice activities. This project is expected to be conducted throughout the month of May.

Renovation of locker rooms in the Main Rink

The City will also be renovating the five locker rooms located in the Main rink, to bring up to date the amenities currently available to participants. These renovations are expected to begin in early May and will be completed by mid-August.

For all information about the Bob-Birnie arena, visit the arena’s page on our website.

 

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