AI is an integral part of our lives and promises a future even more advanced and modern than it is today. However, the development of AI does not come without complications. While some see AI as a blessing, there are many who are fearful of the fast developing technology.
The benefits of AI are far reaching. From medical care to automatic run businesses to self driving cars to home assistants; AI is everywhere! Not only does technology do the job in less time, it does so with more efficiency. Owing to the fact that AI does not need breaks and does not get tired compared to humans , Business owners now prefer AI run programs in order to cut costs and increase productivity. What's more people now task AI with doing dangerous and life threatening jobs.
The newly recruited Bomb robots help save many lives and we might even be seeing robots in outer space. AI is far better at predicting behaviour than the human mind. The best thing about AI is that it can take over mindless, repetitive tasks and give humans the opportunity to engage in more interesting jobs. AI also reduces the amount of human error that is possible when people are overworked or otherwise occupied. In our personal lives, thanks to AI we can navigate easier, set tasks and reminders and do simple tasks around the home at the snap of a finger. It can be argued that AI has made life simpler, comfortable and faster!
'' AI is about replacing human decision making with more sophisticated technology.''
- Falguni Desai
So what exactly are the fears related to the this lifestyle? Many people argue that AI's lack of ability to make decisions based on morals and compassion could lead to bigger problems. Replacement of basic human jobs will put many out of employment. Some fear a robot takeover once AI develops enough to outthink the human mind. Whatever these fears are, there is no doubt AI is here to stay. At least for now chances of a robot takeover seem slim. AI cannot create new knowledge so it seems we are safe for now.
Pakistani rupee saw marginal improvement against US dollar as it appreciated in the open bank market.
On Thursday, the US dollar moved up and was being quoted at 285.3 for buying and 288.15 for selling.
Euro moves down to 311 for buying and 314 for selling. British Pound rate stands at 358.5 for buying, and 361.5 for selling.
UAE Dirham AED stands at 78 whereas the Saudi Riyal rate stands at 76.20.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 285.3 | 288.15 |
Euro | EUR | 311 | 314 |
UK Pound Sterling | GBP | 358.5 | 361.5 |
U.A.E Dirham | AED | 78 | 78.7 |
Saudi Riyal | SAR | 76.2 | 77 |
Australian Dollar | AUD | 187.2 | 189 |
Bahrain Dinar | BHD | 759.67 | 767.67 |
Canadian Dollar | CAD | 209 | 211 |
China Yuan | CNY | 39.58 | 39.98 |
Danish Krone | DKK | 41.38 | 41.78 |
Hong Kong Dollar | HKD | 36.63 | 36.98 |
Indian Rupee | INR | 3.39 | 3.5 |
Japanese Yen | JPY | 1.49 | 1.56 |
Kuwaiti Dinar | KWD | 926.7 | 935.7 |
Malaysian Ringgit | MYR | 60.38 | 60.98 |
New Zealand Dollar | NZD | 173.44 | 175.44 |
Norwegians Krone | NOK | 26.25 | 26.55 |
Omani Riyal | OMR | 741.26 | 749.26 |
Qatari Riyal | QAR | 77.63 | 78.33 |
Singapore Dollar | SGD | 211 | 213 |
Swedish Korona | SEK | 26.93 | 27.23 |
Swiss Franc | CHF | 325.9 | 328.4 |
Thai Bhat | THB | 8.23 | 8.38 |
KARACHI – The gold price continues to climb up in the local market in line of upward trend in international market.
On Thursday, the single tola of 24 Karat gold was available at Rs218,600, and the price for 10-gram gold reached Rs187,420.
Meanwhile, the 22 Karat Gold price stands at Rs200,380, 21 karat rate for each tola is Rs191,275 and 18k gold rate hoveres around Rs163,950.
In international market, the price of precious metal hovers around $2,045 per ounce.
City | Gold | Silver |
Lahore | PKR 218,600 | PKR 2,675 |
Karachi | PKR 218,600 | PKR 2,675 |
Islamabad | PKR 218,600 | PKR 2,675 |
Peshawar | PKR 218,600 | PKR 2,675 |
Quetta | PKR 218,600 | PKR 2,675 |
Sialkot | PKR 218,600 | PKR 2,675 |
Attock | PKR 218,600 | PKR 2,675 |
Gujranwala | PKR 218,600 | PKR 2,675 |
Jehlum | PKR 218,600 | PKR 2,675 |
Multan | PKR 218,600 | PKR 2,675 |
Bahawalpur | PKR 218,600 | PKR 2,675 |
Gujrat | PKR 218,600 | PKR 2,675 |
Nawabshah | PKR 218,600 | PKR 2,675 |
Chakwal | PKR 218,600 | PKR 2,675 |
Hyderabad | PKR 218,600 | PKR 2,675 |
Nowshehra | PKR 218,600 | PKR 2,675 |
Sargodha | PKR 218,600 | PKR 2,675 |
Faisalabad | PKR 218,600 | PKR 2,675 |
Mirpur | PKR 218,600 | PKR 2,675 |
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