Powered by: Motilal Oswal
2025-01-24 10:09:35 am | Source: Accord Fintech
India poised for global leadership position in area of artificial innovation: Ashwini Vaishnaw
India poised for global leadership position in area of artificial innovation: Ashwini Vaishnaw

Union Minister Ashwini Vaishnaw has said that India is poised for a global leadership position in the area of artificial innovation just like it has proven its mettle in IT services. He said all necessary regulations would be in place for AI while maintaining a balance with innovation. Talking about a united India face at Davos this time, he said ‘Prime Minister Narendra Modi had told us clearly that the Indian pavilion this time in Davos should integrate all states. That has sent a very good signal this time for a unified image of the country. Leaders from 5-6 different parties came together on one stage.’

He said people across the world now understand how India could stay on a sustained growth path when many other countries went deep under debt. On misinformation and mistrust emerging as biggest threats globally as identified by the World Economic Forum and challenges posed by AI, he said ‘we will definitely need to take necessary safeguards but the opportunities presented by AI are also huge and they must be tapped responsibly.’

He stated ‘The way India has proved its mettle in IT services, a similar opportunity is there in terms of AI. For that we need to prepare our youth. Like we started 5G labs in 100 universities for telecom and the way we equipped 250 universities with latest semiconductor design tools, the same we are starting AI-ready courses in 200 universities to prepare our youth to ensure leadership position for India in the AI space.’

 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here