17-07-2024 04:21 PM | Source: PR Agency
Quote on Pre budget expectation by Varun Babbar, MD, India and SAARC Qlik

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Below the Quote on Pre budget expectation  by Varun Babbar, MD, India and SAARC Qlik

 

As we anticipate the new government under Prime Minister Modi, we expect strong backing for the 'Viksit Bharat' initiative—a vision introduced for accelerating the nation's development and promoting economic inclusivity. This transformation requires placing technology at its core. Prioritizing the adoption of digital technologies across critical sectors, especially governance, will encourage inclusivity and efficiency in delivering social and welfare schemes.

 Increased investment in policies that simplify doing business and empower startups and emerging technologies, such as artificial intelligence (AI), is essential. As AI continues transforming sectors like healthcare, finance, manufacturing, and education, implementing proactive measures to ensure its responsible development is crucial.

That said, future AI guidelines should emphasize safety, ethical standards, and societal welfare while fostering innovation. Designing AI with a human-centered approach—emphasizing fairness, transparency, and accountability can address ethical concerns and mitigate risks associated with AI misuse, like deepfake technology and job displacement.

 

Above views are of the author and not of the website kindly read disclaimer