India will become provider of new innovation ideas to the world
Artificial intelligence has come to stay, and India has accepted that there will be a huge disruption, says Commerce and Industry Minister Piyush Goyal.
“Possibly, there are some theories and reports that tell us that some ecosystems have been able to get a little bit of a head start on us,” he said at New Delhi Slush’D, a local spinoff of the renowned Helsinki headquartered tech start-up event Slush.
“But, as I am learning more and more about artificial intelligence, it’s possibilities, how it can impact life, how can we use it for public good, how it can help us, if we adopt in the right way, if we start reskilling and retraining our minds towards the good parts of artificial intelligence,” he told over 700 stakeholders from the ecosystem at the event held on 3-4 Nov in Gurgaon.
It can actually become a game changer in fight against poverty and it can actually provide new ways of delivering goods and services to the remote parts of the country, Goyal believes.
“So that every single young child born in this country will have a good childhood and see possibilities ahead of him, both in the country and across the world.
“We don’t become the talent capital of the world. We will become the provider of innovation of new ideas to the world,” he continued.
“India has the potential to be the benchmark for deep tech and AI innovation,” added Archana Jahagirdhar, Managing Partner of Rukam Capital.
“Our diverse talent pool, entrepreneurial spirit, and appetite for cutting-edge technology provide the perfect foundation. To realize this potential, we must foster an ecosystem that nurtures, supports, and accelerates the growth of these transformative technologies. It’s not just a desire; it’s a necessity now in order to realize this.’’
The two-day event featured key note addresses, panel discussions, fireside chats and masterclasses by over 130 speakers from around the world.
The array of speakers included founders, investors, entrepreneurs, and policymakers. Among them notable figures at the event were Sanjeev Bhikchandani, Co-founder, Info Edge, Co-founder, Ashoka University; Prashant Prakash, Founding Partner, Accel; Vijay Shekhar, Founder & CEO, One97 & Paytm; Sanjeev Sanyal, Member, Prime Minister’s Economic Advisory Council; and Deepak Sharma, President & CDO, Kotak Mahindra Bank.
The event also brought together more than 50 AI founders and 30 international speakers, with an attendance of over 1,300 individuals making the event a huge success. Fiinews.com