22052023 Editorials AI in INDIA:
- How is AI shaping the nation
- How can Founders leverage the opportunity
- How is the government encouraging AI
- What are the segments that are bound to dominate in AI
- How will AI influence other domains
Artificial Intelligence (AI) is a fast-emerging technology globally. In this five-article series (1, 2, 3, 4, & 5) we bring various angles to this dominating domain.
The general scenario in the country is quite encouraging. AI could influence most domains and could make work easy. Though the general belief that AI would snatch jobs is not very true because ultimately humans need to design and operate these systems. This would need highly skilled individuals, increasing the knowledge quotient in society.
There is far improvement in integrating Chatbots into digital frameworks, resulting in the accessibility of IVRS systems, especially in education innovations. Similarly, we could utilize various ChatBots to increase human productivity in various domains.
AI has a bright future for the national economy with an overall impact on enhancing productivity, opening up various new opportunities for innovation which would trigger growth and also could yield cost-effective results.
Analysts believe that AI could help India’s dream of a Developed Nation status by 2047. This they claim would help the society thrive by creating a positive impact on tech like telecom, Health, Agri and Edu to name a few. AI is sure to have a great impact on Media with language processing, image recognition, computer vision and audio tech. In addition, AI also has made our access to information quite easy with tools like CHATGPT. The next stage in mankind is the AI revolution, are we ready for this big change?
“AI is indeed gaining momentum and taking shape in India. The country has recognized the potential of artificial intelligence and is actively investing in its development and application across various sectors. Here are some key aspects of AI in India:
Government Initiatives: The Indian government has launched several initiatives to promote AI. The National Strategy for Artificial Intelligence aims to make India a global AI hub and focuses on areas such as research and development, adoption, and skill development.
STARTUPS and Innovation: India has witnessed significant growth in AI STARTUPS. Cities like Bengaluru, Hyderabad, and Chennai have become major hubs for AI innovation and entrepreneurship. These STARTUPS are working on diverse applications of AI, including healthcare, agriculture, finance, education, and more.
Research and Development: Academic institutions and research organizations in India are actively involved in AI research. Prominent institutes like the Indian Institutes of Technology (IIT) and the Indian Statistical Institute (ISI) are conducting cutting-edge research in various AI domains.
Industry Adoption: Indian industries are increasingly adopting AI technologies to improve efficiency and competitiveness. Sectors such as healthcare, e-commerce, finance, and manufacturing are leveraging AI for tasks like data analytics, automation, customer service, and personalized recommendations.
AI in Governance: The Indian government is exploring the use of AI in governance to enhance public service delivery, optimize resource allocation, and improve decision-making. Projects like Aadhaar, India Stack and Ayushman Bharat are utilizing AI and data analytics for better citizen services.
Skill Development: Recognizing the need for skilled AI professionals, India is focusing on developing a strong talent pool. Various training programs, courses, and certifications in AI are being offered by educational institutions, private organizations, and government initiatives like the National Programme on AI.
Ethical Considerations: India is also addressing the ethical dimensions of AI. Discussions on data privacy, transparency, bias, and accountability are taking place to ensure responsible and inclusive AI deployment.
It’s important to note that while AI is growing in India, there are still challenges to overcome, such as infrastructure limitations, data availability, and skill gaps. Nonetheless, the country is making significant strides in embracing AI and positioning itself as a player in the global AI landscape.”
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