India’s huge digital footprint greatest power for AI improvement, says NITI Aayog CEO Amitabh Kant

Speaking on the closing session of RAISE 2020 Summit, Kant mentioned India optimally leveraging Artificial Intelligence (AI) to unravel its developmental challenges won’t solely result in a societal transformation inside, however may even profit different nations on this planet, who face related points.

India’s digital footprint marks its greatest power for AI improvement, and established platforms like Aadhaar, UPI together with huge digital infrastructure create a “unique opportunity” for this futuristic expertise to be leveraged to boost transparency and enhance governance, NITI Aayog CEO Amitabh Kant mentioned on Friday.

Speaking on the closing session of RAISE 2020 Summit, Kant mentioned India optimally leveraging Artificial Intelligence (AI) to unravel its developmental challenges won’t solely result in a societal transformation inside, however may even profit different nations on this planet, who face related points.

“Data lies at the core of development of AI technologies. India’s digital footprint is its biggest strength for AI development,” he mentioned.

Noting India’s digital prowess – humongous quantities of information generated at “cheapest possible cost”, rising smartphone penetration and fast adoption of digital modes of cost — Kant mentioned, “India’s digitisation efforts through platforms such as Aadhaar, UPI, GST, public finance management system and digital infrastructure has created a unique opportunity for AI to be leveraged to increase transparency and improve governance”.

India’s resolve to efficiently leverage AI to unravel varied developmental challenges won’t simply rework the lives of 1.four billion inhabitants right here, however, in actual fact, additionally holds out a promise for billions of individuals the world over, who’re shifting from poverty to center class.

“Actually, when India solves using AI for people of India, it is not solving for 1.4 billion people of India but for the next 7 billion people of the world who are moving from poverty to middle class,” he mentioned.

Kant additional mentioned that India’s ‘National program on AI’ shall be devoted in direction of the rightful use of the expertise in fixing societal issues.

“…therefore, we will ramp up our computing facilities… we will take big leap forward in quantum computing and we will, in a very big way, skill our people…for AI world of tomorrow,” he mentioned.

AI for social empowerment can outline new period of co-operation and prosperity, thus ushering the following degree of progress.

“We are still in the AI ‘spring’, we are still at its beginning era. And this summit has cemented India’s position in AI world,” he mentioned.

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