Microsoft CEO Satya Nadella's visit to India focused on artificial intelligence and he highlighted the potential of the country's technology workforce to deliver transformative economic growth and that too at a good pace. India could be one of the countries that could benefit significantly from AI, which, according to Nadella, could also solve the country's typical structural problems. In several interviews over the past few days, Nadella has said that he believes India, with its wide range of talent and huge developer community, can give major competition to developed countries in this space as well and achieve transformational change. So, although India initially missed the digital bus when it came to internet, computers, smartphones and more, currently, in AI, the country is at the forefront of progress. At the Microsoft CEO Connection event in Mumbai, Nadella said, “This is the first time I feel what's happening in India and what's happening in the rest of the world—no impedance (delay), no gap.”
Satya Nadella on India's AI development
Countries are in a race to adopt new technologies like AI to become more powerful, but according to Nadella, India stands to benefit the most from using this technology. Nadella highlighted the government's claim that AI could contribute around $500 million to India's GDP by 2025, and that the technology would also contribute to the ambitious goal of a $5 trillion economy. Currently India's GDP is 3.7 trillion dollars.
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Nadella also highlighted his “tremendous optimism” for the adoption of AI in India, which would help meet the country's goal of becoming a developed nation by 2047.
Highlighting the adoption of AI in India, he said, “If anything, the use cases here are very unique… and are paving their own way. And that's exciting. We're not just talking about AI; We are scaling AI.” Additionally, Nadella believes that AI can increase productivity in various sectors, including energy, retail and healthcare. The Economic Times quoted Nadel as saying, “Using AI, India can not only deliver social benefit and increase productivity for the country, but also create solutions that are “very relevant to the rest of the world.”
Technology will not only help scale the tech sector but also contribute to the growth of other parts of the country. Nadella said, “When you have a new general-purpose technology, how seriously you invest in implementing it across sectors of the economy can make a difference to a country's future prospects.”
Nadella said that personal computers have worked to increase productivity in the workplace, and now AI will play that role. “This age of AI is really skill at your fingertips,” Nadella said, according to Livemint.
He added, “Think of what has happened to make an estimate. Before personal computers, before emails and spreadsheets, how did we estimate? And how has the forecasting business process changed? That's what's happening now.”
He also hinted that Microsoft will be part of India's AI journey and aims to provide AI skills to two million aspiring people in the country.
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