Shortage of AI leadership in Indian business
4 months, 1 week ago

Shortage of AI leadership in Indian business

Hindustan Times  

Artificial Intelligence is revolutionising industries worldwide, offering unprecedented opportunities for innovation, efficiency, and economic growth. However, in India, a critical shortage of strong AI leadership is emerging as a significant barrier to fully leveraging these opportunities. The government’s AI initiative in agriculture, where AI-powered systems help farmers with crop health monitoring and yield predictions, demonstrates the transformative potential of AI when guided by strong leadership. Adopting best practices, such as fostering a culture of innovation, investing in AI talent, and staying informed about global AI advancements, can help develop robust AI leadership within their organisations. By integrating AI education into higher learning, upskilling current leaders, and fostering government support, India can develop the necessary AI leadership to drive innovation, economic growth, and global competitiveness.

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History of this topic

94 per cent of Indian desk workers feel the urgency to master AI
3 days, 22 hours ago

94 per cent of Indian desk workers feel the urgency to master AI

New Indian Express  

BENGALURU: Indian workers want to skill up on Artificial Intelligence as 94% feel an urgency to become AI expert. However, 40% of Indian workers have spent less than five hours learning how to use AI, and 30% of global workers say they have had no AI training at all, including no self-directed learning or experimentation, according to Slack's new Workforce …

GlobalGyan Leadership Academy Explores Synergy of AI and Human Intelligence
1 week, 4 days ago

GlobalGyan Leadership Academy Explores Synergy of AI and Human Intelligence

Deccan Chronicle  

Hyderabad: GlobalGyan Leadership Academy, renowned for its tailored leadership development programs for India’s top corporates, hosted an insightful virtual panel discussion today on “Human Intelligence 2.0: Upskilling for Leadership in the AI Era.” The discussion examined the evolving workplace dynamics where Artificial Intelligence and human capabilities must converge to redefine leadership and workforce efficiency. Led by Mr. Srinivasa Addepalli, Founder …

Make AI in India, work for India is the vision as India embarks on AI revolution: Jitin Prasada
2 weeks ago

Make AI in India, work for India is the vision as India embarks on AI revolution: Jitin Prasada

Live Mint  

New Delhi, Dec 9 Union Minister Jitin Prasada on Monday asserted the vision to develop artificial intelligence in India, for India, and all, and said the country is poised for an AI revolution. Prasada, Minister of State for Electronics & Information Technology, in a keynote address at the India Internet Governance Forum 2024, said India is not only the largest …

Forging the future: CP Gurnani, Aditya Ghosh discuss AI's role in empowering India
2 weeks, 3 days ago

Forging the future: CP Gurnani, Aditya Ghosh discuss AI's role in empowering India

India Today  

The India Today-Business Today AI Conference 2024, themed “Forging the Future of Innovation,” convened industry leaders and innovators to explore how artificial intelligence is shaping humanity’s future. During a session at the India Today-Business Today AI Conference 2024, CP Gurnani, Co-Founder and Executive Vice Chairman of AIonOS, and Aditya Ghosh, Co-Founder of Akasa Air and Founder of Homage delved into …

Meta AI is all about enabling and democratising access to AI, says Meta India head Sandhya Devanathan
2 weeks, 3 days ago

Meta AI is all about enabling and democratising access to AI, says Meta India head Sandhya Devanathan

India Today  

At the Business Today-India Today AI Conclave, Sandhya Devanathan, vice president and head of Meta India, shed light on the company’s advancements in AI and its impact on India. “India is our biggest market in the world when it comes to Llama downloads,” she revealed, emphasising the country’s significant role in adopting and shaping AI technologies. The company’s open-source approach …

AI will positively influence sustainability goals
3 weeks, 3 days ago

AI will positively influence sustainability goals

New Indian Express  

BENGALURU: About 96% of Indian executives believe that artificial intelligence can positively impact their sustainability goals. IBM released its State of Sustainability Readiness Report 2024, and according to that, globally, respondents had a positive take on AI’s potential for sustainability as nine out of 10 surveyed executives agree that AI will positively influence achieving their sustainability goals. The report also …

‘AI could be the key to solving global climate crisis,’ Meta’s Yann LeCun tells Nikhil Kamath of Zerodha
3 weeks, 4 days ago

‘AI could be the key to solving global climate crisis,’ Meta’s Yann LeCun tells Nikhil Kamath of Zerodha

Live Mint  

Artificial intelligence could play a pivotal role in addressing the global climate crisis, according to Yann LeCun, Chief AI Scientist at Meta, in a compelling discussion with Nikhil Kamath on theWTF Podcast. LeCun described AI as a "force multiplier for human intelligence," arguing that its ability to process complex datasets, simulate outcomes, and propose innovative solutions could revolutionise environmental policy …

Will AI adoption leave India Inc with high efficiency and exhausted workers?
3 weeks, 4 days ago

Will AI adoption leave India Inc with high efficiency and exhausted workers?

Live Mint  

Words that are sprinkled liberally in the business updates of many listed firms of India Inc. The frenetic pace of AI adoption will probably extract its pound of flesh at some point, even if India Inc would rather talk about the productivity marvels of this new technology. Now Comes the Hard Part,’ by Microsoft and LinkedIn, 75% of corporate India’s …

India is at no. 4 on Stanford’s global AI power list
4 weeks, 1 day ago

India is at no. 4 on Stanford’s global AI power list

Live Mint  

The Stanford Institute for Human-Centered AI has released its findings about the AI-led technology ecosystem at a global level, using the Global Vibrancy Tool 2024 developed by the institute. The tracking tool, which measures a country’s AI ecosystem on key indicators including research papers, private investment, patents, and more, analyzed data from 36 countries to find that the United States …

India Among Top 10 Nations in AI Readiness
1 month ago

India Among Top 10 Nations in AI Readiness

Deccan Chronicle  

New Delhi: AI is already transforming industries and starting to reshape economies and is poised to profoundly shape the future of economic development over the next few years. Economies with a high share of sectors that are most exposed to AI are among the world’s most exposed to disruption. Rising Contenders: These are mainly economies with lower AI exposure due …

Indian leaders looking to leverage AI to combat ineffective collab: Zoom survey
1 month ago

Indian leaders looking to leverage AI to combat ineffective collab: Zoom survey

Deccan Chronicle  

Hyderabad: A new report commissioned by Zoom and conducted by Morning Consult reveals that India stands as a leader in leveraging AI for better workplace collaboration with Indian leaders among the heaviest users of AI globally with 80% reporting daily or frequent AI usage. India’s leaders and employees among top AI adopters To address these challenges, many Indian leaders are …

India’s startup scene is picking up speed again
1 month, 1 week ago

India’s startup scene is picking up speed again

Hindustan Times  

Visitors to Bangalore, India’s tech hub, quickly learn why locals measure distances in minutes and not kilometres. India’s startup scene has had a difficult few years, as funding dried up and once high-flying firms crashed back down to earth. In January the banking arm of Paytm, an Indian fintech giant, was ordered by India’s central bank to stop all services …

AI is an assistant to humans... it will have net zero effect on jobs: Flex’s Revathi Advaithi
1 month, 1 week ago

AI is an assistant to humans... it will have net zero effect on jobs: Flex’s Revathi Advaithi

Hindustan Times  

The world today is in the midst of rapid, multifaceted technological evolution that’s changing how we live, work, communicate, commute and interact. That’s controversial because a lot of people don’t believe that,” said Advaithi, in a virtual session at the 22nd Hindustan Times Leadership Summit. “We had to do that pretty quickly because people were beginning to use tools such …

India's adoption of AI technologies higher than global average, claims new report
1 month, 1 week ago

India's adoption of AI technologies higher than global average, claims new report

Hindustan Times  

A new research by the Boston Consulting Group pegged India's adoption of Artificial Intelligence higher than the global average. “India's swift adoption of AI is redefining its competitive edge globally, with 30 per cent of Indian companies having maximized AI's value potential--surpassing the global average of 26 per cent. With 100 per cent of companies actively experimenting with AI, India …

SAP confident of new job creation by AI
1 month, 2 weeks ago

SAP confident of new job creation by AI

Live Mint  

German software-maker SAP SE is confident that artificial intelligence will create new jobs even as the rise of the new technology casts a shadow on jobs done by humans. The SAP board’s buoyant remarks on AI contrast with those of Google-parent Alphabet Inc’s chief executive Sundar Pichai, whose comments in the company’s post-earnings conference call with analysts put alarm bells …

Tech Titans' Tightrope Dance: India's AI Ambitions and Global Tech Giants
1 month, 3 weeks ago

Tech Titans' Tightrope Dance: India's AI Ambitions and Global Tech Giants

Live Mint  

India's growing prominence on the global tech stage is attracting industry heavyweights, though not without friction. The country's IT sector is globally renowned not just for its scale but also for its deep expertise in computer science. However, India recognizes that achieving self-reliance requires collaboration with global tech giants. The government's push aligns with Modi's vision of Viksit Bharat (Progressive …

Tech Titans Flock to India: A Strategic Play for the Future of AI
1 month, 3 weeks ago

Tech Titans Flock to India: A Strategic Play for the Future of AI

Live Mint  

Top tech executives are visiting India to explore opportunities for co-creating intellectual properties in tech, as India is the second-largest developer base in the world after the US. With vast sections of the world’s developer ecosystem either based in India or originating in the region, a concerted effort from the Centre is pushing Indian firms to build foundational technologies. This …

Meta's LeCun Seeks to Shape India's AI Future: A Vision for Open-Source Innovation
2 months ago

Meta's LeCun Seeks to Shape India's AI Future: A Vision for Open-Source Innovation

The Hindu  

Meta's LeCun highlights India's potential in shaping the future of AI. He emphasizes the country's talent pool, vibrant tech ecosystem, and open-source approach as key drivers of AI innovation. Meta's vision for AI focuses on empowering individuals and driving societal transformation through AI. The country's focus on frugal engineering and low-cost development of AI models will promote AI inclusion and …

India not yet ready for AI regulations says Experts
3 months, 2 weeks ago

India not yet ready for AI regulations says Experts

New Indian Express  

HYDERABAD: On the second day of the Global AI Summit 2024 at HICC, experts from various fields discussed key aspects of Artificial Intelligence. Arghya Sengupta, Founder & Research Director of Vidhi Centre for Legal Policy, said that India is not yet ready for AI regulations and that small innovators and developers could be most affected and recommended adopting certain codes …

AI, AI Captain: India Tops Global Rankings in Skills, GitHub Projects, 40th in Readiness: MoS IT to Parliament
4 months, 2 weeks ago

AI, AI Captain: India Tops Global Rankings in Skills, GitHub Projects, 40th in Readiness: MoS IT to Parliament

News 18  

While India ranks first in Artificial Intelligence Skill Penetration and first in the number of GitHub AI Projects in the Stanford AI Index report 2024, in the Oxford AI Readiness Index, India is ranked 40th, reflecting the country’s ongoing efforts to strengthen its AI infrastructure, Jitin Prasada, Minister of State for Electronics and Information Technology, recently told Parliament. Prasada emphasised …

Women Key For India's $320 Billion AI Market, But Gender Disparity Remains: NASSCOM-BCG
4 months, 2 weeks ago

Women Key For India's $320 Billion AI Market, But Gender Disparity Remains: NASSCOM-BCG

ABP News  

A new report by NASSCOM and Boston Consulting Group has highlighted the significant role women can play in India's booming artificial intelligence market, which is projected to reach $320-$380 billion by 2027. India Has 64% Gender Gap In AI Leadership Compared To Global Peers The report, titled "GenAI: The Diversity Game Changer We Can't Ignore", analysed the adoption of AI …

We Are Keeping India In Mind In Whatever Important Decisions We Make: OpenAI VP At Global India AI Summit
5 months, 2 weeks ago

We Are Keeping India In Mind In Whatever Important Decisions We Make: OpenAI VP At Global India AI Summit

ABP News  

Global India AI Summit was held in Delhi on July 3 during which ChatGPT maker OpenAI said that it has been developing a growing habit on a leadership team to keep learning from India. While addressing the Global India AI Summit, Open AI VP Srinivas Narayanan said, "We have been developing a growing habit on a leadership team to keep …

Stringent regulations could hinder growth of AI in India: experts
6 months ago

Stringent regulations could hinder growth of AI in India: experts

The Hindu  

As India grapples with the regulatory landscape for artificial intelligence, a sector which has seen rapid development in recent years, experts opine that strict regulations could stifle the country’s burgeoning AI-driven economy. While the high court is scheduled to hear the petition in July, the MeitY on March 1 issued an advisory saying that all generative AI products, like large …

Indian CEOs Say No Effective AI without Effective Governance: IBM Study
6 months ago

Indian CEOs Say No Effective AI without Effective Governance: IBM Study

Deccan Chronicle  

Bengaluru: A new study by the IBM Institute for Business Value found that surveyed Indian CEOs are facing workforce, culture and governance challenges as they act quickly to implement and scale generative AI across their organizations. The annual global study of 3,000 CEOs from over 30 countries and 26 industries reveals a high importance placed by Indian CEOs on AI …

India's AI Spending Forecasted to Reach $5.1 Billion by 2027: Intel-IDC Report
7 months, 1 week ago

India's AI Spending Forecasted to Reach $5.1 Billion by 2027: Intel-IDC Report

News 18  

Intel and IDC have unveiled a joint report assessing the Artificial Intelligence maturity level across eight markets, including India. The report highlighted that India’s AI spending is forecasted to experience the swiftest expansion among the examined markets, with a projected Compound Annual Growth Rate of 31.5 per cent from 2023, reaching $5.1 billion by 2027. According to the report, India, …

India’s AI leap: bridging the gap
9 months, 1 week ago

India’s AI leap: bridging the gap

Live Mint  

Though Prime Minister Narendra Modi and the Union government have been talking about ‘Making AI in India’ and ‘Making AI Work for India’ for some time now, there was a worry that the lack of powerful AI compute infrastructure could hold India’s AI ambitions back. The money allocated to help build the all-critical GPU infrastructure through a public-private partnership model …

India’s AI market seen touching $17 billion by 2027: Report
10 months ago

India’s AI market seen touching $17 billion by 2027: Report

The Hindu  

February 21, 2024 10:16 am | Updated 12:24 pm IST - MUMBAI India’s artificial intelligence market is projected to touch $17 billion by 2027, growing at an annualised rate of 25-35% between 2024 and 2027, IT industry body Nasscom and consulting firm BCG said on Tuesday, citing a joint report studying AI-powered tech in the country. The growth is seen …

India Needs 10 Lakh AI Experts, Says Rajanna
10 months, 1 week ago

India Needs 10 Lakh AI Experts, Says Rajanna

Deccan Chronicle  

Hyderabad: India needs 10 lakh people trained in artificial intelligence by 2026 and the technology industry is making significant investments in this, said V. Rajanna, president, of technology, services, and software, TCS. Delivering the keynote address at the annual event of Hyderabad Software Enterprises Association here on Wednesday, he said Hyderabad was a pioneer in launching digital citizen services in …

Govt admits AI can lead to job losses in India
10 months, 2 weeks ago

Govt admits AI can lead to job losses in India

New Indian Express  

Moving away from its earlier stance that AI is ‘not leading to job losses’, Government of India seems to be coming round to the realization that AI may end up taking jobs away from some people. “AI may result in automating some routine jobs but will also result in job creation in various data science, data curation etc,” said Electronics …

India must grab the AI opportunity to speed up growth
11 months, 3 weeks ago

India must grab the AI opportunity to speed up growth

Live Mint  

In August, Chandrayan-3’s landing on the moon signified more than India’s advancement in science and technology. This allows us to move away from ‘narrow AI’ that can accomplish specific tasks to a future where AI agents will be able to accomplish several different tasks based on our interests and preferences. From enabling faster detection of diseases and driving cutting-edge innovations …

66% of CEOs in India find Gen AI top investment priority, says report
1 year, 1 month ago

66% of CEOs in India find Gen AI top investment priority, says report

Live Mint  

To ride on the wave of revolution brought by AI chatbots since 2022, more and more CEOs are willing to invest in generative AI for their companies, says KPMG's latest report. According to the report, 66 per cent of Indian company CEOs and 70 per cent of CEO of global firms are considering generative AI as their top investment priority …

The Art of a Good Unicorn | Geopolitical implications of AI's emergence
1 year, 3 months ago

The Art of a Good Unicorn | Geopolitical implications of AI's emergence

Hindustan Times  

In the second half of 2022, OpenAI released ChatGPT 3.5, which seemed to revolutionize the advent of generative Artificial Intelligence. AI can even reshape the financial landscape by designing and delivering financial products, helping Indian startups, improving India’s agricultural ecosystem, healthcare and more. As the race for AI dominance escalates, it could fuel geopolitical rivalries, as nations strive to harness …

Navigating the Crossroads: India’s Imperative to Balance AI Innovation with Ethical Accountability - News18
1 year, 3 months ago

Navigating the Crossroads: India’s Imperative to Balance AI Innovation with Ethical Accountability - News18

News 18  

“In a world driven by innovation, our responsibility lies in shaping technology to uplift humanity, not to divide or oppress.” In a dynamic era marked by remarkable technological strides, India stands at a pivotal juncture, compelled to address the intricate ethical and societal dimensions of artificial intelligence and meta technologies. However, this trajectory also underscores the urgency to establish a …

AI's potential in enhancing India's tech ecosystem vast: PM Modi
1 year, 6 months ago

AI's potential in enhancing India's tech ecosystem vast: PM Modi

The Hindu  

Prime Minister Narendra Modi held a meeting with OpenAI CEO Sam Altman on June 9 and said that artificial intelligence's potential in enhancing India's tech ecosystem is vast, among the youth in particular. Earlier, Mr. Altman said in a tweet, "Great conversation with @narendramodi discussing india's incredible tech ecosystem and how the country can benefit from ai. The potential of …

Early AI adoption at work can foster innovation and boost productivity: Microsoft Report
1 year, 6 months ago

Early AI adoption at work can foster innovation and boost productivity: Microsoft Report

The Hindu  

The pace of work across international markets has surpassed human capacity and negatively impacted innovation but early AI adoption could drastically change this, as per Microsoft’s Work Trend Index 2023 Report titled ‘Will AI Fix Work?’ Released on Thursday, the survey encompassed 31,000 individuals across industries in 31 countries, including 14 markets in the Asia Pacific region, combined with extensive …

From threat to job to unleashing creativity, here’s what Indians think about AI
1 year, 6 months ago

From threat to job to unleashing creativity, here’s what Indians think about AI

Live Mint  

Amid the growing impact of Artificial Intelligence in nearly every domain, more than 74 per cent of Indians are worried that artificial intelligence will take their jobs in future, according to latest Microsoft report. The recent insight of the Microsoft Work Trend Index 2023 report reveals that 90 per cent of Indian leaders are of opinion that employees need to …

A word of caution about India and the AI wagon
1 year, 6 months ago

A word of caution about India and the AI wagon

The Hindu  

There has been a rise in warnings against Artificial Intelligence by technology leaders, researchers and experts, including Geoffrey Hinton, Elon Musk, Emad Mostaque, Cathy O’Neil, Stuart J. Russell, and many others. Both commercial and government players in India are already evolving from Big Data towards AI for better targeting, efficiency, profits, as well as ‘perceived and intended’ social welfare. Furthermore, …

India Under Spotlight As Tech Giants Ramp Up AI Talent Hunt
1 year, 7 months ago

India Under Spotlight As Tech Giants Ramp Up AI Talent Hunt

ABP News  

The demand for data scientists, machine learning specialists, and skilled engineers is rapidly increasing due to an AI hiring frenzy taking place around the world. India's tech industry is built on a plentiful supply of affordable workers, and now, even the world's most populous nation is running out of the skilled engineers, data scientists, and machine-learning specialists that companies are …

Demand for AI jobs in India are up by 11% amid talent scarcity
1 year, 7 months ago

Demand for AI jobs in India are up by 11% amid talent scarcity

India TV News  

The demand for artificial intelligence talent has grown by 11 per cent in India over the last six months, driven by job demands in sectors like IT, BFSI, retail, telecom, and advertising/market research sectors, a report stated. The Indian job market will witness a 22 per cent churn over the next five years with top emerging roles coming from AI, …

An ‘atmanirbhar’ AI will benefit India. Here’s why
1 year, 7 months ago

An ‘atmanirbhar’ AI will benefit India. Here’s why

Hindustan Times  

ChatGPT may represent a point of inflection in public consciousness about the power of Artificial Intelligence and its key role in society. But the problem is that RBI has shortlisted seven foreign companies, one of which would eventually develop and likely run its AI operations. When applied to the supervision of India’s financial systems, what comes out of such foreign-sourced …

Make AI Work For India: What The Future Holds For Artificial Intelligence
1 year, 9 months ago

Make AI Work For India: What The Future Holds For Artificial Intelligence

ABP News  

As India stands at the threshold of leaving China behind to be the most populous country in the world, it now holds immense responsibility to decide the future of education, employment, and skill development of nearly one-fifth of the global population. Projects like Digital India BHASHINI and Digi Yatra can be the stepping-stone for large-scale AI implementation across all major …

India’s AI market likely to see 20% growth over next five years: Report
2 years, 5 months ago

India’s AI market likely to see 20% growth over next five years: Report

Hindustan Times  

India’s artificial intelligence market is expected to witness a growth of 20% over the next five years, and the country is among the top three talent markets, producing 16% of the world’s AI talent pool, a joint study conducted by Microsoft and the Internet and Mobile Association of India has revealed. “Artificial intelligence is no longer a fringe technology for …

‘India expected to invest $1 billion in AI by 2023’
3 years, 7 months ago

‘India expected to invest $1 billion in AI by 2023’

The Hindu  

Global enterprises are expected to invest $98 billion in artificial intelligence by 2023 and India’s share in it will be about $1 billion, said Project Management Institute, a Philadelphia-based non-profit organisation with about 28,000 individual members in India. However, some $54 billion — 55% of this proposed global investment — may go waste due to lack of familiarity or understanding …

India will be among global AI superpowers: Brad Smith
4 years, 2 months ago

India will be among global AI superpowers: Brad Smith

Live Mint  

Bengaluru: India will inevitably be one of the world’s artificial intelligence superpowers, Brad Smith, president and chief legal officer, Microsoft Corp. said at the ongoing Responsible AI for Social Empowerment event. Smith indicated that India’s national strategy on AI is the right foundation, not just to advance AI but also topromote responsible AI built on firm ethical principles. Smith said …

AI: A force for social empowerment
4 years, 2 months ago

AI: A force for social empowerment

Hindustan Times  

The success of Digital India has set a new global benchmark for leveraging digital technologies for inclusive growth, good governance and empowerment. AI will replace certain existing job roles but also create several new job profiles. In the same way, AI will replace certain existing job roles but also create several new job profiles. India’s approach towards responsible AI for …

AI in India Will Help Add Rs 37 Lakh Crore to Economy by 2025, Says NASSCOM Report
4 years, 4 months ago

AI in India Will Help Add Rs 37 Lakh Crore to Economy by 2025, Says NASSCOM Report

News 18  

NASSCOM, India’s premier IT governance body, has launched its annual report on artificial intelligence, titled ‘Unlocking Value from Data and AI: The India Opportunity’. NASSCOM’s AI report 2020 further states that other key benefits of AI include areas such as optimising logistics through traffic analysis, streamlining lending and financial services through data-based risk analysis, remote diagnostics and resource allocation in …

Investing in data, AI is crucial for country
4 years, 4 months ago

Investing in data, AI is crucial for country

Live Mint  

BENGALURU :India has the right ecosystem and an efficient talent pool to create millions of new-age jobs and drive a data and artificial intelligence revolution to become a global powerhouse, said top executives of Infosys Ltd and Wipro Ltd at a panel discussion organized by IT industry body Nasscom on Tuesday. “We have to identify a comprehensive plan for India’s …

Data, AI can add $450-500 bn to India’s GDP by 2025: Nasscom
4 years, 4 months ago

Data, AI can add $450-500 bn to India’s GDP by 2025: Nasscom

Live Mint  

New Delhi: Data and Artificial Intelligence could potentially add $450-500 billion to India’s gross domestic product by 2025 and drive India’s economic growth, said a report by industry body Nasscom. The report ‘Unlocking Value from Data and AI’ lays down an action plan that can help the country emerge stronger from the covid-19 crisis by taking co-ordinated action to enhance …

Half of Indian Workforce Will be Equipped With AI Skills in the Next 10 Years: Microsoft
4 years, 4 months ago

Half of Indian Workforce Will be Equipped With AI Skills in the Next 10 Years: Microsoft

News 18  

The organisations that have deployed Artificial Intelligence with skilling initiatives in India are generating most value from this new-age technology, and senior executives predict that half of all employees will be equipped with AI skills in the next 6-10 years, a new Microsoft survey said on Monday. In India, all AI-leading companies said they are actively building skills of their …

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