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India’s massive digital footprint biggest strength for AI development: Niti Aayog CEO – Latest News

India’s digital footprint marks its largest energy for AI development, and established platforms like Aadhaar, UPI together with large digital infrastructure create a “distinctive alternative” for this futuristic technology to be leveraged to boost transparency and enhance governance, NITI Aayog CEO Amitabh Kant stated on Friday. Talking on the closing session of RAISE 2020 Summit, Kant stated India optimally leveraging Artificial Intelligence (AI) to resolve its developmental challenges won’t solely result in a societal transformation inside, however, may even profit different nations on the earth, who face comparable points.

Knowledge lies in the core of the growth of AI applied sciences. India’s digital footprint is its largest energy for AI growth,” he stated.

Noting India’s digital prowess – humongous quantities of information generated at “least expensive doable value“, rising smartphone penetration and fast adoption of digital modes of fee — Kant stated, “India’s digitisation efforts by means of platforms similar to Aadhaar, UPI, GST, public finance administration system and digital infrastructure has created a singular alternative for AI to be leveraged to extend transparency and enhance governance”.

India’s resolve to efficiently leverage AI to resolve varied developmental challenges won’t simply remodel the lives of 1.four billion inhabitants right here, however, in truth, additionally holds out a promise for billions of individuals internationally, who’s shifting from poverty to centre class.

Really, when India solves utilizing AI for individuals of India, it’s not fixing for 1.four billion individuals of India however for the following 7 billion individuals of the world who’re shifting from poverty to centre class,” he stated.

Kant additional stated that India’s ‘Nationwide program on AI’ might be devoted in direction of the rightful use of the know-how in fixing societal issues.

“…due to this fact, we’ll ramp up our computing amenitieswe’ll take a huge leap ahead in quantum computing and we’ll, in a really huge method, talent our individuals…for AI world of tomorrow,” he stated.

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

We’re nonetheless within the AI ‘spring’, we’re nonetheless at its starting period. And this summit has cemented India’s place in AI world,” he stated.

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