India's AI Revolution: Powering Productivity and Redefining Roles
AI in India is poised to enhance productivity and role redesign, without causing mass unemployment. The country is advised to adopt a 'sovereign by design' strategy to maintain data control. India's AI talent offers potential, though challenges like scaling and patent generation remain.
- Country:
- India
Artificial Intelligence (AI) in India is expected to boost productivity and facilitate role redesigns in the near future, with a focus on maintaining employment. Experts emphasize adopting a 'sovereign by design' strategy, ensuring India retains control over its data and capabilities while remaining globally integrated.
According to BCGX, the AI branch of consulting firm BCG, India possesses a strong talent base, contributing 13% of the global talent pool in AI. Despite being second only to the US in the number of AI startups, India still lags in AI patents, possessing less than 1% of global patents.
Productivity and quality enhancements are seen as key near-term benefits, with AI primed to automate repetitive tasks and augment complex reasoning roles. Governance focused on enabling AI's responsible deployment, along with the exploration of AI's potential in sectors like IT, finance, and healthcare, is seen as crucial for India's holistic development.
Google News