Chief Economic Advisor V. Anantha Nageshwaran mentioned that AI involves some risks, but this is not our destiny. The AI cannot be created, run, and controlled. Humans should be involved in all these aspects.

It is the humans who will program the AI, develop, test, and tune it. It is the humans who will make a decision when to apply AI and when not to. Someone has to be responsible for any mistake made by AI.

Centers which perform such functions will be alright. When a center performs only routine tasks, then AI will become dangerous. Such people will get impacted by AI because AI is generating more work instead of reducing it. At the event organized by the industry body CII on Thursday, Nageshwaran mentioned that AI can perform routine tasks more economically. However, the Global Capability Centers (GCCs) in India are different from them.

India's approach to technology is different. In countries where powerful technology is considered destiny, technology shapes the country. In countries where technology is considered a tool, it is used only as a tool. The Chief Economic Advisor stated that India need not be concerned about AI. Globally, India ranks second in the world in terms of talent for AI ventures. It is thanks to Indian talent that the country now has over 2,100 Global Capability Centers (GCCs), employing 2 million professionals. Fifty percent of the world's GCCs are located in India.

GCC companies operating in India have surpassed $64 billion in business and are poised to reach $100 billion. Leading global banks, semiconductor companies, and car design companies all operate their capability centers in some Indian city. Recently, German science and technology company Merck opened a center in Bengaluru, where 3,300 Indian talent are working on various technologies, including AI.

Chief Economic Advisor V. Anantha Nageshwaran mentioned that AI involves some risks, but this is not our destiny. The AI cannot be created, run, and controlled. Humans should be involved in all these aspects.

It is the humans who will program the AI, develop, test, and tune it. It is the humans who will make a decision when to apply AI and when not to. Someone has to be responsible for any mistake made by AI.

Centers which perform such functions will be alright. When a center performs only routine tasks, then AI will become dangerous. Such people will get impacted by AI because AI is generating more work instead of reducing it. At the event organized by the industry body CII on Thursday, Nageshwaran mentioned that AI can perform routine tasks more economically. However, the Global Capability Centers (GCCs) in India are different from them.

India's approach to technology is different. In countries where powerful technology is considered destiny, technology shapes the country. In countries where technology is considered a tool, it is used only as a tool. The Chief Economic Advisor stated that India need not be concerned about AI. Globally, India ranks second in the world in terms of talent for AI ventures. It is thanks to Indian talent that the country now has over 2,100 Global Capability Centers (GCCs), employing 2 million professionals. Fifty percent of the world's GCCs are located in India.

GCC companies operating in India have surpassed $64 billion in business and are poised to reach $100 billion. Leading global banks, semiconductor companies, and car design companies all operate their capability centers in some Indian city. Recently, German science and technology company Merck opened a center in Bengaluru, where 3,300 Indian talent are working on various technologies, including AI.