AI Systems Essential for Productivity Growth, Says IT Secretary Krishnan

Friday, 4 October 2024, 05:13

AI systems are crucial for boosting productivity, emphasized IT Secretary S. Krishnan at the India @2047 event. He highlighted the need for generative AI in various sectors to improve efficiency and outcomes. Krishnan's insights stress the importance of integrating AI technologies with IoT devices to unlock greater potential in the information technology landscape.
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AI Systems Essential for Productivity Growth, Says IT Secretary Krishnan

AI Systems Drive Productivity Growth

AI systems are crucial for boosting productivity, emphasized IT Secretary S. Krishnan at the India @2047 event. Speaking in the national capital, Krishnan pointed out that while AI often automates tasks, there is a pressing need to evaluate if generative AI (Gen AI) is adequately enhancing productivity across various sectors.

Generative AI and Emerging Technologies

According to Krishnan, AI systems could significantly enhance productivity if they are supported by Internet of Things (IoT) devices and the data generated from them. IoT devices allow physical objects to connect to the internet, facilitating data exchange among various systems.

Impact on Critical Sectors

  • Drug discovery processes can be expedited by AI applications.
  • Manufacturing sectors can leverage AI for better outputs.
  • Investment in human resources is essential, positioning India as a leading AI back office globally.

Role of the IT Agreement

Krishnan highlighted that the Information Technology Agreement (ITA) by the World Trade Organisation (WTO) has facilitated the availability of affordable hardware, significantly benefiting India's IT sector. The ITA, which eliminated import duties on IT products, has fostered competition and increased trade.

Conclusion: Future of AI in India

In conclusion, the prevalence of inexpensive IT hardware is a fundamental driver of growth within the IT and ITeS sectors, ensuring that India remains at the forefront of technology innovation.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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