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.