Sunil Bharti Mittal outlines AI’s power to transform economies, politics, and job markets, urging vigilance
At the NDTV World Summit 2024, Sunil Bharti Mittal, Founder and Chairperson of Bharti Enterprises, emphasized the profound impact artificial intelligence (AI) will have on global economies, politics, and geopolitics. He acknowledged AI’s potential to be a transformative force, bringing both opportunities and challenges.
Sunil Bharti Mittal stated, “AI will be one of the most important drivers of economy, politics, and geopolitics. However, it poses risks, including misuse, that require vigilance and robust safeguards. Nation-states need to establish guardrails to protect societies from the potential evils of AI while embracing its benefits.”
He stressed that AI’s ability to automate repetitive tasks could lead to job displacement. However, Mittal remains optimistic that new sectors will emerge, creating fresh employment opportunities. He highlighted that India’s frugal innovations and expertise in AI could position the country as a global leader, providing solutions worldwide.
In terms of digital infrastructure, Mittal lauded India’s mobile networks, calling them “significantly superior” to those in the US, UK, and Europe, though he acknowledged they still lag behind Japan and Singapore. He underscored the importance of continued investment in infrastructure to keep up with global leaders.
Mittal concluded by highlighting the need for India to leverage AI to bridge gaps in economic development, innovation, and global competitiveness. He remains hopeful that AI will provide a platform for India to deliver innovative, scalable solutions globally.
These insights at the summit reflect the importance of managing AI’s potential while balancing its risks. Long-tail keywords such as “AI impact on economy,” “India’s digital infrastructure leadership,” and “AI-driven job transformation in India” can be optimized to attract readers interested in AI’s influence on global and Indian markets
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