In a very open conversation, India’s Prime Minister Narendra Modi informed Bill Gates, the co-founder of software behemoth Microsoft (NASDAQ: MSFT), that while the country is committed to artificial intelligence (AI), it also needs to establish some “Do’s and Don’ts” to prevent exploitation.
Modi stated at the talk that he wants to use technology to raise the standard of living for Indians. Modi stated, “Even though AI is such a great technology, there could be a big risk of misuse without proper training.”
“We can begin by adding obvious watermarks to AI-generated images or information to ensure that nobody is misled. That’s to acknowledge AI inventions for what they are, not to minimize them, Modi said to Gates.
Modi also said there’s cause for alarm regarding deepfakes. It is critical to recognize that the source of deepfake content is artificial intelligence (AI).
Modi informed Gates that the areas of healthcare, agriculture, and education are where India is most thrilled about technological breakthroughs.
“AI is really essential, and sometimes I joke that in India, children have gotten so advanced that their first words are not just AI, but Aai, which means “mother” in many Indian states, Modi remarked.
The South Asian country has allocated more than Rs 10,300 crore ($1.24 billion) for the IndiaAI Mission, which would strengthen the AI ecosystem in the nation over the course of the next five years. With AI and blockchain serving as important catalysts, India hopes to grow its GDP to $5 trillion by 2027–2028, ranking third in the world. This investment coincides with this goal. Strong economic development is also helping India prepare for the April 19–May 1 elections, in which Prime Minister Modi is running for a third consecutive term in office.
Gates was informed by Modi that “I am currently pushing AI to recognize and adapt the various Indian languages and dialects.”
As the country led the G20 from December 2022 to November 2023, Modi claimed that AI technology was widely deployed in India. AI-based technologies were employed for language interpretation on the G20 premises. India gave every driver a smartphone app so they could easily translate messages to and from visitors. While the AI translated, the app enabled drivers to comprehend and reply in their native tongue. This made it possible for people speaking different languages to converse without difficulty.
“It is wrong if I am depending on AI out of laziness—for example, by asking ChatGPT to compose a letter for me. ChatGPT and other AI tools should be used by us so that we can keep getting better. Modi addressed Gates, saying, “We should challenge and compete with AI.”
By July, India is supposed to unveil a draft AI legislative framework that will allow the country to harness the technology for economic expansion while putting safeguards in place to prevent abuse.
India is prepared for AI
The country in South Asia unveiled IRIS, the first AI teaching robot. IRIS, developed by Maker Labs, is generative AI based.
Our goal with IRIS is to completely transform education by utilizing AI to produce a really customized learning environment. IRIS enables teachers to provide interesting and productive classes by adjusting to the requirements and interests of each student.
Startups using AI are also receiving a lot of funding. The AI-based document workflow automation startup Nanonets has raised $29 million in a funding round headed by Accel and supported by Elevation Capital and Y Combinator, two of its current backers.