“We believe that #AI truly holds potential to be a transformational #technology and it could be an inflection point in the country’s development history. It has the power to make the kind of difference that previous episodes of horizontal technology being introduced into the economy had, whether it was the steam engine or the Internet. The objective of the government is to make sure that the technology itself and the possibilities of using it in a manner that is consistent with what India requires takes place,” said S Krishnan, Secretary, @GoI_MeitY at the session on AI: What does the Future Hold? at the #CIIBusinessSummit24. The session examined the integration of AI across various industries and its potential to revolutionize smarter, more adaptive systems. Addressing concerns such as privacy issues, job displacement & the necessity for robust regulatory frameworks, the discussion focused on how AI's trajectory must balance #innovation with #ethical considerations to ensure its responsible development. The session was also attended by: · Prof Bharat Bhasker, Director, @IIMAhmedabad · Tejpreet Singh Chopra, Founder and CEO, BLP Group · Vinayak Dalmia, Co-Founder and Managing Director, @3rdiTech & 114ai · @rajivmemani, Vice President, CII #Growth #Development #ArtificialIntelligence @EY_India