AI's potential in enhancing India's tech ecosystem is vast: PM Modi

Modi held talks with OpenAI CEO Sam Altman on Thursday evening

AI India opportunities OpenAI Chief Executive Officer Sam Altman with Prime Minister Narendra Modi in Delhi | Twitter

After holding discussions on various aspects of Artificial Intelligence (AI) with OpenAI Chief Executive Officer Sam Altman, Prime Minister Narendra Modi on Friday said that potential of AI in India's tech ecosystem is vast.

Modi also said that the talks with Altman was “insightful”.

"The potential of AI in enhancing India’s tech ecosystem is indeed vast and that too among the youth in particular. We welcome all collaborations that can accelerate our digital transformation for empowering our citizens," tweeted Modi.

Altman had met with PM Modi in New Delhi on Thursday evening. Altman is on a six-nation tour this week including Israel, Jordan, Qatar, the UAE and South Korea.

"Great conversation with @narendramodi discussing india's incredible tech ecosystem and how the country can benefit from ai...really enjoyed all my meetings with people in the @PMOIndia," tweeted Altman.

During a session at IIT Delhi, Altman said that they discussed about the opportunities in the field of AI and how it could benefit the country. He also said that in India the first thing he would do is to fund startups.

"We spent almost 8 months on GPT for making sure that it was safe enough to release. We build the technology, we have worked with organisations to figure out what the limits should be and tested them all. We do think that coordination is important. So self-regulation is important. It is something that we want to offer. The world should not be left entirely in the hands of the companies,” Altman was quoted by ANI.

The government quoting NASSCOM data in February this year said the overall AI employment in India is estimated at about 4,16,000 professionals.

AI is expected to contribute an additional USD 957 billion to India's economy by 2035, it added.

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