Artificial intelligence alone can add USD 500 billion to economy Google India

    Kolkata, Dec 3 (PTI) Google India on Thursday said
artificial intelligence alone can add USD 500 billion to the
economy, and assist in better forecast of floods and accurate
diagnosis of diseases.
    The company has committed USD 10 billion for expanding
India's digital footprint, a top official said.
    "The COVID-19 pandemic has prompted us to use every
tool at our disposal to address the challenges and
opportunities before us," Google India Country Manager & VP,
Sajay Gupta, said at the 'ABP Infocom - The Next Normal'.
    Google had recently picked up a 7.73 per cent stake in
Reliance Industries Ltd's (RIL) digital subsidiary, Jio
Platforms Ltd. The two companies have also announced plans to
come up with "an entry-level affordable smartphone".
    Gupta said during the pandemic, data consumption
jumped to 14 GB per month from 8 GB. In 2014, the average
consumption was just 86 MB per month, he added.
    The senior company official said by 2022, UPI
transactions will reach the one-billion-a-day mark from around
a billion per month at present. PTI BSM

(This story has not been edited by THE WEEK and is auto-generated from PTI)