New Delhi, February 19 Various sectors, including healthcare, education, and medical science, will flourish with the power of artificial intelligence, said Bharti Group Chairman Sunil Mittal on Thursday.
Speaking at the India AI Impact Summit, Mittal said that AI is becoming an integral part of the company's operations.
"We can talk about healthcare, education, deep research, and medical sciences... all these areas will flourish because of this (AI). So, from our company's perspective, AI is becoming a really integral part of how we operate or serve our customers, build our networks, and manage our networks," Mittal said.
Mittal said that the coming years will see transformative growth in India, with the acceleration of every economic activity.
"This is a 'Bhagya' (opportunity) for us, where we can fully capitalize on what we have already achieved in the last decades," he said.
Mittal said that access, a fundamental need, is now widespread with the adoption of computers in urban and rural areas.
With the digital infrastructure, including DPI connecting everyone to the financial, health, and education ecosystem, the necessary framework is now in place.
"And this generation is curious; they will figure out how to use these tools and the inherent potential of each one of them. Whether it's in a general conversation, in the digital world, in the literary world, or in science and research, they will all come up with new ideas of work," Mittal said.
Things that used to take days, months, or hours are now being done in seconds or minutes, Mittal said, adding that technology will free up a lot of capacity for people to learn more.
Mittal noted that geopolitics is moving very fast.
"Whenever I travel around the world, immigration is certainly becoming a huge problem – in your country, and in the US as well. But if you look at Europe, walls are being erected now. One of my biggest observations is that India will supply talent to the world as the world ages. I think there's a bit of stress there," he said.
The strong infrastructure and GCC (Global Capability Centers) mean that the talent pool does not necessarily need to shift, he noted.
"You have GCCs, and research centers are coming back here. We could now, on the back of massive broadband infrastructure creation on a global scale, serve everyone from back home... India will be able to use, develop, and deploy talent – not only for the country, but for the rest of the globe," Mittal said.
The world, Mittal said, needs to get used to this new reality.
Cloud is digitizing infrastructure, and the necessary tools are already in place.
"AI is going to digitize cognition. That is fundamentally very, very different. When you start to digitize decision-making and intelligence, that becomes an engine behind every other engine. To my mind, that dramatic shift is coming," the Bharti Group top boss said.
Every sector, from healthcare to education, to deep research, and medical sciences, will flourish because of AI.
Mittal also drew attention to India's frugal power of innovation.
"Look at the Moon mission. India did it at USD 74 million, while the US did it at USD 92 billion. India achieved a perfect landing on the more difficult side of the moon. How can we persuade US companies and large conglomerates to use India not only as a market of millions of users, but also as a place to learn from the frugal innovation we practice here," Mittal said.
