P D Vaghela, Chairman,TRAI, said that India holds the potential in becoming a world leader in AI and ML.
In collaboration with Google and MessageBird, the Internet and Mobile Association of India (IAMAI) hosted the 17th India Digital Summit (IDS). More than 150 speakers, including policymakers, regulators, industry captains, and subject stalwarts, spoke in more than 60 sessions. The event featured representation from over 500 digital brands and drew over 3000 attendees. [U1]Dr. P D Vaghela, Chairman of the Telecom Regulatory Authority of India (TRAI), stated at the event that India has a demographic advantage in IT talent as well as a rapidly growing start-up culture that can be leveraged to help the country become a world leader in
artificial intelligence (AI) and machine learning (ML). According to a PwC study, AI could boost the global economy by up to $15.7 trillion by 2030.
Dr. Vaghela emphasized the importance of re-emphasizing the eight critical governance issues for India’s journey over the next 25 years in reference to the theme of IDS 2023, Amrit Kaal: Digital India@100 and includes;
- How to revamp our digital governance infrastructure
- Challenges arising out of convergence and reduced investment cycles due to technological disruptions
- Identifying appropriate technologies, keeping in mind our demographic advantage, the strength of our IT skills and strength of the SME sector
- Boosting local manufacturing of digital equipment
- Keeping technology at the core of policy formulation
- Practical implementation of whole of the government approach through a collaborative approach
- Pursuing sustainable and equitable whole of society approach and ensuring socio-economic, digital inclusion
- strengthening cyber security, bringing in vibrant privacy law and protecting citizens from spam and frauds.
Dr. Vaghela also spoke extensively about 5G and 6G use-cases and how the government was increasingly supporting research and development (R&D) for various use cases in his address. Dr. Vaghela asserted that the road ahead is full of exciting challenges and opportunities, and one thing that is certain is that India’s future depends on our ability to embrace new technologies, respond to technological disruptions, and seize the right opportunities. With over 5 billion IT professionals, India already has the world’s largest IT talent pool. He also expressed confidence that India will be a force to be reckoned with in 2047, as the startups are capitalizing on digital governance.
