Satya Nadella on India's AI transformation

Floral Pattern Floral Pattern By: Moneycontrol News February 7, 2024

AI-led businesses could be 10% of a $5 trillion Indian economy

[{"selector":"#anim-2e8dbe29-d5f8-4eda-bf04-78667db2f10e","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-6a65923c-bf53-42d6-8bb6-cd89e107babd","keyframes":{"opacity":[0,1]},"delay":1500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] “India has a tremendous opportunity to use AI… The Indian economy is going to be $5 trillion and AI powered economy growth could be 4x,” Nadella told CNBC-TV18. See the location

Been lucky to witness four platform shifts in my career

[{"selector":"#anim-7bf81a52-fc76-483d-818f-5ca013dfc3b6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9f7b46e1-b682-4216-a1fc-24b585b630c3","keyframes":{"opacity":[0,1]},"delay":1500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] “Have been lucky to witness 4 key platform shifts in my career. Some of the layoffs are adjustments, labour will disperse more broadly,” Nadella told CNBC-TV18. See the location

Competition among big tech is very healthy

[{"selector":"#anim-5a8a06c3-f6ab-4aea-8ffb-88d6c2bef0f4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2f50f671-02ad-4180-b7c1-34bdd2534d1f","keyframes":{"opacity":[0,1]},"delay":1500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Microsoft CEO also highlighted that competition amongst big tech players is healthy and this helps create opportunities for the world to grow. See the location

Not saying there'll be no job displacements due to AI

[{"selector":"#anim-c0a25ddb-e208-496c-9a6d-570f5c5b69ec","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e71458a1-21bd-4192-9bfd-911baf451bbd","keyframes":{"opacity":[0,1]},"delay":1500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Not saying that there won't be any job displacement due to AI but confident that policy tools can help us manage AI transition in an efficient way, Nadella told CNBC-TV18. See the location

AI is tangibly changing economic productivity

[{"selector":"#anim-fea3cd1c-9887-4167-9fd0-1ebe1e673885","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] "Artificial Intelligence has seen the fastest rate of diffusion as a technology that we have ever come across, it can add to expertise which supports wage growth," Nadella told CNBC-TV18. See the location