The Fort Worth Press - PM Modi, top tech bosses to address India AI summit

USD -
AED 3.672503
AFN 63.999525
ALL 81.442168
AMD 361.356205
ANG 1.789785
AOA 918.000161
ARS 1533.897396
AUD 1.423893
AWG 1.8025
AZN 1.698106
BAM 1.751936
BBD 2.019841
BDT 124.502291
BGN 1.747831
BHD 0.378636
BIF 3009.562199
BMD 1
BND 1.2812
BOB 12.160165
BRL 5.436496
BSD 1.002889
BTN 95.171425
BWP 13.855559
BYN 2.954181
BYR 19600
BZD 2.016885
CAD 1.39828
CDF 2314.999657
CHF 0.824645
CLF 0.025235
CLP 993.180505
CNY 6.661103
CNH 6.65047
COP 3218.67
CRC 456.02956
CUC 1
CUP 24.068509
CVE 98.772786
CZK 21.819698
DJF 178.577987
DKK 6.692302
DOP 60.786026
DZD 135.75098
EGP 55.948402
ERN 15
ETB 161.902139
EUR 0.89545
FJD 2.243694
FKP 0.746765
GBP 0.747145
GEL 2.601308
GGP 0.746765
GHS 11.683612
GIP 0.746765
GMD 74.000289
GNF 8876.049714
GTQ 7.66695
GYD 210.211851
HKD 7.845625
HNL 26.9551
HRK 6.76901
HTG 131.391307
HUF 327.662999
IDR 18178
ILS 3.14456
IMP 0.746765
INR 94.89915
IQD 1520.31173
IRR 1868415.000146
ISK 121.770252
JEP 0.746765
JMD 159.364013
JOD 0.708976
JPY 157.902998
KES 129.860389
KGS 87.4487
KHR 4091.870006
KMF 441.000151
KPW 899.999961
KRW 1344.329837
KWD 0.31117
KYD 0.835759
KZT 454.722981
LAK 22579.734941
LBP 89806.69145
LKR 333.576685
LRD 170.480349
LSL 16.713128
LTL 2.95274
LVL 0.60489
LYD 6.446758
MAD 9.860886
MDL 17.951359
MGA 4536.110178
MKD 55.157433
MMK 2099.693878
MNT 3599.326016
MOP 8.10391
MRU 40.665547
MUR 47.289846
MVR 15.450609
MWK 1738.573508
MXN 18.784603
MYR 4.067095
MZN 63.909964
NAD 16.713053
NGN 1344.520182
NIO 36.905162
NOK 9.213697
NPR 152.274101
NZD 1.78191
OMR 0.384271
PAB 1.003001
PEN 3.471087
PGK 4.563879
PHP 63.645496
PKR 277.436793
PLN 3.95285
PYG 5875.265928
QAR 3.655843
RON 4.7806
RSD 105.271644
RUB 80.749652
RWF 1480.416527
SAR 3.764539
SBD 8.058206
SCR 14.712529
SDG 601.496843
SEK 9.816305
SGD 1.27969
SHP 0.748335
SLE 22.897509
SLL 20969.504398
SOS 573.104915
SRD 37.619501
STD 20697.981008
STN 21.946031
SVC 8.775026
SYP 13001.999685
SZL 16.707648
THB 33.772503
TJS 9.231424
TMT 3.5
TND 2.999059
TOP 2.40776
TRY 49.967796
TTD 6.799808
TWD 32.679037
TZS 2643.750271
UAH 45.485612
UGX 4262.104179
UYU 40.318896
UZS 12028.32407
VES 887.479799
VND 25786.5
VUV 118.915185
WST 2.776217
XAF 587.376773
XAG 0.019993
XAU 0.000256065553
XCD 2.70255
XCG 1.807408
XDR 0.707052
XOF 587.376773
XPF 106.82886
YER 236.202996
ZAR 16.713802
ZMK 9001.200364
ZMW 20.222595
ZWL 321.999592
SSP 5745.217636
MXV 2.117127
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

PM Modi, top tech bosses to address India AI summit
PM Modi, top tech bosses to address India AI summit / Photo: © AFP

PM Modi, top tech bosses to address India AI summit

Indian Prime Minister Narendra Modi and tech CEOs including OpenAI's Sam Altman will give their take on the opportunities and threats posed by artificial intelligence at a global summit in New Delhi on Thursday.

Text size:

They are among those scheduled to speak at the AI Impact Summit as well as Google DeepMind head Demis Hassabis and Microsoft founder Bill Gates.

Frenzied demand for generative AI has turbocharged profits for many tech companies, but that has fuelled anxiety about the risks to society and the planet as the technology develops.

One fear is disruption to the job market, especially in India where millions of people are employed in call centres and tech support services.

"We are creating human imitators. And so of course, the natural application for that type of system is replacing humans," leading computer science researcher Stuart Russell told AFP.

This week's summit is the fourth annual international gathering focused on AI, following previous summits in Paris, Seoul and Britain's wartime code-breaking hub Bletchley.

It is the biggest one yet, with tens of thousands of attendees including dozens of world leaders and ministers.

French President Emmanuel Macron is set to join Modi on stage Thursday at the summit site, which also includes a vast technology expo.

The pair met this week in Mumbai where they celebrated their countries' ties, calling them a force for global stability.

A multibillion dollar fighter jet deal is also on the table -- with officials travelling with Macron expressing confidence that a contract for India to buy 114 Rafale aircraft can be finalised.

- New investments -

As the first global AI meeting held in a developing country, the five-day summit has also been a chance for India to boost its position in the booming sector.

The nation expects more than $200 billion in investments over the next two years, IT minister Ashwini Vaishnaw said Tuesday.

Google, Nvidia and other US tech titans have unveiled new deals, investments and infrastructure for the South Asian country.

"Since my childhood growing up in Chennai, India has undergone an incredible transformation," Google CEO Sundar Pichai told reporters on Wednesday.

"India is going to have an extraordinary trajectory with AI and we want to be a partner," he said, pledging to build subsea cables as part of an existing $15 billion AI infrastructure investment.

US chip behemoth Nvidia -- the world's most valuable company -- said it was teaming up with Indian cloud computing providers to provide advanced processors for data centres that can train and run AI systems.

AI data centres are under construction wordwide on a massive scale, as companies race to develop super-intelligent systems.

The huge amounts of electricity needed to power them and water to cool hot servers has sparked alarm at a time when countries have pledged to decarbonise their grids to try and slow climate change.

- Gridlock -

Last year India leapt to third place in an annual global ranking of AI competitiveness calculated by Stanford researchers, although experts say it has a long way to go before it can rival the United States and China.

Brazil's President Luiz Inacio Lula da Silva is in town to attend the AI summit and hold talks with Modi, including on rare earths.

Delhi's chaotic roads have been gridlocked at points and summit organisers have faced criticism over crowded entry points and other disarray, especially on the first day.

Leaders are expected to deliver a statement at the end of the week about how they plan to handle AI technology.

But some say the broad focus of the event and vague promises made at previous global AI summits mean that concrete commitments are unlikely.

Many researchers and AI safety campaigners believe stronger action is needed to combat issues ranging from sexualised deepfakes to AI-enabled online scams and intrusive surveillance.

Siddharth Soni, the 23-year-old founder of an Indian AI-designed jewellery startup, said he could see both sides.

"We're losing artisans. We're losing the value of art, using AI, actually. That is one of the sad parts," he told AFP.

G.George--TFWP