India's AI Dream Is Well On Its Way To Become A Reality

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Over the last few years, India has taken significant steps towards adoption of emerging technologies like artificial intelligence (AI) and machine learning(ML), with technology solutions providers, tech leaders, startups and government agencies playing a significant role in shaping the evolution of the technology in the country. According to a recent study, which observed the country-wide AI readiness in the Asia Pacific, India was ranked third in readiness, with its overall readiness score being 50.2 out of100, while Singapore was ranked the first with 63 points and Hong Kong was at the second with 56.5 points. As straightforward as it might sound, AI readiness simply does not refer a country's preparedness in embracing AI, rather, a number of key factors like the ability of its consumers, businesses and government to adopt, deploy and support AI technologies are taken into consideration to better understand the readiness capability of a country in adopting AI. In other words, AI readiness is not a linear process instead, multiple factors shape the outcome. "AI adoption is fragmented and uneven across the region. In some cases, governments' efforts and commitment have yet to be reflected in businesses' or consumers' adoption and usage of AI. In others, business and consumers are taking the lead, showing governments the way forward in terms of change and innovation," Eric Loeb EVP, Global Government Affairs points out in the study.

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