How Artificial Intelligence can transform India

Over the last couple of years, Artificial Intelligence (AI) has changed from a technology with potential to an instrument of national importance across the world. The first demonstration of applications of AI has happened in the consumer space, and significant economic value has been created, mainly through targeted advertising by internet giants in the US and China. According to a report by PwC, AI could contribute a whopping $15.7 trillion to global GDP by 20301. However, for India, AI is much more than just a piece of this pie. For India, the real power of AI lies in its transformative potential to address massive societal challenges that were traditionally considered to be beyond the purview of computing.