India has the opportunity to leap ahead of others in AI capabilities - ETtech

Recognising the potential and the fact that India doesn't want to miss the bus on AI, the government has beginning to take steps.India has an opportunity to create a locally designed Artificial Intelligence plan that would work for its needs and help nurture world-dominating companies specialising in this emerging field, say experts. So far, the country is seen as lagging behind the US and China in building capabilities in AI due to the lack of large internet companies that harness data of users. However, growing investments across sectors in building data-based businesses and the recognition by the government to create enabling policies for AI is throwing up an opportunity for entrepreneurs. "India could have a very large role to play, all the pieces are in place, it has a great opportunity, and is up to India to either succeed or fail," Andrew Ng, one of the most prominent experts of AI told ET. Ng, who was the co-founder of Google Brain and is the founder of online learning platform Coursera added that he gets pitch notes from Indian startups.