What Does the Future Hold for AI? Global IndiaAI 2024 Seeks Answers

How will AI shape our future? India kicks off the Global IndiaAI Summit 2024, aiming for global collaboration. Leaders discuss AI's potential and risks. Curious? Read the full story to learn more!

Updated On
New Update

How will artificial intelligence shape our future? Can global collaboration in AI lead to groundbreaking advancements? These questions were at the forefront as India kicked off the much-anticipated Global IndiaAI Summit 2024.


Setting the Stage for Ethical AI Growth: Leaders Call for Global Collaboration

The two-day summit, hosted by the Ministry of Electronics and Information Technology (MeitY), has attracted AI luminaries from around the globe, encompassing sectors such as science, industry, civil society, government, and academia. 

Srinivas Narayanan, Vice President of OpenAI, emphasized India's commitment to using AI for the nation's development while fostering global cooperation. "Our goal is to collaborate globally, not operate in isolation. India is already leveraging AI to fulfill the aspirations of Viksit Bharat," Narayanan stated. 


Revolutionizing Industries with AI

Highlighting AI's transformative power, Narayanan cited tools like ChatGPT that have reshaped computing by making interactions more conversational and productivity-focused. He also mentioned AI's critical role in various Indian sectors, including agriculture, healthcare, and education, enhancing farmers' market insights, providing healthcare diagnostics, and supporting educational initiatives.

Enhancing the Startup Ecosystem


Narayanan also discussed AI's impact on India's startup ecosystem, noting its role in solving complex problems. "AI is adding dynamism to the startup ecosystem, enabling high-level problem-solving. We're committed to supporting India's application development mission and look forward to working with MeitY," he said.

Ensuring Secure and Trustworthy AI

Hiroshi Yoshida, Japan's Vice Minister for Policy Coordination, supported the idea of secure AI, stressing the need for safety codes and guidelines to prevent risks such as misinformation and intellectual property violations.


"Japan is convinced that India's AI initiatives will create synergy with the Global Partnership on Artificial Intelligence (GPAI)," Yoshida added.

Balancing Potential and Risks

Ashwini Vaishnaw, India's Minister for Electronics and IT, discussed the dual nature of AI—its potential to revolutionize work and societal structures and the threats it poses, such as spreading fake news. Vaishnaw highlighted global efforts like the G7's Hiroshima process and the EU AI Act as crucial for establishing a legally binding AI safety framework.


Ashwini Vaishnaw

"Government will invest in creating a public platform where compute power, high quality datasets, common protocols and technical and legal frameworks are available So that everyone can use this platform to accelerate their efforts," said Vaishnaw. 

Bringing together international experts, the summit serves as a platform for sharing insights and tackling AI's key challenges. It underscores the Indian government's dedication to fostering global collaboration and knowledge exchange among AI stakeholders.


As the summit continues, participants remain hopeful that global cooperation in AI will pave the way for a future where technology benefits all of humanity.

Join Our Thriving Entrepreneurial Community



Follow TICE News on Social Media and create a strong community of Talent, Ideas, Capital, and Entrepreneurship. YouTube  | Linkedin | X (Twitter) | Facebook | News Letters