Artificial Intelligence, or AI, will benefit the Indian economy greatly in the coming days. A recent report says that Generative AI alone can contribute billions of dollars to the Indian economy in the next seven years and add billions to India’s GDP.
Contribution To Indian GDP
EY has prepared a report regarding the possible impact of AI on the Indian economy; these things have been said in it. According to the report, a new era of innovation and productivity will begin in India due to Generative AI. This generative AI can contribute 1.2 trillion to 1.5 trillion dollars to the Indian GDP in the next seven years.
Artificial Intelligence Gamechanger
EY says that education and upskilling will lead to the significant contribution that generative AI will make to the Indian economy. In the digital world, talent can emerge from anywhere. In such a situation, digital skills will prove to be game changers. They will take advantage of India’s demographic dividend and provide equal opportunities to crores of people in a better way.
Microsoft CEO Satya Nadella Is Confident
Microsoft CEO Satya Nadella also believes AI will be a game-changer for the Indian economy. Nadella has just come to India. On Wednesday, he participated in an event in Mumbai, where he said that Artificial Intelligence will play an essential role in making India a 5 trillion dollar economy in the next two years.
20 Lakh Indians Will Get Training
Microsoft’s CEO also announced that 20 lakh Indians will be skilled in Artificial Intelligence. He said well-paid jobs will shift to rural India in the coming days, bringing a significant change. I have not seen anything like AI that will go beyond the current level.