{"id":242989,"date":"2024-02-07T15:28:24","date_gmt":"2024-02-07T09:58:24","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=242989"},"modified":"2024-02-07T15:28:24","modified_gmt":"2024-02-07T09:58:24","slug":"india-on-par-with-the-world-in-ai-adoption-satya-nadella-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/india-on-par-with-the-world-in-ai-adoption-satya-nadella-crypto-news\/","title":{"rendered":"India on par with the world in AI adoption: Satya Nadella &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"mainArea\">\n<div class=\"FirstEle\">\n<p>      The adoption of artificial intelligence in India is on par with the rest of the world, Microsoft Corp. chief executive Satya Nadella said on Wednesday, adding that the Silicon Valley giant will provide AI skills to 2 million people in the country.<\/p>\n<\/p><\/div>\n<div class=\"paywall\" id=\"paywall_11707298736985\">\n<p>   Nadella, who has been at Microsoft for 32 years and has completed 10 years as its CEO, said to a room full of Indian business executives that he had closely watched four previous platform shifts in computer technology\u2014personal computers, the internet, mobile devices, and cloud computing.<\/p>\n<p>   However, with AI, it was the first time he had seen India keeping pace with the rest of the world during a platform shift.<\/p>\n<p>   \u201cThis is the first time I feel what\u2019s happening in India and what\u2019s happening in the rest of the world\u2014there is no impedance, there is no gap,&#8221; he said, as he pitched Microsoft\u2019s AI prowess.<\/p>\n<p>   \u201cIf anything, the use cases here are so unique&#8230; and are paving their own path. And that\u2019s what\u2019s exciting. We\u2019re not just talking about AI, we\u2019re scaling AI,&#8221; he said about the adoption of AI in India.<\/p>\n<p>   Nadella is on his annual visit to India and will be rubbing shoulders with top business magnates and technocrats. Interestingly, the guest list for Wednesday\u2019s event was put together by Microsoft\u2019s Copilot chatbot, said Puneet Chandok, the company\u2019s president for India and South Asia.<\/p>\n<p>   Nadella drew attention to the Indian electronics and IT ministry\u2019s estimate that AI could add around $500 million to India\u2019s gross domestic product (GDP) by 2025 as the country reaches its aspiration of becoming a $5 trillion economy. India\u2019s nominal GDP is currently pegged at $3.7 trillion.<\/p>\n<p>   The Microsoft boss drew parallels to the industrial revolution era in Great Britain, where laying rail roads\u2013the revolutionizing technology of the day\u2013accounted for as much as 10% of the GDP.<\/p>\n<p>   \u201cWhen you have a new general purpose technology, how intensely you invest in deploying it across sectors inside the economy makes a difference to a country\u2019s prospects going forward,&#8221; Nadella said.<\/p>\n<p>   The Indian-origin business leader, widely credited for turning Microsoft around with the launch of the Azure cloud computing platform, evangelized the importance of AI to the future of businesses.<\/p>\n<p>   He said that just as personal computers drastically improved productivity in the workplace, so will AI.<\/p>\n<p>   \u201cThis age of AI is really expertise at your fingertips,&#8221; Nadella said. \u201cThink what happened to forecasting. Before PCs, before emails and spreadsheets, how did we do forecasting? And then how did the business process of forecasting change? Same thing is happening now.&#8221;<\/p>\n<p class=\"milestone\"><strong>Milestone Alert!<\/strong><br \/>\nLivemint tops charts as the fastest growing news website in the world <span>\ud83c\udf0f<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" class=\"lmWhatsappChannel\" href=\"https:\/\/www.read.ht\/QvEN\" data-name=\"Whatsapp_channel\"><strong>Click here<\/strong><\/a>  to know more.\n<\/p>\n<p class=\"benefitText\">Here\u2019s your comprehensive 3-minute summary of all the things Finance Minister Nirmala Sitharaman said in her Budget speech: <a rel=\"nofollow noopener\" target=\"_blank\" class=\"lmWhatsappChannel\" href=\"https:\/\/www.livemint.com\/lm-img\/budget\/2024\/mint_budget_summary.pdf\"><strong>Click to download!<\/strong><\/a>\n<\/p>\n<div class=\"disclamerText\" id=\"disclamerArea_11707298736985\">\n<div class=\"seeless\" id=\"disclamerText_11707298736985\">\n                Catch all the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/\" class=\"bold\">Business News<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/market\" class=\"bold\">Market News<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/news\" class=\"bold\">Breaking News<\/a> Events and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/latest-news\" class=\"bold\">Latest News<\/a> Updates on Live Mint. Check all the latest action on <a rel=\"nofollow noopener\" target=\"_blank\" class=\"bold\" href=\"https:\/\/www.livemint.com\/budget\">Budget 2024<\/a> here.<br \/>\n        Download The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/apps\" class=\"bold\">Mint News App<\/a> to get Daily Market Updates.\n    <\/div>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/ai\/javascript:void(0)\" class=\"readMore\" id=\"readMore_11707298736985\">More<\/a><br \/>\n<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/ai\/javascript:void(0)\" class=\"readLess\" id=\"readLess_11707298736985\">Less<\/a>\n<\/div>\n<p>\n\t\tPublished: 07 Feb 2024, 03:17 PM IST\n\t<\/p>\n<aside class=\"moreAbout\">Topics You May Be Interested In<br \/>\n<\/aside>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The adoption of artificial intelligence in India is on par with the rest of the world, Microsoft Corp. chief executive Satya Nadella said on Wednesday, adding that the Silicon Valley giant will provide AI skills to 2 million people in the country. Nadella, who has been at Microsoft for 32 years and has completed 10 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":242990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[440,17053,263,262,2375,260,259,258,265,17052,17056,202,17054,261,17055,264],"class_list":["post-242989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse","tag-ai","tag-artificial-intelligence-in-india","tag-axie-infinity","tag-axs","tag-cloud-computing","tag-decentraland","tag-facebook","tag-game","tag-mark-zuckerberg","tag-microsoft-corp-chief-executive-satya-nadella","tag-mobile-devices","tag-nft","tag-personal-computers","tag-sandbox","tag-the-internet","tag-vr"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/242989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=242989"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/242989\/revisions"}],"predecessor-version":[{"id":242995,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/242989\/revisions\/242995"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/242990"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=242989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=242989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=242989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}