Is India the Third-Largest AI Power in the World, and How Can It Leverage This to Its Advantage?
Synopsis
Key Takeaways
New Delhi, Feb 19 (NationPress) Renowned entrepreneur Mohandas Pai praised the current India AI Impact Summit 2026, expressing optimism that advancements in deep tech and AI solutions will generate unparalleled opportunities for the country and humanity as a whole. He also warned about the need for responsible and ethical use of these advanced technologies.
The former Infosys Chief Financial Officer (CFO) shared in an interview with IANS that India ranks as the third largest AI power globally and emphasized that this summit will further empower India’s ambitions in the AI landscape, though there remains significant work to be done.
According to Pai, AI is set to be a revolutionary force that will transform the world and boost human productivity.
"It will accelerate learning and teaching, improve healthcare, and change our world in ways we cannot yet imagine," Pai stated.
He remarked that the India AI Impact Summit 2026 aims to benefit humanity, provided it is implemented in an ethical and humane fashion, a sentiment echoed by Prime Minister Narendra Modi.
Pai highlighted the necessity of establishing data centers in India and creating our own large learning models to prevent dependence on Western nations like the US and China, which are vying to be leaders in AI services.
"We must avoid being mere consumers of AI; we need our own data centers with the capability to utilize and tailor AI to our specific requirements," he cautioned.
He expressed concern over the potential impact of AI on children, who are increasingly exposed to digital technology.
Recent studies, according to Pai, indicate a decline in cognitive abilities among children, which is alarming and raises questions about the intelligence of future generations.
When addressing the Opposition's criticisms labeling the summit as a 'PR spectacle,' Pai did not hold back his criticism.
He condemned the Congress party for undermining the country by focusing on its shortcomings rather than celebrating India's significant achievements in AI.
He reiterated that the extensive AI summit was ridiculed both by foreign entities and domestic critics, emphasizing that such behavior will not resonate well with the young and aspirational demographic, who will reject this negativity.
"If they continue to insult tech professionals, entrepreneurs, and our nation, will the public appreciate such actions?" Pai questioned.