AI can never replace Human Mind: Mukesh Ambani
By MYBRANDBOOK
Reliance Industries Chairman Mukesh Ambani said that AI can never and will never replace the human mind. “Rather, AI and other associated technologies of the 4th Industrial Revolution will vastly expand our capacity to solve the most complex and pressing problems before India and the world” he said. Ambani was addressing the RAISE 2020 virtual summit.
He further asserted the significance of AI to enable India to move faster towards transforming India into a high growth economy on its path to $5 trillion. Apart from the economic growth, Ambani said that AI will also help India towards achieving other ambitious goals set by PM Modi: making India’s Industry and small businesses AtmaNirbhar and dominating new global value chains, modernising Indian agriculture and multiplying incomes of our farmers, delivering high-quality and affordable healthcare to all Indians and lastly, delivering world-class education, skill training and talent enrichment to every Indian, including those in the remotest parts of rural India.
India now has all the crucial components in place to become a premier digital society that will “generate data at an explosive and exponential rate…Data is the raw material for AI. Intelligent data is digital capital. It is a vital national resource,” Ambani further said.
“In the past, nations have competed on physical capital, financial capital, human capital and intellectual capital. But, in the coming decades… nations will increasingly compete on Digital Capital,” Ambani said.
The Reliance chief envisioned the proliferation of digital enterprises when 1.3 billion Indians are digitally empowered to create faster economic growth, greater prosperity, high-quality employment opportunities, and better standards of living.
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