At the B20 India Summit, Microsoft’s vice-chairman and president, Brad Smith, underlined the critical role artificial intelligence (AI) is going to play in our lives at work and beyond. Smith stated during his visit to Delhi that India is one of Microsoft’s fastest-growing markets, thanks to digital revolution over the last decade. He also stated that, while generative AI offers tremendous potential, there is certainly a hype cycle surrounding it. In addition, he emphasized the company’s readiness to negotiate India’s numerous AI rules, as well as Microsoft’s cybersecurity skilling activities. According to him, India’s new policies may affect Big Tech’s future trajectory.
What is India’s statistical share of Microsoft’s operations?
Nobody should be in any doubt about the significance of India, whether it is for Microsoft or other IT businesses. It is one of Microsoft’s fastest-growing markets worldwide. That reflects the massive surge in digital growth that India has seen over the previous five years, which has intensified and shows no signs of abating. It’s good for India, and it’s definitely good for us. However, we do not provide a geographical breakdown of our figures.
What type of AI legislation do countries require, and what does Microsoft expect from India?
There are several current rules and regulations that we should all keep in mind. For example, if defrauding someone is illegal, then using AI to do it is also illegal. No one can stand in front of a court and blame technology. The first step is to guarantee that courts and law enforcement organizations acquire AI skills and capabilities. It also implies that enterprises subject to these rules must develop the competence to appropriately employ AI. That is a wide aim, but it is an important beginning point.
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