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The AI revolution: Promise and peril for India's future

The Business Guardian

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December 08, 2024

Artificial Intelligence (AI) is transforming societies, economies, and governance systems at an unprecedented pace.

- SHARANPREET KAUR

The AI revolution: Promise and peril for India's future

As one of the fastest-growing technology hubs, India stands on the cusp of an AI revolution. By leveraging its burgeoning digital infrastructure, entrepreneurial spirit, and government initiatives such as AI for All, India is positioning itself as a key player in the global AI ecosystem. However, the rapid proliferation of AI raises significant questions about equity, ethics, and governance. As India accelerates its adoption of AI technologies, it must address these challenges to ensure inclusive and sustainable growth.

India's unique combination of a large, tech-savvy population and vast datasets provides a fertile ground for AI innovation. Across sectors like healthcare, agriculture, education, and governance, AI-driven solutions are making tangible impacts. For example, AI-powered diagnostic tools are enabling earlier detection of diseases like tuberculosis and cancer, where timely intervention can save lives. Telemedicine platforms such as Practo and 1mg are revolutionizing healthcare access, especially in underserved rural regions, by using AI to connect patients with doctors virtually.

In agriculture, AI-powered technologies are helping farmers optimize productivity and reduce waste. Companies like CropIn and DeHaat are using predictive analytics to offer real-time insights into soil quality, crop health, and weather conditions. AI-enabled drones monitor plantations, ensuring efficient use of water and pesticides. These innovations not only enhance yields but also contribute to the government's broader goal of doubling farmer incomes by 2024.

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