Infosys Chair, Nandan Nilekani, believes that companies will play a significant role in controlling the development of AI models in the future. He predicts that companies will take the lead in shaping the direction of AI technology, rather than leaving it solely in the hands of tech giants and government entities.
Nilekani argues that companies have the resources and expertise to drive AI innovation and ensure that it is used responsibly and ethically. He believes that businesses will be at the forefront of creating AI models that benefit society as a whole, rather than focusing solely on profit-driven applications.
One of the key reasons for this shift, according to Nilekani, is the increasing importance of data in AI development. Companies have access to vast amounts of data that can be used to train AI models and improve their accuracy and performance. By leveraging this data effectively, businesses can create AI solutions that address real-world problems and deliver meaningful results.
Additionally, Nilekani highlights the role of regulations and policies in shaping the future of AI. He suggests that companies will need to work closely with regulators to ensure that AI technologies are developed in a responsible and transparent manner. By collaborating with government agencies and industry stakeholders, companies can help establish guidelines and standards for AI development that prioritize ethical considerations and protect user privacy.
Overall, Nilekani’s perspective underscores the importance of corporate leadership in driving the evolution of AI technology. As companies continue to invest in AI research and development, they have the opportunity to shape the future of AI in a way that benefits society and drives positive change. By taking a proactive role in AI development, businesses can help ensure that this transformative technology is used responsibly and ethically for the benefit of all.
