PM meets Instagram, YouTube & Adobe chiefs at WAVES event: Report
In a significant development, Prime Minister Narendra Modi recently met with the CEOs of Instagram, YouTube, and Adobe on the sidelines of the WAVES (Web and Artificial Intelligence for Society) event in Mumbai. The roundtable discussion, which was attended by top executives from India Inc, focused on the opportunities and challenges faced by India’s creative industries, including the impact of Artificial Intelligence (AI).
According to Moneycontrol, the meeting was a significant one, given the presence of key players from the global tech industry. The CEOs who attended the meeting were Adam Mosseri, the head of Instagram, Neal Mohan, the CEO of YouTube, and Shantanu Narayen, the CEO of Adobe.
During the discussion, the participants delved into the challenges posed by AI tools, particularly in terms of copyright infringement. AI-powered tools have made it easier for individuals to create and distribute content, but this has also led to concerns about plagiarism and intellectual property theft.
The meeting was seen as an opportunity for the Prime Minister to engage with the global tech industry and understand the impact of AI on India’s creative industries. The conversation also touched upon the opportunities that AI presents, particularly in terms of creating new jobs and driving innovation.
India’s creative industries have been growing rapidly in recent years, driven by the increasing adoption of digital technologies. The country is home to a large number of content creators, designers, and artists, who are leveraging digital platforms to showcase their work.
However, the growth of India’s creative industries is also facing challenges, including the threat of copyright infringement posed by AI tools. AI-powered tools can generate content that is often difficult to distinguish from human-created content, making it challenging for creators to protect their intellectual property.
The meeting was also seen as an opportunity for the Prime Minister to engage with the CEOs of global tech companies and understand their vision for the future of AI in India. The CEOs of Instagram, YouTube, and Adobe are among the most influential figures in the global tech industry, and their views on AI and its applications are highly sought after.
In recent years, AI has been making rapid strides, with applications in areas such as healthcare, finance, and education. AI-powered chatbots are becoming increasingly popular, while AI-generated content is being used to create engaging and personalized experiences for consumers.
However, the rapid growth of AI has also raised concerns about job displacement and the need for workers to develop new skills. The meeting between the Prime Minister and the CEOs of Instagram, YouTube, and Adobe was seen as an opportunity to discuss these concerns and understand the vision of the global tech industry for the future of AI in India.
The WAVES event, which was organized by the Indian government, brought together top executives from the global tech industry, including the CEOs of global tech companies, startups, and entrepreneurs. The event was seen as an opportunity to engage with the global tech industry and understand the latest trends and developments in AI and other emerging technologies.
The meeting between the Prime Minister and the CEOs of Instagram, YouTube, and Adobe was seen as a significant one, given the growing importance of AI in India’s creative industries. The conversation will likely influence the government’s policy towards AI and intellectual property, and could have a significant impact on the growth of India’s creative industries in the years to come.
