PM meets Instagram, YouTube & Adobe chiefs at WAVES event: Report
Prime Minister Narendra Modi met with the top executives of Instagram, YouTube, and Adobe on the sidelines of the WAVES event in Mumbai, as reported by Moneycontrol. The roundtable discussion focused on the opportunities and challenges faced by India’s creative industries, including the impact of Artificial Intelligence (AI).
The meeting, which was held on October 13, brought together some of the most influential minds in the tech industry, including Instagram chief Adam Mosseri, YouTube CEO Neal Mohan, and Adobe CEO Shantanu Narayen. The Prime Minister was accompanied by representatives from India Inc, including Ramesh Abhishek, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), and Rajeev Chopra, Secretary, Ministry of Electronics and Information Technology.
The discussion centered around the potential of AI to transform India’s creative industries, including the entertainment, advertising, and education sectors. However, the threat posed by AI-powered copyright infringement tools was also a major topic of conversation. The meeting aimed to explore ways to harness the benefits of AI while mitigating its risks.
AI-powered tools have revolutionized the way content is created, edited, and distributed. However, they have also raised concerns about copyright infringement and the potential for AI-generated content to be used for malicious purposes. The meeting provided a platform for the industry leaders to share their perspectives on the issue and explore ways to address it.
According to sources, the Prime Minister emphasized the need for India’s creative industries to leverage AI to stay ahead in the global competition. He also stressed the importance of addressing the concerns around copyright infringement and ensuring that AI-powered tools are used responsibly.
Adam Mosseri, the CEO of Instagram, highlighted the potential of AI to enhance the user experience on social media platforms. He also emphasized the need for greater collaboration between technology companies and the government to address the challenges posed by AI.
Neal Mohan, the CEO of YouTube, spoke about the platform’s efforts to promote original content from Indian creators. He also emphasized the importance of ensuring that AI-powered tools are used to enhance the user experience rather than compromise on content quality.
Shantanu Narayen, the CEO of Adobe, discussed the company’s efforts to develop AI-powered tools that can help creators streamline their workflow and improve the quality of their content. He also emphasized the need for greater investment in research and development to ensure that AI-powered tools are used responsibly.
The meeting was seen as a significant step towards fostering collaboration between the government and the tech industry. The Prime Minister’s emphasis on leveraging AI to promote India’s creative industries while addressing the concerns around copyright infringement was seen as a positive step towards creating a favorable ecosystem for innovation.
The WAVES event, which is a flagship initiative of the Ministry of Electronics and Information Technology, aims to promote innovation and entrepreneurship in the country. The meeting between the Prime Minister and the tech industry leaders was seen as a key milestone in the event’s journey towards promoting India’s creative industries.
In conclusion, the meeting between the Prime Minister and the CEOs of Instagram, YouTube, and Adobe was a significant step towards fostering collaboration between the government and the tech industry. The discussion centered around the potential of AI to transform India’s creative industries, while also addressing the concerns around copyright infringement. The meeting provided a platform for the industry leaders to share their perspectives and explore ways to address the challenges posed by AI.
