PM meets Instagram, YouTube & Adobe chiefs at WAVES event: Report
The WAVES (West Asia Virtual Experience Summit) event in Mumbai recently brought together the who’s who of the global tech industry, including Prime Minister Narendra Modi. The PM met with some of the most influential minds in the industry, including Instagram chief Adam Mosseri, YouTube CEO Neal Mohan, and Adobe CEO Shantanu Narayen. The roundtable discussion focused on the opportunities and challenges facing India’s creative industries, with a special emphasis on the impact of Artificial Intelligence (AI).
The meeting was an exclusive one, with only a select few in attendance. The conversation was a candid one, with the industry leaders sharing their thoughts on the future of India’s creative industries. The discussion was moderated by the CEO of India Inc, and it was clear that the PM was keen to hear the perspectives of the industry leaders.
One of the key topics of discussion was the impact of AI on India’s creative industries. The industry leaders were unanimous in their view that AI was set to revolutionize the way creative work is done, but they also highlighted the challenges that lie ahead. Adam Mosseri, the CEO of Instagram, spoke about the need for creators to adapt to the new reality of AI-driven content creation. “AI is going to change the way we create content, and we need to be prepared for that,” he said.
Neal Mohan, the CEO of YouTube, echoed Mosseri’s sentiments. “AI is going to help us create more personalized content for our users, but it’s also going to change the way we consume content,” he said. “We need to be prepared to adapt to these changes and find new ways to create engaging content.”
Shantanu Narayen, the CEO of Adobe, spoke about the role that AI can play in enhancing the creative process. “AI can help us automate repetitive tasks and free up more time for creative work,” he said. “But we also need to be careful not to rely too heavily on AI and lose sight of the human touch.”
The industry leaders also discussed the threat posed by AI tools to copyright. With AI algorithms able to generate content that is indistinguishable from human-created content, there are concerns that copyright infringement could become a major issue. The CEOs were unanimous in their view that more needed to be done to protect intellectual property in the age of AI.
The PM was keen to hear the industry leaders’ views on how India could capitalize on the opportunities presented by AI. The CEOs were unanimous in their view that India had a unique advantage in the AI space, with the country being home to some of the brightest minds in the industry.
“The biggest advantage India has is its human capital,” said Mosseri. “India has a huge pool of talented engineers and developers who are well-equipped to take on the challenges of AI.”
Mohan added, “India also has a unique advantage in terms of its cultural and linguistic diversity. This diversity can be leveraged to create unique content that appeals to a global audience.”
Narayen concurred, saying, “India’s creative industries are already world-class, and with the right support and infrastructure, they can become even more successful.”
The PM was clearly impressed by the industry leaders’ views, and he emphasized the need for India to capitalize on its unique advantages in the AI space. “We need to invest in our human capital and create an ecosystem that supports innovation and entrepreneurship,” he said. “We also need to protect intellectual property and ensure that our creative industries are able to thrive in the age of AI.”
The WAVES event was a major success, with the PM’s meeting with the CEOs of Instagram, YouTube, and Adobe being a highlight. The discussion was a candid one, and it was clear that the PM was keen to hear the perspectives of the industry leaders.
As the event came to a close, it was clear that the meeting had been a productive one. The industry leaders had shared their views on the opportunities and challenges facing India’s creative industries, and the PM had emphasized the need for India to capitalize on its unique advantages in the AI space.
The meeting was a testament to the PM’s commitment to supporting India’s creative industries, and it was clear that the industry leaders were excited about the potential for India to become a major player in the global AI space.
