PM Meets Instagram, YouTube & Adobe Chiefs at WAVES Event: Report
The Prime Minister of India, Narendra Modi, recently met with the CEOs of Instagram, YouTube, and Adobe, on the sidelines of the WAVES event in Mumbai. The discussions centered around the opportunities and challenges faced by India’s creative industries, with a specific focus on the impact of Artificial Intelligence (AI) and the threat of copyright infringement posed by AI tools.
The WAVES event, which is an annual gathering of industry leaders and innovators, aimed to bring together experts from various fields to discuss the latest trends and innovations in the country. The meeting between PM Modi and the CEOs of Instagram, YouTube, and Adobe was a significant highlight of the event, offering a platform for a comprehensive discussion on the future of India’s creative industries.
According to reports, the meeting was a roundtable discussion that allowed the participants to share their perspectives on the current state of the creative industries in India and the challenges they face. The discussion was moderated by representatives from the Indian government and industry associations.
One of the key topics of discussion was the impact of Artificial Intelligence (AI) on India’s creative industries. The CEOs of Instagram, YouTube, and Adobe shared their thoughts on how AI is transforming the way content is created, consumed, and distributed. They also highlighted the opportunities that AI presents for content creators and entrepreneurs in India.
However, the discussion also touched upon the challenges posed by AI tools, particularly in terms of copyright infringement. The CEOs emphasized the need for stricter measures to prevent the misuse of AI-powered tools for copyright infringement and the importance of developing a robust copyright framework in India.
The meeting was attended by a range of stakeholders, including representatives from the Indian government, industry associations, and entrepreneurs. The event provided a unique platform for the participants to engage in a meaningful discussion on the future of India’s creative industries and the role that AI can play in shaping the sector.
The CEO of Instagram, Adam Mosseri, was quoted as saying that India is an increasingly important market for the company, with over 500 million users on the platform. He emphasized the need for AI-powered tools to help content creators and entrepreneurs in India to reach a wider audience and to monetize their content more effectively.
The CEO of YouTube, Neal Mohan, highlighted the role that AI can play in improving the user experience on the platform. He emphasized the importance of developing AI-powered tools that can help users to discover and engage with content that is relevant to their interests.
The CEO of Adobe, Shantanu Narayen, discussed the company’s efforts to develop AI-powered tools for content creators and entrepreneurs in India. He emphasized the need for a collaborative approach to developing these tools, involving both the public and private sectors.
The meeting between PM Modi and the CEOs of Instagram, YouTube, and Adobe is a significant development in the Indian government’s efforts to promote the creative industries in the country. The discussions held during the meeting are likely to have a lasting impact on the future of India’s creative industries, with a focus on harnessing the power of AI to drive growth and innovation.
