PM meets Instagram, YouTube & Adobe chiefs at WAVES event: Report
On the sidelines of the WAVES (World Artificial Intelligence and Machine Learning for Social Empowerment Summit) event in Mumbai, Prime Minister Narendra Modi met with leading technology and social media executives to discuss the opportunities and challenges facing India’s creative industries. The roundtable meeting brought together Instagram chief Adam Mosseri, YouTube CEO Neal Mohan, and Adobe CEO Shantanu Narayen, along with other Indian industry leaders.
The meeting, which was exclusively reported by Moneycontrol, focused on the impact of Artificial Intelligence (AI) on India’s creative industries, including the potential benefits and challenges. One of the key topics discussed was the threat posed by AI tools to copyright infringement. The executives and the Prime Minister explored ways to mitigate this risk and ensure that AI technology is used responsibly.
The WAVES event, which was held on April 10-11, 2023, brought together experts from the fields of AI, machine learning, and social entrepreneurship to discuss the potential of these technologies to drive social change. The event featured a range of speakers, including government officials, industry leaders, and academics, who shared their insights on the latest developments and trends in AI and machine learning.
The meeting between the Prime Minister and the technology executives was seen as an opportunity to discuss the role that AI and social media can play in promoting India’s creative industries. The country has made significant strides in recent years in terms of its startup ecosystem and digital infrastructure, and the government is keen to build on this momentum to drive growth and innovation.
India is home to a thriving creative sector, with a large number of startups and small businesses operating in fields such as film, television, music, and digital media. However, the sector faces a range of challenges, including the need for better infrastructure, funding, and talent pipelines. The government has been working to address these challenges through a range of initiatives, including tax incentives, subsidies, and training programs.
The use of AI and machine learning is seen as a key driver of growth and innovation in India’s creative industries. These technologies have the potential to automate routine tasks, improve efficiency, and create new opportunities for creative expression. However, they also pose challenges, including the risk of job displacement and the need for new skills and training.
The meeting between the Prime Minister and the technology executives was seen as an opportunity to discuss these challenges and opportunities, and to explore ways to ensure that AI is used responsibly and ethically. The executives and the Prime Minister discussed a range of topics, including the potential of AI to drive growth and innovation, the need for better education and training programs, and the importance of promoting ethical and responsible AI development.
One of the key areas of discussion was the threat posed by AI tools to copyright infringement. The use of AI-powered tools, such as deepfake technology, has raised concerns about the potential for copyright infringement and the need for new laws and regulations to protect intellectual property. The executives and the Prime Minister discussed the need for a balanced approach that promotes innovation and creativity while also protecting the rights of creators and artists.
The meeting was seen as a significant step forward in the government’s efforts to promote India’s creative industries and to position the country as a leader in the global AI and machine learning landscape. The Prime Minister’s willingness to engage with leading technology and social media executives sends a strong signal about the government’s commitment to innovation and entrepreneurship.
In conclusion, the meeting between the Prime Minister and the technology executives at the WAVES event was a significant milestone in India’s journey towards AI-driven growth and innovation. The discussion focused on the opportunities and challenges facing India’s creative industries, including the impact of AI and the need for responsible and ethical AI development. The meeting demonstrated the government’s commitment to promoting innovation and entrepreneurship, and its willingness to engage with leading technology and social media executives to drive growth and development.
