PM meets Instagram, YouTube & Adobe chiefs at WAVES event: Report
In a significant development, Indian Prime Minister Narendra Modi met with the chiefs of three global technology giants â Instagram, YouTube, and Adobe â on the sidelines of the WAVES (Women, Action, and the Visual Economy Summit) event in Mumbai. The high-profile roundtable discussion brought together Instagram chief Adam Mosseri, YouTube CEO Neal Mohan, and Adobe CEO Shantanu Narayen, along with representatives from India Inc. The conversation focused on the opportunities and challenges for India’s creative industries, with Artificial Intelligence (AI) being a key area of discussion.
The meeting, which was attended by a select group of industry leaders and entrepreneurs, aimed to explore the potential of AI in driving innovation and growth in India’s creative sector. According to reports, the discussion touched upon the impact of AI on content creation, its potential to enhance productivity, and the need for creators to adapt to the changing landscape.
Another key topic of discussion was the copyright infringement threat posed by AI tools. With AI-powered content generation tools becoming increasingly popular, there are concerns about the potential misuse of these technologies to steal intellectual property and undermine the creative work of artists and content creators. The meeting provided a platform for industry leaders to share their perspectives on this critical issue and explore ways to address it.
The WAVES event, which was held on November 24, 2022, brought together a diverse group of stakeholders from the creative industries, including entrepreneurs, investors, and policymakers. The summit aimed to promote women’s participation in the visual economy and provide a platform for industry leaders to share their experiences and insights.
The meeting between the Prime Minister and the technology chiefs is seen as a significant step towards fostering greater collaboration and cooperation between India’s creative industries and global technology giants. With India’s creative sector growing rapidly, the country is poised to play a significant role in shaping the global digital economy.
The Prime Minister’s meeting with the technology chiefs is also seen as an effort to promote India as a preferred destination for investment and innovation. With its large and young population, abundant talent pool, and growing economy, India is an attractive market for global technology companies.
In recent years, India has made significant strides in promoting its creative industries, including the film and television production, music, and animation sectors. The country has also been actively promoting its startup ecosystem, with many global investors and entrepreneurs showing interest in the Indian market.
The meeting between the Prime Minister and the technology chiefs is a testament to the growing importance of India’s creative industries in the global economy. As AI and other emerging technologies continue to shape the future of content creation, it is essential for industry leaders to come together and explore ways to harness their potential while addressing the challenges and risks associated with their use.
In conclusion, the meeting between the Prime Minister and the technology chiefs at the WAVES event is a significant development that highlights India’s growing importance in the global creative economy. The discussion on AI and copyright infringement is a critical step towards promoting innovation and growth in India’s creative industries while ensuring that the rights of creators are protected.
