PM meets Instagram, YouTube & Adobe chiefs at WAVES event: Report
In a significant development, Prime Minister Narendra Modi met with the CEOs of Instagram, YouTube, and Adobe on the sidelines of the WAVES (Women, Action & Vision for the Empowered Society) event in Mumbai. The roundtable discussion, which was attended by other industry leaders and entrepreneurs, focused on the opportunities and challenges facing India’s creative industries, including the impact of Artificial Intelligence (AI).
According to a report by Moneycontrol, the discussion also touched upon the copyright infringement threat posed by AI tools, which has been a growing concern for content creators and owners. The meeting was seen as an effort by the government to engage with the tech industry and understand the challenges and opportunities it presents for India’s creative economy.
The meeting was attended by Instagram CEO Adam Mosseri, YouTube CEO Neal Mohan, and Adobe CEO Shantanu Narayen, among others. The discussion was moderated by the Prime Minister himself, who is known for his enthusiasm for digital technologies and their potential to transform India’s economy.
The conversation at the roundtable was reportedly lively and engaging, with the CEOs sharing their insights on the current state of the tech industry and its future prospects. The Prime Minister is said to have been particularly interested in the role that AI can play in empowering India’s creative industries, including film, music, and art.
The use of AI in content creation has been gaining momentum in recent years, with AI-powered tools allowing creators to generate music, videos, and even entire films. While AI has the potential to revolutionize the creative process, it also raises concerns about copyright infringement and the potential loss of jobs for human creators.
The CEOs of Instagram, YouTube, and Adobe are said to have emphasized the need for a balanced approach to AI, one that recognizes its potential benefits while also addressing its potential risks. They reportedly suggested that the government could play a key role in promoting the development of AI-powered creative tools, while also working to protect the intellectual property rights of content creators.
The meeting was seen as an important step forward in the government’s efforts to engage with the tech industry and promote the growth of India’s creative economy. The Prime Minister has been a strong advocate for the use of digital technologies to drive economic growth and development, and the meeting with the CEOs of Instagram, YouTube, and Adobe is seen as an effort to further this goal.
In recent years, India has seen significant growth in its creative industries, including film, music, and art. The country has become a major hub for content creation, with many international brands and studios setting up shop in India. The growth of these industries has created new opportunities for entrepreneurs and artists, while also contributing to the country’s economic growth and development.
However, the growth of India’s creative industries has also raised concerns about copyright infringement and the potential loss of jobs for human creators. The use of AI-powered tools has the potential to exacerbate these concerns, particularly if they are not developed and used in a way that respects the intellectual property rights of content creators.
The meeting between the Prime Minister and the CEOs of Instagram, YouTube, and Adobe is seen as an important step forward in addressing these concerns. The CEOs are said to have emphasized the need for a balanced approach to AI, one that recognizes its potential benefits while also addressing its potential risks. They reportedly suggested that the government could play a key role in promoting the development of AI-powered creative tools, while also working to protect the intellectual property rights of content creators.
The meeting was also seen as an effort by the government to engage with the tech industry and understand its concerns and priorities. The Prime Minister has been a strong advocate for the use of digital technologies to drive economic growth and development, and the meeting with the CEOs of Instagram, YouTube, and Adobe is seen as an effort to further this goal.
In conclusion, the meeting between the Prime Minister and the CEOs of Instagram, YouTube, and Adobe is an important development for India’s creative industries. The discussion on the sidelines of the WAVES event focused on the opportunities and challenges facing India’s creative industries, including the impact of Artificial Intelligence (AI). The meeting was seen as an effort by the government to engage with the tech industry and understand its concerns and priorities, while also promoting the growth of India’s creative economy.
