PM meets Instagram, YouTube & Adobe chiefs at WAVES event: Report
The WAVES (Women, Action, and Visibility in the Economy and Society) event in Mumbai recently witnessed a significant gathering of industry leaders and policymakers. The highlight of the event was a roundtable discussion between Prime Minister Narendra Modi, Instagram CEO Adam Mosseri, YouTube CEO Neal Mohan, and Adobe CEO Shantanu Narayen. The conversation focused on the opportunities and challenges facing India’s creative industries, with Artificial Intelligence (AI) being a key topic of discussion.
The meeting was a unique opportunity for the PM to engage with the chiefs of three prominent technology and innovation-driven companies. The discussion aimed to explore ways to leverage AI and other technologies to boost India’s creative industries, including the entertainment, music, and art sectors.
According to reports, the roundtable discussion touched upon the potential of AI to drive innovation and growth in India’s creative industries. However, the participants also emphasized the need to address the challenges posed by AI, including the threat of copyright infringement. AI-powered tools have the capability to create high-quality content, which can potentially lead to the theft of intellectual property.
The meeting was attended by representatives from the Indian creative industry, including filmmakers, musicians, and artists. The PM reportedly sought their inputs on how AI can be used to create new opportunities for them, while also ensuring that their intellectual property rights are protected.
The discussion also highlighted the need for policymakers and industry leaders to work together to create a conducive environment for innovation and growth in India’s creative industries. The PM emphasized the importance of building a robust digital infrastructure and providing access to affordable internet connectivity to enable the widespread adoption of AI and other technologies.
The meeting was seen as a significant step towards promoting collaboration between the government, industry, and civil society to drive innovation and growth in India’s creative industries. The PM’s engagement with the chiefs of Instagram, YouTube, and Adobe is expected to have a positive impact on the country’s creative economy, which has been growing rapidly in recent years.
India’s creative industries have been gaining momentum, driven by the growth of the digital economy and the increasing demand for entertainment and leisure activities. The country has become a major hub for the production of films, music, and art, with many Indian artists and creators gaining international recognition.
However, the industry is also facing several challenges, including the need for improved infrastructure, access to finance, and protection of intellectual property rights. The meeting between the PM and the industry leaders is expected to help address these challenges and create new opportunities for the creative industries.
The PM’s engagement with the chiefs of Instagram, YouTube, and Adobe is also seen as a significant step towards promoting India’s soft power globally. The country’s creative industries have the potential to promote Indian culture and values globally, and the PM’s initiative is expected to help achieve this goal.
In conclusion, the meeting between the PM and the chiefs of Instagram, YouTube, and Adobe was a significant step towards promoting collaboration and innovation in India’s creative industries. The discussion highlighted the potential of AI to drive growth and innovation in the sector, while also emphasizing the need to address the challenges posed by AI, including the threat of copyright infringement. The PM’s initiative is expected to have a positive impact on the country’s creative economy and promote India’s soft power globally.
