PM Meets Instagram, YouTube & Adobe Chiefs at WAVES Event: Report
In a significant development, Prime Minister Narendra Modi recently met with the chiefs of Instagram, YouTube, and Adobe on the sidelines of the WAVES (World Alternative and Virtual Experience Summit) event in Mumbai. The roundtable discussion, which was exclusively reported by Moneycontrol, focused on the opportunities and challenges facing India’s creative industries, including the impact of Artificial Intelligence (AI).
The meeting was attended by Instagram chief Adam Mosseri, YouTube CEO Neal Mohan, Adobe CEO Shantanu Narayen, and other industry leaders. The discussion was moderated by Ramesh Sippy, a renowned filmmaker and the chairman of the Indian Film and Television Directors’ Association.
According to sources, the conversation centered around the potential of AI to transform India’s creative industries, such as film, music, and gaming. The participants also deliberated on the challenges posed by AI tools, including the threat of copyright infringement.
The use of AI in content creation has been gaining popularity in recent years, with tools like AI-generated music and AI-powered editing software becoming increasingly prevalent. However, this trend has also raised concerns about the potential for AI tools to steal intellectual property and threaten the livelihoods of creatives.
The meeting was seen as an opportunity for the Prime Minister to engage with the leaders of some of the world’s most influential technology companies and discuss how India can leverage their expertise to drive growth and innovation in its creative industries.
In a statement, the Prime Minister’s Office (PMO) said that the meeting was part of the government’s efforts to promote India’s creative economy and position the country as a hub for innovation and entrepreneurship.
“The Prime Minister’s Office is committed to creating an ecosystem that supports and nurtures creativity, innovation, and entrepreneurship in India,” the statement said. “The meeting with the global leaders of the creative industry is part of our efforts to promote India’s creative economy and position the country as a hub for innovation and entrepreneurship.”
The WAVES event, which was held on November 11-12, brought together industry leaders and experts to discuss the future of the creative industry and the role of technology in shaping its future. The event was attended by over 1,000 delegates from across the world, including filmmakers, musicians, gamers, and other creatives.
The Prime Minister’s meeting with the Instagram, YouTube, and Adobe chiefs was seen as a significant step towards promoting India’s creative economy and leveraging the expertise of global technology companies to drive growth and innovation in the country.
As India looks to position itself as a major player in the global creative economy, the meeting with the leaders of Instagram, YouTube, and Adobe was seen as a critical step towards achieving this goal. The country’s creative industries, including film, music, and gaming, have the potential to be major drivers of economic growth and job creation, and the government is keen to promote and support these sectors.
In conclusion, the meeting between the Prime Minister and the chiefs of Instagram, YouTube, and Adobe was a significant development that highlights the government’s commitment to promoting India’s creative economy and leveraging the expertise of global technology companies to drive growth and innovation in the country.
