PM Meets Instagram, YouTube & Adobe Chiefs at WAVES Event: Report
The Prime Minister of India, Narendra Modi, recently met with the top executives of Instagram, YouTube, and Adobe at the WAVES event in Mumbai. The meeting, which was reported by Moneycontrol, was a roundtable discussion that focused on the opportunities and challenges facing India’s creative industries. The conversation also touched upon the impact of Artificial Intelligence (AI) on the sector, including the threat posed by AI tools to copyright infringement.
The WAVES event, which stands for “Women, Action, and the Visual Economy for Sustainable Entrepreneurship”, is an initiative aimed at promoting entrepreneurship and sustainable development in the creative industries. The event brought together leaders from the corporate sector, academia, and government to discuss ways to foster innovation and growth in the sector.
The meeting between PM Modi and the top executives of Instagram, YouTube, and Adobe was a significant event, given the importance of these platforms in shaping the creative industries. Instagram’s CEO, Adam Mosseri, YouTube’s CEO, Neal Mohan, and Adobe’s CEO, Shantanu Narayen, were all present at the meeting.
During the discussion, the leaders explored the opportunities and challenges facing India’s creative industries. The conversation focused on the potential of AI to drive innovation and growth in the sector, but also highlighted the risks posed by AI tools to copyright infringement.
AI has revolutionized the creative industries, enabling artists and creators to produce high-quality content quickly and efficiently. However, AI tools have also raised concerns about the potential for copyright infringement, as they can generate content that is similar to existing works.
The meeting was an opportunity for the leaders to discuss the potential solutions to this problem. According to reports, the discussion focused on the need for creators to be aware of the capabilities of AI tools and to take steps to protect their intellectual property.
PM Modi has been a strong advocate for the creative industries in India, recognizing their potential to drive economic growth and employment. The meeting was seen as an opportunity for the Prime Minister to engage with the leaders of these platforms and to discuss ways to support the growth of the creative industries in India.
The creative industries are a significant contributor to India’s economy, employing millions of people and generating billions of dollars in revenue. However, the sector faces numerous challenges, including the need for infrastructure development, talent development, and policy support.
The meeting with PM Modi and the top executives of Instagram, YouTube, and Adobe was seen as an opportunity to address these challenges and to identify ways to support the growth of the creative industries in India.
In a statement, PM Modi emphasized the importance of the creative industries in driving economic growth and employment in India. He said, “The creative industries have the potential to drive innovation and growth in India, and it is essential that we provide support to these entrepreneurs and creators.”
The leaders also discussed the need for collaboration between the government, industry, and academia to support the growth of the creative industries. PM Modi emphasized the importance of creating a supportive ecosystem for entrepreneurs and creators, including access to finance, infrastructure, and talent development.
The meeting was a significant event, given the importance of the creative industries in India’s economy. The conversation focused on the potential of AI to drive innovation and growth in the sector, but also highlighted the risks posed by AI tools to copyright infringement.
As the creative industries continue to evolve, it is essential that we address the challenges and opportunities posed by AI. The meeting between PM Modi and the top executives of Instagram, YouTube, and Adobe was an important step in this direction, highlighting the need for collaboration and cooperation to support the growth of the creative industries in India.
