PM meets Instagram, YouTube & Adobe chiefs at WAVES event: Report
The WAVES event in Mumbai recently brought together some of the biggest names in the tech and creative industries, including Prime Minister Narendra Modi. The PM met with Instagram chief Adam Mosseri, YouTube CEO Neal Mohan, and Adobe CEO Shantanu Narayen on the sidelines of the event, sparking a conversation about the opportunities and challenges facing India’s creative industries.
The roundtable discussion, reported by Moneycontrol, touched on a range of topics, including the impact of Artificial Intelligence (AI) on the industry. AI has been making waves in recent years, with AI-powered tools becoming increasingly prevalent in areas such as content creation, editing, and even copyright infringement.
One of the key issues discussed during the meeting was the threat posed by AI tools to copyright laws. With AI-powered tools capable of generating content that is often indistinguishable from human-created work, there are concerns that they could be used to circumvent copyright laws and steal intellectual property.
The meeting was seen as an opportunity for the PM to engage with industry leaders and understand the challenges they face in a rapidly changing landscape. It also provided a platform for the CEOs to share their perspectives on the future of the creative industries and the role that AI will play in shaping that future.
According to Moneycontrol, the PM emphasized the need for the creative industries to adapt to the changing landscape and to leverage AI to drive innovation and growth. He also highlighted the importance of copyright laws in protecting the intellectual property of creators and innovators.
Adam Mosseri, the CEO of Instagram, spoke about the potential of AI to enhance the user experience on the platform, but also emphasized the need for caution when it comes to AI-powered content creation. He noted that while AI can be used to generate high-quality content quickly and efficiently, it is essential to ensure that the content is authentic and created by humans.
Neal Mohan, the CEO of YouTube, spoke about the platform’s efforts to promote high-quality content and to combat AI-powered copyright infringement. He emphasized the importance of collaboration between creators, platform providers, and governments to develop effective solutions to this problem.
Shantanu Narayen, the CEO of Adobe, highlighted the company’s commitment to using AI to enhance the creative process, but also emphasized the need for humans to be involved in the creative process. He noted that while AI can be used to automate certain tasks, it is essential to have human input to ensure that the content is creative, innovative, and of high quality.
The meeting was seen as a significant step forward in terms of promoting collaboration and dialogue between the government, industry leaders, and creative industries. It highlighted the need for all stakeholders to work together to address the challenges posed by AI and to promote innovation and growth in the creative industries.
In conclusion, the meeting between the PM and the CEOs of Instagram, YouTube, and Adobe was a significant event that highlighted the importance of collaboration and dialogue in promoting innovation and growth in the creative industries. The discussion on the impact of AI on the industry and the need for caution when it comes to AI-powered content creation was a timely reminder of the need for all stakeholders to work together to address the challenges posed by this rapidly evolving technology.
