January 21, 2021 8:04 am

Prime Minister Narendra Modi cautions against demonisation of Artificial Intelligence

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Prime Minister Narendra Modi has cautioned against the demonisation of technology, saying the effort should be to harness its potential to transform people’s lives.

Disputing the dire narrative about threat of job losses because of the growing application of , Modi said, “There has been a trend to demonise technology. In the context of India, it has been depicted as a threat to our demographic dividend.

“Technology unites, it does not divide. It acts as a bridge between aspiration and achievement, demand and delivery and between government and governance. It is a talent and force multiplier. The need is to build bridges between Artificial Intelligence and human intentions.”

The PM was speaking at the launch of ‘’, written by Tata Sons chairman N Chandrasekaran and , chief economist and head of policy advocacy at the Tata Group. She was earlier part of the Goldman Sachs team that coined the term ‘BRIC’ to describe the potential that Brazil, Russia, India and China held.

Modi gave the first copy of the book to Ratan Tata, chairman emeritus of Tata Sons.

He praised the book and said it represented “positivity, creativity, and constructive mindset” that was crucial for the fast growing aspirational India.

Modi also said the book, with its positive outlook, would promote optimism among people, including among “professional pessimists”.

Modi said technology had helped foster a new system eco-system of startups which now stretched to Tier-2 and Tier-3 cities, and cited the example of India Post Payment Bank to emphasise that the challenges posed by technology could be converted into opportunities.

“Disruption caused by technology to the entire postal organisation was converted into a technology intensive banking system, benefiting millions through postal bank which transformed the ‘dakiya into a bank babu’,” he said.

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