What Is A Future Artificial Intelligence In India? Is India Moving Forward Or Backward

Artificial intelligence is intelligence demonstrated by machines, unlike the natural intelligence displayed by humans and animals, which involves consciousness and emotionality. The distinction between the former and the latter categories is often revealed by the acronym chosen. AI has entered the scene of computer science in the early ‘50s when computers started learning checkers strategies and speaking English. Since then the field has made remarkable progress. With faster and more powerful computers, access to larger amounts of data and algorithm improvements, AI systems have taken off in the last few years.

According to the report from NASSCOMM, Data and Artificial Intelligence (AI) could potentially add $450-500 billion to India’s gross domestic product (GDP) by 2025 and drive India’s economic growth. Speaking at the event Esha Tiwary, General Manager of Entrepreneur First, India said, “Today, we are fortunate to have AI talent and researchers in the country that are top of the line at a global level. In fact, we are at the peak of reverse brain drain in the country – well trained and high-quality AI researchers and experts are coming back to India to create impact here. As the real impact of AI lies in solving complex real world problems, it is quite exciting and inspiring to already see disruptions happening across multiple industries such as fintech, healthcare and real estate.”

As per a study, it is expected to double the annual economic growth rate of 12 developed countries by 2035. … Though several countries have decided their strategy for AI, India has not yet formulated its strategy. This article reviews the international as well as national scenario and suggests way forward for India. Several startup companies have emerged in India in the recent past Jan . According to a report by Zinnov, there are around 170 AI related startups in India and these have received an investment of $36 million in total India Based. 64 out of these are located in Bengaluru. These are working in the domains of healthcare, e-commerce, finance, etc. Tuplejump, a startup helps the clients visualize the data while taking a decision. It has been acquired by Apple. ClearTax is developing a solution for e-filling using documents directly. AIndra is developing devices with computer vision ability for the applications like facial recognition, detection of cervical cancer, etc. A list of example startups in India.

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