Artificial intelligence will augment human ingenuity, not replace it, says Adobe CEO
Artificial intelligence (AI) is going to augment human ingenuity, not replace it, said Shantanu Narayen, chairman and chief executive of $17.61-billion Adobe Inc. The Hyderabad-born executive, who has been at the helm of the Nasdaq-listed company for the last 15 years, cautioned that a rush to regulate AI and «arbitrarily limiting advancements may be harmful». In a wide-ranging conversation with ET's Surabhi Agarwal & Bodhisatva Ganguli, he also talked about the role that Adobe India is playing in building the next-gen AI-led products and the monetisation opportunities for the company arising out of the AI boom.
Narayen, 60, who is among the original crop of the ever-growing list of Indian-origin CEOs leading American multinationals (MNCs), also said that the future of India is «very bright» because of the right combination of demographics, talent and technology and what the government has done with the digital public goods is incredible.
Edited excerpts:
You're here at the B20 event and India seems to be a bright spot in the world right now. What are your thoughts on the India of today, a country you grew up in?
To comment on India this week without commenting on the incredible achievement of the moon landing would be really amiss on my part.
It was just incredible. I think with the demographics, access to education, access to technology, the future (of India) is very bright.
'Digital building blocks in place'
With the macroeconomic and political issues with other neighbouring countries, new opportunities are emerging for industries such as manufacturing and I've said this many times, if I was growing up in India today, I don't know if I would leave the country.
You really mean that?I really mean it.
