artificial intelligence (AI) usage gains prominence, countries will need to work on building their own capabilities in large language models and computing infrastructure to support sovereign AI capabilities, said IBM chairman and CEO Arvind Krishna, adding that the government could possibly consider investing in this area that will cost only «millions and not billions».
“I am a firm believer that every country ought to have some sovereign capability on artificial intelligence, including large language models for AI,” said Krishna. The government needs to support setting up national AI computing centers and common data sets for specific use cases, he said.
The 61-year-old Krishna, in India currently, was speaking during a media roundtable on Monday in the company's India headquarters in Gurgaon.
Krishna was appointed CEO of IBM three years ago and its chairman in 2021.
“You could want to use it for domestic use cases that the world does not want to invest in or because you don’t want to expose the purpose to the rest of the world,” he added.
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Talking about the larger macroeconomic uncertainty which has impacted the revenues of most technology companies and led to large-scale layoffs, Krishna said that the concerns around cybersecurity and geopolitics will mean that governments and companies will continue to spend on technology.
“We see technology spending remaining in the mid single digit range. About 3- 6% is probably a reasonable global growth rate for a technology spend.