ET Interview | AI to speed up India’s growth on road to 2047: Microsoft CEO Satya Nadella
Satya Nadella, chairman and chief executive officer of Microsoft Corporation. Emphasising the role of artificial intelligence in driving increased productivity, the Hyderabad-born technocrat said it gives him “tremendous optimism” that it (AI) will further accelerate India’s growth as it races towards its goal of becoming a developed nation by 2047.
“At the end of the day, what's the difference between being a developed country and a developing country? It’s just the rate of growth over long periods of time,” 56-year old Nadella told ET in an interview, last week. He cited the example of the digital public goods, which when “scaffolded or daisy-chained with a large language model” can create several innovative solutions for various sectors of the economy.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitMITMIT Technology Leadership and InnovationVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisitHe also noted that using AI, India can create solutions that not only deliver societal benefit and drive productivity for the country, but will also be “very relevant for the rest of the world.”
“India’s unique ability to use this technology to create solutions for its own structural challenges is (also) going to be a competitive advantage,” said the Microsoft CEO, whose company posted revenues of $211 billion in 2023. Microsoft's market value crossed the $3 trillion mark earlier this year. The
