Indian IT must hitch an AI ride to front office: Nvidia's Jensen Huang
artificial intelligence (AI) revolution, transforming itself into the world’s front office from its back office, said Jensen Huang, founder and chief executive of chip maker Nvidia.
He also called for the regulation of AI while dismissing fears that it would replace humans, at the second ET Conversations in Mumbai on Friday that was attended by thought leaders, business chieftains and policymakers.
The country has all the ingredients needed to capitalise on the opportunity that will be thrown up by AI thanks to the digital infrastructure that’s in place and software capabilities developed over the years, he said. “India has one of the largest digital ecosystems,” said Huang in his conversation with ET’s Sruthijith KK. “It is an opportunity to reinvent from being the back office of the world, to becoming the front office. From being a cost-reduction centre, to an AI-driven ecosystem.”
Nvidia’s valuation has skyrocketed as its graphics processing unit (GPU) chips, with their vast computing capacity, have become a critical element of the artificial intelligence (AI) surge that’s powering all aspects of the global economy.
Huang elaborated on the evolution that the Indian IT industry has to undergo. “(From) an industry of cost reduction to an industry of innovation. An industry of labour to an industry of invention. An industry that can only make money when you spend hours—to an industry that can make money when you’re sleeping,” he said. “That’s the industry that I’m certain India will become.”
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