A latest report predicts that in the next seven years, generative artificial intelligence will bring huge benefits to the Indian economy, and is expected to add a cumulative GDP of 1.2-1.5 trillion US dollars. This demonstrates the huge potential of AI technology in driving economic growth, especially for a rapidly growing economy like India. The report provides an in-depth analysis of the advantages and challenges of India's embrace of general artificial intelligence and forecasts the impact on multiple industries, covering business services, finance, education, retail and healthcare.
A report pointed out that in the next seven years, generative artificial intelligence is likely to add a cumulative US$1.2-1.5 trillion to India's GDP. The report provides insights into India's readiness and challenges in embracing general artificial intelligence, with expected impacts across industries including business services, financial services, education, retail and healthcare, including improvements in workforce productivity, operational efficiency improvements and personalization ized customer engagement.
The report’s predictions are encouraging, but they also remind us to pay attention to potential challenges and the need to develop corresponding strategies to make full use of artificial intelligence technology and achieve sustainable development. In the future, artificial intelligence technology will continue to profoundly affect the global economy, and India is expected to be one of the biggest beneficiaries.