Technology crucial for economic recovery in Covid era: Satya Nadella


Satya Nadella

Chennai: Satya Nadella, chief executive officer, Microsoft, on Monday said that despite the constraint caused by the pandemic, digital technology is being adopted at scale for core resilience, not only for future transformation but for business continuity, which is the biggest structural change globally.

Addressing the ‘AI & the New Digital World Ahead’ session at FICCI’s 93rd Annual General Meeting on a fireside chat with FICCI President Dr Sangita Reddy, Nadella said, “The ability to use the digital tools and our built-in infrastructure and capability around the digital track is going to create resilience and transformation”.

“The innovation in India around digital infrastructure in every field, from financial services, healthcare to retail is tremendous due to the ubiquity of computing fabric that is available through every Indian business and every Indian citizen,” he said.

He said, “Computation and computing fabric is now embedded in the real world and the layer of AI and data capability is getting embedded in every consumer and business application is tremendous”.

Dr Eric Schmidt, ex-chairman Alphabet and Chairman of National Security Commission on AI (NSCAI), said, AI is a game-changer and the most powerful tool in generations for expanding knowledge, freedom, and increasing knowledge.

He further mentioned that strong AI partnerships will be important to renew and protect individual rights, restricting commercial competition based on fair rules, and strengthening defence ties.

Raja Koduri, chief architect, Intel Corporation said, AI is observation of data that generates insights that enriched our lives in one way or another, which further led to many advancements in humanity.

Anish Shah, managing director and CEO-designate, Mahindra Group said, “The real frontier for AI is human centric opportunities, to help solve humanity’s biggest needs like health, agriculture, education, smart mobility, to enrich lives and to protect them”.