Will everyone lose their jobs due to AI? PM Modi explained to the world from Paris, told about the benefits

Prime Minister Narendra Modi recently addressed the Global AI Summit in Paris, France, where he shed light on the benefits of artificial intelligence (AI) and tackled the widespread fears surrounding it. He emphasized that while there are concerns that AI might lead to massive job losses, history has shown that new technologies often pave the way for new opportunities.

Key Highlights:

  • PM Modi addressed global concerns regarding the impact of AI on employment.
  • He explained how AI, while presenting challenges, also offers significant opportunities for growth and innovation.
  • Modi affirmed that India is ready to share its AI expertise and experience with the world.

Addressing Global Concerns at the AI Summit

During the summit, which was attended by leaders from various nations, PM Modi explained that the rise of AI has sparked fears of widespread job losses across the globe. However, he reassured the international audience that technological advancements historically create new avenues for employment and economic growth.

Speaking at the Grand Palais in Paris, PM Modi highlighted an interesting AI demonstration:
"If you upload your medical report into an AI app, it can explain its meaning in simple, non-technical terms. However, the same AI app might incorrectly create an image of a person writing with their right hand instead of their left. This shows that while AI is a powerful tool, it is still learning and evolving."

India’s Role in Shaping the Future of AI

PM Modi proudly stated that India possesses the world's largest pool of AI talent. He expressed India's willingness to collaborate globally, sharing its knowledge and capabilities to ensure AI benefits everyone.
"India is ready to share its experiences and strengths to create a better future for AI. No single entity holds the key to our collective future or common goals," he remarked.

Amidst the rapid development of AI, apprehensions about its impact on jobs and industries have intensified. PM Modi addressed these concerns, assuring the audience that AI, rather than eliminating jobs, has the potential to create countless new opportunities, as long as it is harnessed responsibly.

Global Collaboration for AI Governance

Acknowledging the fast-paced evolution and deployment of AI, PM Modi thanked French President Emmanuel Macron for co-chairing the summit. He stressed the need for a collective, global effort to govern AI, uphold shared values, and address cross-border challenges.
"As AI accelerates development and increases interdependence across borders, we must work together to foster mutual trust, tackle threats, and establish a governance framework that ensures its ethical and beneficial use," Modi stated.

Conclusion

PM Modi’s address at the Global AI Summit highlighted the dual nature of AI: a transformative force offering immense benefits but also posing challenges that require global cooperation. By advocating for collective action and sharing India's AI expertise, he positioned India as a key player in shaping the future of AI for the benefit of humanity.