Artifical Intelligence is rewriting the grammar of software development. And writing codes will no longer be the central role for tech professionals, Infosys co-founder Nandan Nilekani said Tuesday.
'Binary fission will happen -- startups will lead to more startups.'
Unlike AI uses for consumers, the next generation technology for enterprises will unfold over several years and the biggest challenge is to unleash AI for next wave of productivity for businesses, Infosys chairman Nandan M Nilekani said on Wednesday. While speaking at 43rd annual general meeting (AGM) of Infosys, Nilekani said the initial AI doomerism has quietened down and people have accepted that, like any other general-purpose technology -- electricity, nuclear energy, the internet etc, gen AI (generative artificial intelligence) has enormous potential for good when advanced within the guardrails of responsibility.
An initiative of Nandan Nilekani's EkStep Foundation, people+ai on Tuesday unveiled its vision for the future of Artificial Intelligence (AI) in India, dubbed 'Adbhut India' (Amazing India). It aims to harness AI as a powerful tool to enhance the lives of all Indians. The event marked the rollout of several initiatives by people+ai that are focused on discovering, demonstrating, and disseminating population-scale AI use cases for India.
Infy to cast wide net in CEO search, may go back to 'alumni'
'We are the only country in the world where everybody gets a digital vaccination certificate immediately... Then as we open up, as they did yesterday, which I think is a welcome move, you will have lots and lots of points where people will come in'
Infosys chairman Nandan Nilekani voluntarily chose not to receive any remuneration for his services.
The Infosys co-founder has filed a complaint with the Election Commission against his opponent in Bangalore South
Data privacy, he said, is a broader argument beyond Aadhaar as it includes everything such as issues related to mobile phones and social media data.
Infosys co-founder and Unique Identification Authority of India Chairman Nandan Nilekani, tipped to contest from Bangalore South on a Congress ticket, will be officially joining the ruling party on Sunday.
The company said the committee, headed by independent director D Sundaram and assisted by independent legal counsel Shardul Amarchand Mangaldas & Co, and PricewaterhouseCoopers, found that the "allegations are substantially without merit".
Chandrajit Banerjee, director general, CII said: "This move will bestow the benefits of information technology to the common man and will also help establish citizenship, thus enhancing security at various levels. This would further bring transparency in different delivery channels, help in mapping diverse requirements of the nation and, in turn, assure better planning and strategisation for the country."
The move to set up the UID Authority of India, under the aegis of the Planning Commission, is aimed at providing a unique identity to the targeted population of the flagship schemes to ensure that the benefits reach them, information and broadcasting minister Ambika Soni told reporters here after the Cabinet meeting.
Nandan Nilekani, chairman of the Unique Identification Authority of India, is the latest to join a host of politicians taking to austerity and is likely to shift to the modest Karnataka Bhavan here from a 5-star hotel.
The serial blasts in Mumbai would have no impact on Indian IT industry, thriving on outsourcing, industry leaders said on Wednesday.
Nilekani is the president of NCAER's governing body, while Rohini Nilekani is the Founder-Chairperson of Arghyam, a foundation that supports initiatives around the country for safe and sustainable water and sanitation.
The Microsoft chief's comments come in the wake of Bill Gates' call for levying taxes on robots that take away jobs from people.
'We may bite the bullet and draw up plans for privatisation.' 'If that is done now, the sale of the government stake will fetch money; a delay will see erosion in whatever value is left in these banks,' says Tamal Bandyopadhyay.
Nilekani also said that many start-ups would not succeed but entrepreneurs gain tremendous experience and can to go to another start-up
Co-founder Nilekani could take the role of non-executive chairman, becoming a bridge between the board and Murthy, reports Ayan Pramanik.
Unique Identification Authority of India chairman Nandan Nilekani said the Aadhar number "dramatically improves the convenience" and makes the life "simpler".
Stating that he has no intention to become CEO of the company, he said the future strategy of Infosys will be aligned with global developments and he sees tremendous opportunity in software data and machine learning.
The new chairman of the country's second-largest IT firm acknowledged that he is an "admirer" of Murthy, saying the "iconic visionary" is the father of corporate governance in India.
Invests $50 mn in 11 entities in just over a year, commits $25 mn more; prefers putting money in firms trying to solve India-specific problems
Banking as we know it will stand on its head in the next 10 years.
UIDAI Chairman Nandan Nilekani on Friday said he will resign from his job by March-end to contest Lok Sabha election on Congress ticket.
Nilekani said that in India which has the total population of over one billion, only 50 million people had passports which was mere five per cent of total population, around 30 million people paid taxes and over 150 million people had driver licence.
Making his wealth public a day before stepping into the fray, Infosys co-founder and Congress candidate from Bangalore South, Nandan Nilekani has declared that he and his wife Rohini Nilekani have assets worth Rs 7,700 crore.
Nilekani, whose name is doing the rounds for Bengaluru South constituency, however, did not say when he will join Congress party.
Vishal Sikka who was made vice-chairman till his successor was appointed, also quit the board with immediate effect.
New strategy for Infosys by October, says Nandan Nilekani. New chairman's other priorities: Hiring CEO, reviewing Panaya probe reports.
Nilekani said new-age technology markets work on a winner-takes-all basis.