India's IT sector should overhaul business, create own language models, HCLTech CEO says
Indian IT firms need to rethink how they operate and the country needs to create its own language models as artificial intelligence technologies disrupt the sector, according to HCLTech CEO C Vijayakumar. The generative AI boom has threatened to disrupt business models for Indian IT companies that largely serve clients in the United States for operations support, providing software as a service. India's IT industry is facing significant challenges due to the growing use of artificial intelligence technologies, which are changing the way businesses operate.
- As the world becomes increasingly dependent on AI-powered systems, countries will need to establish robust regulations and standards to ensure that these technologies serve human interests rather than exacerbating existing power imbalances.
- What role do governments plan to play in regulating the development and deployment of AI models, particularly when it comes to sensitive areas like language processing and data privacy?