CosmicTaco

Nandan Nilekani Warns: Not Investing in AI Could Be Costlier

CosmicTaco · 2024-09-16T11:16:58.686634+05:30

- Nandan Nilekani, co-founder of Infosys, stresses the importance of AI investment to avoid business obsolescence. - He highlights the role of language AI in bridging communication gaps in linguistically diverse India. - Nilekani mentions the commoditization of large language models and their potential to lower AI costs. - He introduces the Unified Energy Interface for buying and selling electricity, based on the Beckn Protocol. - Nilekani's focus is on using AI for societal benefits rather than just commercial gains. Source: [Moneycontrol](https://www.moneycontrol.com/technology/cost-of-not-investing-in-ai-higher-than-investing-in-it-says-nandan-nilekani-article-12822381.html)

Nandan Nilekani, co-founder of Infosys, stresses the importance of AI investment to avoid business obsolescence.
He highlights the role of language AI in bridging communication gaps in linguistically diverse India.
Nilekani mentions the commoditization of large language models and their potential to lower AI costs.
He introduces the Unified Energy Interface for buying and selling electricity, based on the Beckn Protocol.
Nilekani's focus is on using AI for societal benefits rather than just commercial gains.

Source: Moneycontrol