Human mind will always be supreme, superior to any AI, India does not see this as concern for job loss: Piyush Goyal
London [UK], June 20 (ANI): Union Minister Piyush Goyal said that most Indians are convinced that the human mind will always be supreme and superior to any kind of artificial intelligence (AI) and assuaged concerns of job losses due to the emerging technology
He made these remarks during his interaction at the 'Future Frontier Forum' held in London on Thursday.
'Artificial intelligence is an area that India is absolutely going to adopt. It's going to bring it to our working. We do not see this as an area of concern that will lead to job losses,' the minister said at the event.
He added, 'Given our talent in the country, I think we should open up many, many more avenues to help the world in terms of data, in terms of decoding new possibilities with AI. So we are only looking at it as a need to retrain our people, to re-skill our talent, but adopt it.'
'So at the end of the day, most Indians are convinced the human mind will always be supreme. To get the best of AI, the human mind has created it and will be able to tame it and ultimately will be superior to any kind of AI. That I am absolutely sure,' he said.
Piyush Goyal is on a two-day official visit to the United Kingdom from Wednesday. The visit is aimed at holding key meetings related to the India-UK Free Trade Agreement (FTA).
This high-level visit highlights India's growing efforts to strengthen its trade and investment partnership with the UK. It comes shortly after the India-UK FTA was announced by the Prime Ministers of both countries last month.
On Thursday, the minister also held a productive meeting with Rachel Reeves, Chancellor of the Exchequer, UK.
In a social media post, the minister said, 'Discussed avenues for collaboration in financial frameworks, sustainable finance, and unlocking new trade opportunities to further strengthen the India-UK economic partnership.'
He also had an engaging discussion with Oliver Prill, CEO of Tide, a business financial platform based in the UK.
'With India's massive strides in the digital world, we discussed the fintech ecosystem, digital empowerment, and fostering SME-led growth across both economies,' Goyal shared. (ANI)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
29 minutes ago
- Hindustan Times
Viral video shows violent clash on Kedarnath Yatra route, men attack each other with sticks
In the early 2000s, Goa's party scene excluded Indians, with foreigners dominating spaces like Anjuna beach. Today, Aman Gupta notes a shift, with Indian tourists now welcomed warmly and able to pay more, reflecting India's evolving tourism landscape.
Time of India
31 minutes ago
- Time of India
UP has become land of expressways from bimaru state: UP CM Yogi Adityanath
UP has become land of expressways from bimaru state: UP CM Yogi Adityanath (Image: ANI) AZAMGARH: Uttar Pradesh Chief Minister Yogi Adityanath hailed the state government on Friday and said that it is working towards fulfilling the goal of 'Viksit Bharat' by the year 2046. CM yogi asserted that Uttar Pradesh has changed its reputation and has become a state of "expressways" from a "bimaru" state. CM Yogi inaugurated the 91.35 km long Gorakhpur Link Expressway in Azamgarh on Friday, connecting several districts to Gorakhpur including Azamgarh He recalled the time when people were afraid of the name of Azamgarh but expressed his happiness that it has joined the path of "development" "The double engine government of the BJP is working to fulfil the goal of 'Viksit Bharat' by 2047... Uttar Pradesh has now made its reputation as a state with expressways from a 'bimaru' state.. Eight years ago, people were afraid to take the name of Azamgarh, UP.. Azamgarh has now joined the path of development... Purvanchal Expressway was inaugurated by PM Modi in 2021", CM Yogi said Critising the previous state government, CM Yogi Adityanath said that the work of the Agra-Lucknow Expressway was half done but during his tenure projects related to six expressways in the state have been completed. "The work on the Agra Lucknow expressway was half done. Today I am happy to tell you that we have completed six projects. You are witnessing the journey of the Purvanchal Expressway. We are continuously building it 300 km long. The 340km long Purvanchal Expressway has already been completed and its connectivity to Patna is about to be completed. Now remember how easy the connectivity from Patna to Lucknow and Lucknow to Delhi will become" CM Yogi said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo He stated that the 340 km- long Purvanchal Expressway is about to extend its connectivity to Patna. He called freedom fighters Veer Kumar Singh and said that if the Purvanchal Expressway had been built in 1857, India would have become independent at that time. "When Veer Kunwar Singh, the hero of the first war of independence in 1857, fought the British till Azamgarh to defeat them, there was no connectivity. If this Purvanchal expressway had been there at that time, the people of Azamgarh would have beaten the British along with Veer Kunwar Singh and then this country would have become independent in 1857 itself. There was no connectivity at that time", he added Hailing Dinesh lal Yadav Nirahua, during his tenure as the MP of Azamgarh, CM Yogi stated that when he was sent to the parliament, a music college in Hariharpur was approved. He attacked the opposition and asserted that people who made Azamgarh a "stronghold" of terror didn't have enough time to honour the black pottery, sarees and music of the district. "He was sent to the country's parliament, and as soon as Dinesh Lal Yadav became an MP, a gharana of this music college in Hariharpur. Just think, in Hariharpur a gharana of this music needed recognition. the Kayan Badal dance was performed by all the MLAs here together, but those who had made Azamgarh a stronghold of terror could not find them. They did not have enough time to honour black pottery, to honour the sarees of Azamgarh, to honour the music department of Hariharpur village, to give a university to Azamgarh, to connect Azamgarh with air connectivity", CM Yogi added.
Hindustan Times
32 minutes ago
- Hindustan Times
Indian deposits in Swiss Banks dropped 18% in last 10 years: Report
Deposits by Indian nationals in Swiss banks have dropped by nearly 18% over the past decade, according to the latest data released by the Swiss National Bank (SNB), reported news agency ANI. The figures show that funds held by Indian customers fell from around 425 million Swiss francs in 2015 to approximately 346 million Swiss francs in 2024. While deposits spiked during the COVID-19 period, reaching a 10-year high of about 602 million Swiss francs, they began to decline post-pandemic. In 2023, Indian deposits stood at 309 million Swiss francs. A modest rise of 37 million francs was recorded in 2024, bringing the total to 346 million. However, despite the recent increase, the decade-long trend remains downward. Experts attribute the overall decline in foreign deposits to tighter financial regulations, increased international scrutiny, and evolving global norms around transparency and tax compliance. This falling trend is not exclusive to India. Other major economies have also reported a decline in their nationals' deposits in Swiss banks. UK citizens' deposits fell from 44 billion Swiss francs in 2015 to 31 billion in 2024. Chinese deposits also saw a dip, decreasing from 5.01 billion to 4.3 billion Swiss francs during the same period. Among India's neighbors, Pakistan witnessed a sharp drop, with deposits plunging from 947 million Swiss francs in 2015 to 241 million in 2024 — a fall of nearly 75%. Similarly, Bangladeshi nationals' deposits declined from 48 million to 12.6 million Swiss francs, marking a 73% drop. Saudi Arabia's deposits nearly halved over the decade, falling from 8.3 billion to 4.8 billion Swiss francs. The most significant decline was recorded for American nationals, whose deposits dropped by around 62%, from 64.2 billion in 2015 to 24.4 billion Swiss francs in 2024. (With ANI inputs)
