NEW DELHI: Infosys co-founder and chairman Nandan Nilekani on Thursday said that India may emerge as a principal beneficiary of productivity gains and inclusion from AI in the next decade, despite low visibility in chip, infrastructure or LLM.“It’s in the area of applied AI, that India will become a leader. We will become the AI use case capital of the world because we will actually deploy AI and make it useful, not just for a few businesses or a few people, but make it accessible and useful to a billion Indians. Applying AI to change the lives of Indians and population scale, just like we did with DPI (digital public infrastructure), is really where it’s going to go,” he said at India Policy Forum.Nilekani, who also chairs think tank NCAER, cautioned about the impact on jobs that AI will have on large companies, but added small businesses are better placed given that they are small and many are single person companies.“In some sense, the future will be small businesses, because in terms of job creation, because large companies, which are very well structured, will actually be the most vulnerable to job losses, because they’re so well structured that every job is reduced to a few set of tasks. It’s also easy to automate that and remove jobs. So large companies will probably be net job losers in the coming years.”Instead of expecting a few companies to hire a million people, the economy will grow because “a million companies have one person each”, he said.
