Business Standard

Nasscom to set up centres of excellence on AI

- PRESS TRUST OF INDIA

Software industry lobby Nasscom is setting up centres of excellence on artificial intelligen­ce (AI) and data sciences, for a better understand­ing on the emerging technologi­es, a top official has said.

With the informatio­n technology world getting divided between whether or not to regulate AI, the body feels technologi­es should be freely allowed to mature before any regulation comes in, its president R Chandrasek­har has said. “We are setting up a centre of excellence on AI and data sciences in Bengaluru and Hyderabad. They will look at mapping the resources available in the country, promoting start-ups in that area and also best practices globally, including regulatory aspects,” he told PTI recently.

He, however, did not offer the investment that will go into these proposed centres nor a timeline as to when the first centre of excellence will be functional.

When sought his views on regulation of technologi­es, he said, “in the new-age technologi­es, regulation is important but it need not always precede the advent of technology as technology is evolving so quickly that regulation has only to keep pace with that.”

It can be noted that the tech world has been vertically divided over the aspect of regulation, with Tesla founder Elon Musk pitching for regulation, while Facebook's Mark Zuckerburg opposing it.

“Whichever side you are on, the time has not come to make laws which will guide behaviour of robots and create an IPC (Indian Penal Code) for robots,” Chandrashe­khar quipped. He said we have been too pessimisti­c because of the advent of new technologi­es and its impact on the sector, which gets us revenues of upwards of USD 150 billion and creates 4 million direct jobs. In the interview before companies started announcing their Q2 numbers, Chandrasek­har said the industry is on track to achieve the body's revenue growth forecast of up to 8 per cent this fiscal year. "I believe we are on track as far as the revenue growth guidance is concerned," he said. "When we said there is no need to panic, everybody said you are trying to paint a rosy picture where none exists. Now some people are saying actually things are not so bad, they are looking up now and the future looks better," he added.

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