Global AI Conclave Highlights: Karya.ai founder says AI's impact comparable to internet, urges inclusive access for all

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Chris Miller says, "I think it's very understandable to focus on chip design as it has a large value addition. But if you want to give a lot of jobs to low paid workers, then chip packaging seems a good way to go."

Not just India, all governments are thinking whether to train their own AI models or use open source models, says Chris Miller

If we look at Bangalore, we see 10,000 people working on chip Industry. This is a solid foundation to start off with. Tens of thousands of people in Bengaluru work in the chip design industry. That's an extraordinary base to build on which most countries don't have, says Chris Miller, Author - Chip War & Associate Professor - The Fletcher School at Tufts University.

We produce a trillion chips a year globally. We have learnt to build them very well. Chipmaking is concentrated in a few countries and between a few players because it has to be very efficient and precise, says Chris Miller, Author - Chip War & Associate Professor - The Fletcher School at Tufts University.

- Times when capital is scarce are very good times. Not because we want better deals but because it pushes founders to be more efficient. Tech investing will pick up very rapidly in the next few months. We’ve made 28 investments in the seed and surge pocket. We’ve been very active especially in the early stage.

Prashanth Prakash, Founding Partner Accel, Chairman Vision Group for Startup's, Govt of Karnataka says:

- Healthcare will see more viable AI usecases even before education

- For a farmer or any agri worker Google is still intimidating, they cannot find a usecase. AI might solve this. We will see more usecases in Healtcare, Agri and education.

- Early AI adoption in Bharat requires a philanthropic money and grants, at least in the initial phases. However the value or the leverage out of it is very fascinating. This is like NGO 2.0.

Manu Chopra Founder & CEO, Karya.ai, says 'We just finished building a model which would work as a chatbot for tuberculosis patients'

Prashanth Prakash, Founding Partner Accel, Chairman Vision Group for Startup's, Govt of Karnataka, says:

- After 75 years quality of health, education... We have still not come a long way. We don't have another 75 years. I think a combination of next level disruptive thinking is needed.

- While we serve AI to solve for healthcare and education, we also need to think about how we can make the whole world participate in this big AI revolution.

- I think we need to evolve AI for Bharat, the ability to find more Karya like model is important and we also need to find usage within healthcare and other areas.

- In education, hyper personalisation is significant and there is a startup called Ariviyan to help early childhood learning in local languages.

- I can have test prep models built of chatGPT deployed in rural india, however if the cost is too high it is not viable. This is where some of the Indian models should come in.

- We are in very early formative days, some are in research, some are yet to scale in AI models for education.

"AI represents a fundamental technological shift, last time it happened was when internet came out.
When I think about AI, we simply cannot afford to lose out an entire population to access. Just like what internet did. Our goal is to train rural communities to take up roles in AI and provide financial literacy. Talent is equally distributed but opportunity is not, says Manu Chopra, Founder & CEO, Karya.ai.

"What we are trying to do is trying to see if we can come up with a innovation authority. If there is a tech that is coming up, then the innovation authority can read, research and work on policies," says Priyank Kharge.

"Not just Swiggy, a lot of companies worldwide have been doing a lot of exceptional work on AI. We’ve been building on top of that so we didn’t have to reinvent the wheeel. 40% of our business is perishable so we’ve been using AI to manage supply chain. If there’s a first time customer, we use AI to track the route," says Kaivalya Vohra, Co-Founder & CTO, Zepto.

"We have a venture withe Google health, we give a fitbit to a patient who just had a heart angioplasty and can track them. We are seeing recovery faster in them. AI in healthcare should be a little careful. We have to use AI and be cautious that we take the business angle out of it when it comes to healthcare. Over a period of just five years, the data that healthcare institutions have is massive. But one has to be careful about how this data can be used," says Dilip Jose, MD & CEO, Manipal Health Enterprises Pvt. Ltd.

Mahesh Makhija, India Technology Consulting Leader, EY, says, "The policy and the regulatory aspect of AI is very important. In India if we could have privacy protected data sets, we will have much better foundational models."

"Why can't government be the first customer for many of the AI startups? Government is going to play a role in this and we will make startups to come and pilot with us. We have global innovation alliance where we collaborate with multiple countries," says Priynak Kharge.

"We are doing some important things that are crucial to AI ecosystem. Number one is skilling. The government understands the foundation for any innovation that can happen is only through skills and we are deveoping this. We are coming up with centres of excellence in health sciences, life sciences and medical products where startups can come and work with us," says Priynak Kharge.

We have 44 unicorns and 57 soon to be unicorns here in Bengaluru. We are considered the fifth best city in AI adoption in the world: Priyank Kharge

"There are no doubts Bangalore can be the AI capital. We have matured from being a call centre of the world to leading R&D centre to now being the most disruptive city in terms of innovation," says Priyank Kharge, Karnataka Minister for IT & Biotechnology, Rural Development & Panchayat Raj.

Tushar Vashisht, Co-founder & CEO, Healthify, says, "AI can do so much more in terms of insights. No way humans can match to AI in terms of advice. AI oriented advice has 30 percent retention. It is better than humans."

Tushar Vashisht, Co-founder & CEO, Healthify, says, "Started AI to help coaching to do the jobs, to build diet plans. And this allowed us to handle 250 clients to a coach, up from 40 clients per coach. Three components in healthcare where AI can be used-human accountability, input of data."

Viren Shetty, Vice Chairman, Narayana Health says:

- Potential for AI in healthcare is in diagnosis, and other aspects of healthcare

- At this point, Gen AI is yet to be embedded in our general operations. It will be useful in the future.

Monika Garg, Additional Chief Secretary, Government of Uttar Pradesh, emphasized that resistance is a natural response to change, but technology itself is neutral. He believes that when individuals have a clear life goal, technology becomes a tool to achieve it.

Garg says utilizing technology is essential for maintaining control over our life, and added their team is introducing AI in schools.

Monika Garg says, "Resistance happens to any change. Technology is not bad. When you know what you want in life, tech will get it for you. When you don’t know, tech will get it for you. When you want to retain control of your life, you need tech. Our team is taking AI to schools. There is a need to revamp the educational infrastructure of our country. Startups should build in pre schools and primary education for AI."

- Today we are talking about computers, super computers and processors. However connectivity plays a significant role.

- There are two other important things to leverage one is young talent or the youth of India. And finally the citizens who need to be conscious.

Ashok Jhunjhunwala says:

- AI is a great tool but we need to thunk about how this is solve difficult problems. How it can help our society.

- Can AI help us solve the huge income divide that we have. Or can it solve the huge global warming problem can be solved.

- We have 25 million Indians becoming 21 years world, if we do not employ them their only option will be to become an obstacle. We need to use all AI resources tools to solve this

- 65% of the people are living in rural areas, people are living on Rs 10,000 Rs per month of income, I think we need to use AI tools to solve these problems.

In 2007 mobile payments forum was formed. We created NPCI and started working on UPI. We thought this dream will never be fulfilled, today we know the power of UPI, says Ashok Jhunjhunwala.

"There are things in which we acquire leadership and those leaderships are formed with right guidance to youngsters," says Ashok Jhunjhunwala, Institute Professor, IIT Madras & President, IITM Research Park, IITM Incubation Cell & RTBI

"At least half a million of graduates in India are given the right chance, the guidance they can make wonders. This is the basis for all startups. If we can learn to tap them and encourage them, they can do wonders," says Ashok Jhunjhunwala

- "Having responsible data practices is important. Ethical and consent-based access to data is significant. Having the right governance to access that data becomes very important."

- "There needs to be guardrails in place for responsible AI. Imagine an AI model used for creating medicine can also be used to create a bio weapon."

- "Today, we need to make sure there is regulation as well as innovation. We are running the world's largest enterprises as well as small and medium businesses. Around 8 out of 10 cars are made by SAP's customers. The trust that our customers have in us comes from a lot of responsibility."

"Responsible nations need to move forward with AI and regulations no matter what. We think that we are getting alignment from more countries. Give end users transparency if something is AI-generated, if the risk is moderate or less." - Mary Snapp, Vice President, Strategic AI Initiatives, Microsoft

"We got to know only a few moments before the media published it... About Sam getting removed from the board... governance will be important now." - Mary Snapp, Vice President, Strategic AI Initiatives, Microsoft

"If you are a young techi starting out, this must be the most exciting time, and you guys are lucky. This is the luckiest generation in India's history. Please use this opportunity." - Rajeev Chandrasekhar

There is a huge opportunity of trillion dollaar digital economy. We are halfway there. We want to get there by 2026. We will work 24 hours a week, 7 days a week to get there

"In a society like ours, with 820 million on the internet, soon to be 1.2 billion, the growing phenomenon of deepfakes is a big problem. In a country like ours where the electoral process is sacrosanct, deepfake can create problems. Deepfakes are now actionable under criminal law." - Rajeev Chandrasekhar

The toxicity on the internet has shown us that, notwithstanding laws, 80 percent of the crimes on the internet are extra-judicial. The perpetrator, victim, and platforms are in different jurisdictions.

"Our approach on AI is about casting legal accountability on platforms for safety and trust. In the next 6 months, there would be a multilateral understanding of what should be the guardrails to regulate AI." - Rajeev Chandrasekhar

- Talent is a much more fundamental challenge in AI. We need universities to churn out masters and PhDs in AI. Talent is something that keeps me away. The infrastructure pieces will get solved very quickly
- 15 years ago you measured academic institution is wmhow many got hired by Google or went abroad. Now it is about what kind of platforms the students are building for the world
- Academic Institutions love pushing out degrees. The way we measure the quality of Institutions is very different. Today Institutions are measured based on how many of the stydents go out and build somwthing

We know what it will take to make India AI successful. We understand that we need to catalyse a global standard ecosystem for our AI innovation ecosystem says IT minister Rajeev Chandrasekhar

"At Google, we have embarked on a journey with IISc on Project Vaani, aiming to connect speech data from every one of the 773 districts in India. We've completed phase one, collecting data from 85 districts." - Dr. Manish Gupta, Google

"At Google, we've been working on the theme of inclusive AI. How do we develop AI in a manner that brings benefits to billions of new people." - Dr. Manish Gupta, Director - Research, Google

"There will come a time when you will actually get better responses from AI bots than human responses. The fact that there is a tremendous shortage of GPUs will slowly ease. We may find out that there are many more important problems that people will try to resolve." - Vivek

The interesting thing is AI is a tool and it has to be used within business processes. People who leverage AI will be more effective than those who don't, and the same holds true for organizations. You won't know the difference until it becomes evident.

There's a new trend in India where investors are considering backing deep tech companies. When the concept of Gen AI emerged, I thought about making a difference in this space. We wanted to build something in continuation of what we had been doing—making Gen AI available and accessible to people widely." - Dr. Vivek Raghavan, Founder, Sarvam AI

Nvidia challenger Cerebras is engaged in discussions with the Indian government to enhance the country's AI compute infrastructure, as revealed by Cerebras founder Andrew Feldman at the CNBC-TV18 and Moneycontrol Global AI Conclave. Following his recent visit to Delhi, Feldman emphasized India's significant opportunity due to the insufficient presence of data centers and supercomputers. Cerebras, known for its innovative chip-making approach, plans to double its technology team in Bengaluru in the coming years, expressing a commitment to contribute to India's AI advancement.

"For production work in quantum tech, we are not there yet today. Not 5 or 10 years, but a long way out. There is a lot of hubris in the quantum community. It's a journey that should be taken, but quantum won't help problems of today like AI, database." - Andrew Feldman

"In India, we met many AI thinkers and leaders. Getting government pronouncements, signing pieces of paper is the start. The hard work is after that when you build data centers; we have the hard work ahead of us." - Andrew Feldman

"I was in Delhi 10 days ago and met with government officials. India doesn't have enough data centers and supercomputers. It's a tremendous opportunity. I hope we can do great work in India." - Andrew Feldman

"We spend our time figuring out how to be better than Nvidia." - Andrew Feldman

- Graphic Processors in AI: "Why would a machine process for graphics work be good at AI? What turns out to be really hard about AI is the movement of information."

- Ambitious AI Supercomputers: "We will build the 9 largest AI supercomputers in the world. By next year, we will build 36 exaflops of AI compute."

- Models and Compute Demand: "While Sam Altman has said the models won't get bigger, he has the biggest models. The question is not do we need less compute. The question is infinite demand for compute."

- Global AI Workforce: "We have 38 people in Bengaluru and will double next year and the year after. We do AI developer work in Bengaluru. We don't divide work by region. We can find exceptional people to lead projects out of Bangalore, Toronto, or California." - Andrew Feldman

- Sophisticated Phishing Attacks: "It’s easier now to create a sophisticated phishing attack."

- Democratization of AI: "Take models, train them; you don’t need a master's degree anymore. The scale of attacks is going to be massive."

- Expanded Attack Surface: "From marketing to finance, all can use AI. The attack surface has increased, aiding attackers."

- AI in Image Recognition: "AI has been used in image recognition, but there needs to be an ability to recognize text and prevent leaks. We’re doing that."

- Reduced Response Time: "AI has reduced the median response time, especially in cybersecurity. Time to detect has come down significantly. We're dealing with millions of attacks."

- Swift Breach Detection: "We now detect a breach in 10 seconds. The response time is down." - Swapna Bapat

You might find world's best payment anomaly AI model come come from UPI and another global payments system, not WeChat or Alipay. This is because UPI is diverse: Sharad Sharma

"Zoho wouldn't be here if we did not have this pride. This is necessary first and foremost." - Sridhar Vembu

There are two forms of capital. Brain capital is the bigger one. If that is solved, financial capital will come. It's not that $50 million or $100 million can't be found in Bengaluru. Now, AMD is also coming with AI chips. We are working with them. The supply chain issues of chips will be resolved. - Sridhar Vembu

Just like how RBI makes a process to obtain NBFC license, there will be a regulatory framework with data as well. We need that regulation to unlock the potential, says Sridhar Vembu

- In any adverse situation, we could be affected. WhatsApp could be turned off for us," warns Sridhar Vembu on the risks of digital colonization.
- Smaller models are good for specific demands. With 7 billion parameters, we can do a lot," emphasizes Vembu, underlining the versatility of AI models tailored for particular areas.
- At Zoho, we are working on software-specific domains. We could raise the productivity of an average programmer with AI, and we need to work on developing that," envisions Vembu, highlighting the transformative potential of AI in software development.
- In healthcare, we have an intrinsic edge. This leads to domain-specific models," points out Vembu, emphasizing the unique advantages in leveraging AI within the healthcare sector.
- Health is definitely an area to develop more models," echoes Sharad, underscoring the vast opportunities in AI within the health sector, especially with India's access to extensive health datasets.

In any adverse situation, we could be affected. WhatsApp could be turned off for us," warns Sridhar Vembu on the risks of digital colonization.

Andrew Ng notes, "LLMs in English are cheaper than local languages. LLMs answer questions differently based on the language asked."

OpenAI would have been better off being a normal for profit organisation. They are good, hardworking, ethical people. Their corporate structure led to the boardroom issues: Andrew Ng

Self driving cars might finally happen because of large vision models of AI. It is getting very good at understanding images, says Andrew Ng

-The number of jobs that is being said will be taken away by AI, is much less than what is being talked about
- In many professions, AI will make you more efficient. Training and education is very important in this context.

- US Leadership in AI: "The US is clearly ahead in AI among other countries."

- Silicon Valley Dominance in Deep Tech AI: "Deep tech generative AI is very concentrated in Silicon Valley."

- India's Potential in Gen AI: "India has a lot of infrastructure, skilling, and more to become a leader in Gen AI."

- Importance of Application Layer: "The application layer built on top of AI technology is as useful as the technology layer."

- AI Fund's Focus on India: "AI fund is actively working on opportunities in India."

- Criticality of AI Applications: "Lot of focus by likes of Google on AI infrastructure layer. But you need applications on top of them to be more successful, make more money."

- Reflections on OpenAI: "OpenAI would have been better off being a normal for-profit organisation. Their corporate structure led to boardroom issues."

- Realistic Job Impact of AI: "The number of jobs that are said to be taken away by AI is much less than it is being talked about."

- Global Enrollment Trends: "When we launched gen ai for Coursera, the fastest enrollment was in the United States, and the second most was in India."

- India's AI Skill Penetration: "India has the highest #AI skill penetration in the world, even more than the US."

- India's Regulatory Approach: "On Big Tech, AI, and the need for regulation: India has taken a light-touch approach when it comes to regulation."

- **Gen AI's Versatility:** "Gen Ai is a general-purpose technology. It is not just useful for one application but other applications as well."

- Call for Consensus: "It would be great to have consensus on AI framework between various countries."

- Regulatory Challenges for Startups: "One of the barriers with startups going global is regulations. It would be beneficial to have coherence in regulations."

- Dispelling Notions on AI Models: "The notion that bigger AI models are very risky is a very strange notion."

- Advocating for Regulatory Coherence: "Regulatory coherence across the world could help small tech companies go global with AI. Only Big Tech companies can comply with a patchwork of different regulations."

Pandu Nayak, Google's Vice President with over 18 years of expertise, takes the stage at the CNBC-TV18 & Moneycontrol Global AI Conclave. As the Vice President focusing on various facets of Search Quality, Nayak has held pivotal roles in algorithmic and ranking teams, demonstrating a commitment to advancing language understanding in Search. Prior to Google, he played key roles, including Chief Technology Officer at Stratify, Inc., where he significantly contributed to the success of the Stratify Legal Discovery service. Notably, Nayak's earlier experience as a Research Scientist at NASA included groundbreaking work on the Remote Agent project, a pioneering initiative in AI spacecraft command.

The Global AI Conclave witnesses an impressive turnout, drawing a diverse audience of industry leaders, policymakers, and enthusiasts eager to explore the cutting-edge advancements in Artificial Intelligence. The event served as a dynamic platform for networking, knowledge exchange, and fostering collaboration among participants.

Renowned for his extensive contributions, Manish Gupta, Google's Director of Research, will share insights at the Global AI Conclave hosted by CNBC-TV18 and Moneycontrol. Armed with a Ph.D. from the University of Illinois, Gupta boasts a prolific research background with numerous co-authored papers, 19 US patents, and prestigious accolades, including the Distinguished Alumnus Award from IIT Delhi. His participation adds significant expertise to the event, promising enriching discussions on the transformative power of AI.

Shereen Bhan, Managing Editor of CNBC-TV18, expressed the significance of the Global AI Conclave, stating, “As AI attempts to revolutionize industries and redefine the business landscape, this conclave will serve as a forum for industry leaders to exchange ideas, foster collaboration, and navigate the course for the future of AI. The participants will have a unique opportunity to delve into the intricate landscape of artificial intelligence, unlocking pathways for innovation, growth, and sustainable digital transformation.”

Chandra R Srikanth, Deputy Executive Editor of Moneycontrol, added, “The Global AI Conclave marks a significant milestone in our commitment to foster new thoughts and ideas across industries while promoting the intersection of technology, business, and innovation. The event will serve as a knowledge hub for establishing a deeper understanding of AI’s potential and answer many questions on the potential and future of AI for India and the world. Join us as we embark on this exciting journey to unlock the limitless potential of AI on a global scale.”

Participants registering for the conclave at Bengaluru's JW Marriott on December 16 will gain exclusive access to a wealth of knowledge. More than 15 sessions, led by influential AI speakers, policymakers, and successful entrepreneurs, promise valuable insights. The event will feature AI startup demonstrations, compelling case studies, and immersive learning experiences, offering attendees a comprehensive understanding of the transformative power of Artificial Intelligence across industries.

In addition to Union Minister Rajeev Chandrasekhar, the Global AI Conclave, hosted by CNBC-TV18 and Moneycontrol at Bengaluru’s JW Marriott on December 16, will feature insights from renowned figures:

- Andrew Ng: Co-founder of Google Brain and Leading AI Expert
- Chris Miller: Author of "Chip War"; Associate Professor at The Fletcher School, Tufts University
- Abhishek Singh: Additional Secretary, Ministry of Electronics and IT; President & CEO, NeGD; MD & CEO Digital India Corporation (DIC); CEO, Karmayogi Bharat, GoI
- Sridhar Vembu: Founder & CEO, Zoho
- Manu Chopra: Founder & CEO, Karya.ai
- Sriram Raghavan: Vice President, IBM Research AI
- Sharad Sharma: Co-founder, iSPIRT
- Umakant Soni: General Partner – ART Venture Fund; Chairman – AI foundry & Co-founder, ARTPARK

Union Minister of Electronics and Information Technology, Rajeev Chandrasekhar, is slated to be a prominent speaker at the first-ever Global AI Conclave hosted by CNBC-TV18 and Moneycontrol. The event, scheduled for December 16 at Bengaluru’s JW Marriott, will feature over 16 sessions with policymakers, thought leaders, and global experts discussing the transformative impact of AI across industries. Topics will span exploring AI for enterprises, securing cyber frontiers with AI, and the role of AI in shaping the nation’s future.