'Technology' a term that is ruling today's world and AI technology is slowly gaining popularity day by day. Whether it is in the field of healthcare, factory works, or even our daily lives, AI technology has proven itself to be a very good assistant. This technology was once considered 'dangerous' and 'impossible'. However, with the new research, AI has become a part of human life.
Considering this, our Prime Minister Shri Narendra Modi had made a big announcement. He talked about assigning a budget. The budget will be revealed slowly that will focus on developing and implementing AI technology in India. This will be a part of the "Atmanirbhar Bharat" plan. RAISE 2020 was coordinated by the government of India with Industry and Academia.
So, just go through the blog to make yourself aware of this new step. You will also get to know in detail about RAISE, PM's step towards encouraging AI development, AI technology in India, and many more updates.
“As more and more artificial intelligence is entering into the world, more and more emotional intelligence must enter into leadership.”- Amit Ray, a popular AI Scientist
About RAISE (Responsible AI for Social Empowerment)
RAISE refers to Responsible AI for Social Empowerment 2020. This is India's first mega-event that will discuss Artificial Intelligence. So, let's read in detail what exactly RAISE is.
It is a global summit being coordinated by the government of India. They are in collaboration with Industry and Academia.
In this event, genius technical minds from all over the nation will meet. They will have an exchange of ideas and how they can make AI better. Also, the aim is to implement AI in India. This is being done towards the "Atma Nirbhar Bharat" campaign.
This will further carve away towards the use of AI in various sectors like agriculture, healthcare, automobile, and other industries. In this way, the summit created mass awareness of AI technology. Isn't it interesting? Artificial Intelligence is growing very rapidly.
The event began with a Startup Challenge that is Pitchfest pursued by the 2-day discussion. It was organized by the Government of India along with the Ministry of Electronics and Information Technology.
Reliance Industries chairman Mukesh Ambani said, "In the coming decades, the total non-biological intelligence will exceed the rational intelligence of the entire human population. But this does not mean that AI will replace the human mind". He delivered a speech on this event of RAISE 2020. This clearly shows that Mukesh Ambani favours Artificial Intelligence for India.
Have a look at the speech delivered by Billionaire Mukesh Ambani at RAISE 2020.
“Artificial intelligence will reach human levels by around 2029. Follow that out further to, say, 2045, and we will have multiplied the intelligence – the human biological machine intelligence of our civilization – a billion-fold.”- Ray Kurzweil
What is the PM's step towards AI development?
Prime Minister Shri Narendra Modi has taken a wonderful initiative towards the development of AI in India. The event started on 5 October 2020 and will end on 9 October 2020. In the event of RAISE, he clarified his thoughts about artificial intelligence. He said that AI has a huge role in several areas such as building next-generation urban infrastructure, agriculture, and making disaster managing systems stronger. He also said that India has already experienced that technology has expanded transparency and service delivery.
Consequently, PM Narendra Modi has appreciated the step which has been performed to energize conversation on AI. Also, he has taken a major step towards India's development in technology. He believes that teamwork between humans and artificial intelligence will lead to great achievement for our planet earth. Also, according to him, India should soon become a global hub for artificial intelligence. Have a glance at this video to listen to the speech of Narendra Moat at the RAISE 2020 event.
What will be the sessions during this RAISE 2020?
In RAISE 2020 from all over the realm agents and specialists in strategy, exploration, and advancement on AI will join this event.
This virtual meeting will talk about the cross-segment subjects like 'Inclusive AI', 'Utilizing AI for Pandemic readiness', 'The Impetus that Innovation Places on Digitisation', 'Associations for Successful Innovation'.
The RAISE 2020 meeting will have a feature from Assistant Secretary-General, Deputy Executive Director, UN Women, Anita Bhatia. The meeting will likewise have an all-ladies board, curated by UN Women.
This conference will likewise include some of the most energizing new companies who have been working in Artificial Intelligence-related fields. Thus, this event is going to actually boost the Artificial Intelligence technology.
"Robots are not going to replace humans, they are going to make their jobs much more humane. Difficult, demeaning, demanding, dangerous, dull – these are the jobs robots will be taking"- Sabine Hauert
Few winners in different categories of RAISE 2020
Now, let's catch a glimpse of some winner in different categories-
SigTuple Technologies Private Limited and Artivatic.ai are the winners in the healthcare sector.
CogniABle and Individual Learning Limited were chosen as a winner in the education sector.
TartanSense and IntelloLabs in the agricultural sector. Megara Robotics was selected for the special grade award.
Giridhari Devanathan's ENIXTA Innovations Pvt Ltd, Haptik, and Rezo.ai in the NLP (Natural Language processing) sector.
Nayan India Science And Technologies Private Limited, RoadMetrics Private Limited, and Uncanny Vision were adjusted as the winner in the smart mobility and transportation sector.
Sequretek, GingerMind.ai, and Sirena Technologies Pvt Ltd are the winners in other categories and Matisoft Cyber Security Labs got the important remarks. Also, the top winners in each category will get cash awards of Rs 20 lakh each.
Artificial Intelligence in India
Now, let's talk about the situation of Artificial Intelligence in India. What do you think, how far AI has driven in India? So, the answer is Artificial Intelligence is driving very fast in India. It is being used in several areas like agriculture, the healthcare sector, animation, and many more tracts. AI is altering the functional, operating, and strategic terrain of numerous industry domains.
Accordingly, there are some statistics related to the future of artificial intelligence. By 2023, AI-powered voice assistants will reach 8 billion, and since 2000, involvement in AI startups rose six times. The worldwide AI need is predicted to be almost $60 billion by 2025. Also, in businesses, the usage of artificial intelligence is growing day by day. So, you can see how artificial intelligence is developing every day. This event RAISE 2020 will definitely be a huge benefit for artificial intelligence to expand in India.
So it's time to conclude by saying that RAISE 2020 is the first global event in which young minds discuss Artificial Intelligence for the development of India. This will encourage trade of thoughts to additionally make mass mindfulness about the need to morally create and rehearse AI in the advanced period. This step will lead to the huge development of India's technology. AI is an incredible tool, which can be utilized to make a positive effect in the Indian setting, helping it become the AI objective for the world. India can possibly be the world's driving AI research facility that can someday change lives internationally.