OpenAI CEO Sam Altman met with Indian Prime Minister Narendra Modi in New Delhi to discuss the need for global regulation in the field of artificial intelligence (AI). Altman, who is on a six-nation tour including Israel, Jordan, Qatar, the UAE, and South Korea, stated that during the discussion they talked about the opportunities in AI for India and the importance of global regulation to prevent negative consequences. Altman stated that his company is currently engaging in self-regulation, having spent eight months on the development of their GPT technology to ensure that it was safe enough to release. Altman emphasized the importance of coordination and self-regulation, stating that the world should not be left entirely in the hands of companies.

OpenAI CEO plans to fund startups in India

Altman also discussed his plans for AI in India, stating that the first thing he will do is fund startups in the country. He praised the quality of Indian startups and their potential for leveraging AI-based utilities, given India’s strong IT industry and large data sets. However, Altman acknowledged that AI is still in its early stages.

The Indian government has previously stated that the overall employment in AI in the country is estimated at 416,000 professionals, with an estimated growth rate of 20-25% for the sector. AI is expected to contribute an additional USD 957 billion to India’s economy by 2035.

In response to the meeting, Prime Minister Modi thanked Altman for the discussion and recognized the vast potential of AI in enhancing India’s tech ecosystem, particularly among the youth. He welcomed collaborations that could accelerate India’s digital transformation and empower its citizens.

Internet

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