Google India on Thursday stated artificial intelligence alone can add USD 500 billion to the economy, and help in superior forecast of floods and precise diagnosis of ailments.
The firm has committed USD 10 billion for expanding India’s digital footprint, a best official stated.
“The COVID-19 pandemic has prompted us to use every tool at our disposal to address the challenges and opportunities before us,” Google India Country Manager & VP, Sajay Gupta, stated at the ‘ABP Infocom – The Next Normal’.
Google had not too long ago picked up a 7.73 per cent stake in Reliance Industries Ltd’s (RIL) digital subsidiary, Jio Platforms Ltd. The two firms have also announced plans to come up with “an entry-level affordable smartphone”.
Gupta stated in the course of the pandemic, information consumption jumped to 14 GB per month from 8 GB. In 2014, the typical consumption was just 86 MB per month, he added.
The senior firm official stated by 2022, UPI transactions will attain the a single-billion-a-day mark from about a billion per month at present.