Economic Impact of AI

India and AI - Digital map of India with circuit-like designs - Photo Generated by Flux for The AI Track

India and AI 101: How India is Paving the Way to Global AI Leadership

28 October 2024

India is emerging as a global AI powerhouse with initiatives targeting a $500 billion GDP contribution by 2030. Key projects include Reliance’s 3-gigawatt AI data center in Jamnagar, Microsoft’s $3 billion investment in cloud infrastructure, and partnerships with NVIDIA and Meta. Focused on agriculture, healthcare, and smart cities, India is also prioritizing sovereign AI, ethical data practices, and inclusive growth, positioning itself as a leader in the global AI race.

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An IBM analysis forecasts that nearly 40% of the global workforce will need reskilling within the next three years due to AI advancements

40% of workers Will Need Reskilling in 3 Years Due to AI

5 September 2023

Artificial intelligence (AI) is transforming the way we work, learn and live. According to a new study by IBM, 40% of the global workforce will need to be reskilled in the next three years due to AI. Reskilling is not only a necessity but also an opportunity to enhance human potential and create more value for businesses and society.

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Immigrants have founded the majority of top AI companies in the US - Image generated by AI for The AI Track

Immigrants Driving Innovation: The Influence of Foreign-born Entrepreneurs in the US AI Industry

16 August 2023

Discover the significant contribution of immigrants in the US AI industry, with 65% of the top AI companies founded or cofounded by foreign-born entrepreneurs. Explore key findings from the report “AI and immigrants” by the National Foundation for American Policy, highlighting the diverse origins of immigrant entrepreneurs, their impact on job creation and innovation, and the dominance of international students in computer science and engineering programs.

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