Minister N Uttam Kumar Reddy speaking at the curtain-raiser for the first ISF Global AI Summit and International Junicorn Startup Festival at the International Institute of Information Technology Hyderabad on Monday. | Photo Credit: Special Arrangements
Irrigation, Food and Civil Supplies Minister N Uttam Kumar Reddy reaffirmed the Telangana government’s vision to establish Hyderabad as a global hub for artificial intelligence (AI). Speaking at the curtain-raiser for the first ISF Global AI Summit and International Junicorn Startup Festival at the International Institute of Information Technology Hyderabad (IIIIT-H) on Monday, he emphasized the state’s efforts to use AI for inclusive growth and innovation.
Highlighting both the opportunities and challenges presented by AI, Mr. Reddy highlighted its potential to transform industries and drive growth while addressing concerns such as employment disruption and ethical dilemmas. He detailed the Telangana government’s initiatives, including the ambitious AI City project and the establishment of the Skills University, aimed at developing skilled manpower and fostering collaboration with industry and academia to navigate the ethical complexities of AI.
Describing AI as a transformative force in areas such as healthcare, education, smart mobility and manufacturing, Mr. Reddy called for collective efforts to address future challenges, particularly the demand for computational power and the importance of AI ethics. He urged governments, industry and academia to work together to create ethical frameworks and develop AI systems that serve humanity.
The International Startup Foundation has officially announced the first Global AI Summit and International Junicorn Startup Festival to be held in Dallas, USA from May 28 to 30, 2025.
published – December 17, 2024 at 12:41 pm IST