FICCI event AI India Conclave 2023 - Curtain Raiser Programme

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The Economic Impact of Generative AI

This report provides an analysis of the economic ramifications of generative artificial intelligence (AI) and its potential impact on the future of work in India. Given India's expansive and diverse economy, it is well-positioned to capitalize on the opportunities presented by AI. The nation has witnessed remarkable growth in AI start-ups and has attracted substantial investments in AI-related technologies. Generative AI, renowned for its ability to augment creativity and expedite discovery processes, brings forth fresh possibilities for businesses and workers alike. By reducing the time and costs involved in generating novel ideas and producing innovative outputs, generative AI can benefit ...

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