In this video:
Rohit Pandharkar, Partner – Technology Consulting, EY
Topic: The AIdea of India – Generative AI’s Potential to Accelerate India’s Digital Transformation
Key Highlights:
[1] Gen AI is poised to disrupt multiple sectors in the future
[2] Approximately 69% of overall impact of GenAI on GVA is expected to be derived from business- financial services, healthcare, retail trade and education
[3] Key decisions relate to a choice LLMs and cloud vendors, integration with digital platform and enterprise data ecosystems and the right security architecture
[4] Indian financial institutions at present focusing on leveraging GenAI to derive outcomes in customer service, cost reduction and innovation
[5] India has the potential to add US Dollar 359 billion to US Dollar 438 billion to its GDP on account of GenAI adoption in 2029-30 over and above its baseline estimates