Vijay Shekhar Sharma, founder of Paytm, emphasizes that India must embrace artificial intelligence to secure its technological future, noting a lag behind the innovation happening in the Bay Area.
- Vijay Shekhar Sharma highlighted that major advancements in artificial intelligence are occurring in the Bay Area, contrasting this with India's slower engagement in AI technology.
- Sharma urged Indian entrepreneurs to prioritize AI in their business models, asserting that working in AI is essential for the future development of India.
- The comments reflect a growing concern among tech leaders about India's position in the global AI landscape and the need for increased investment and innovation in this sector.
Why It Matters
This statement underscores the critical role of artificial intelligence in shaping future economies, particularly for India, which risks falling behind without significant investment in AI technologies. Sharma's insights reflect larger trends in global tech development and the necessity for India to catch up in this vital area.