Message from the Chair, C20 India 2023
Sri Mata Amritanandamayi Devi ❤️
The Micro, Small, and Medium Enterprises (MSME) sector has emerged as a vibrant sector of the Indian economy, contributing more than 29% to the GDP, 50% of the country’s total exports, and employing over 150 million people. However, MSMEs have undergone tremendous stress in recent times due to demonetization and the after-effects of the Covid-19 pandemic. Amrita Technology Enabling Centre (TEC) of Amrita Vishwa Vidyapeetham, supported by the Government of India’s Department of Science & Technology (DST), provides innovative and cost-effective solutions to the challenges faced by MSMEs. Amrita TEC works closely with various industry & trade associations and MSME clusters in Kerala and Tamil Nadu, such as plywood, rice mill, cashew, agricultural implements, foundries, and coir, as well as other sectors, such as medical devices, healthcare, and machinery, developing affordable technology solutions to address their primary concerns. Some of these solutions include:
Virtual Labs do not require any additional infrastructural setup for conducting experiments at user premises. The simulations-based experiments can be accessed remotely via the internet. AMRITA Vishwa Vidyapeetham is one of the 12 academic partners in the consortium along with IIT Delhi, IIT Hyderabad, IIT Kharagpur, IIT Bombay, etc. AMRITA has developed virtual labs in biomedical and biotechnology, engineering, chemical sciences, and physical sciences. Over 7+ million users are registered on the platform as of 2022.
Amrita has hosted a series of webinars for technology awareness titled, ‘AMRITA Tech Trends’ on the latest technology trends, such as IoT, 5G, Block Chain, AI, Big Data, and Industry 4.0, for young graduates, academicians, industry professionals, and entrepreneurs. These webinars empower them with cutting-edge knowledge of emerging technologies and also provide a valuable learning experience with valuable insights and practical knowledge to the participants. It also provides insights into how these technologies can address the problems and needs of society. Over+ 100 webinars have been organized since 2020. Over 5000+ participants have benefitted as a result of these webinars. These webinars also open opportunities for technology development for industry and R&D opportunities for research aspirants.
The world is facing an Artificial Intelligence (AI) revolution. Data can be likened to crude oil in that it fuels the AI engine. PwC estimates that AI will contribute 15.7 trillion dollars, or a 26% increase, to the global economy by 2030. As the world moves towards a new age of automation, world leaders and governments must consider both the positive and negative ramifications of this new technology.
While AI has immense potential to solve problems and provide creative solutions, there has been a lack of transparency and accountability in cases where it has created biases against underrepresented people and communities. We must identify the pitfalls and potential consequences of AI to develop harmonious policies that will enable rapid innovation while protecting the vulnerable citizens of the world.
As AI proliferates the world with automated decision-making across all sectors, it does so oftentimes with data given and generated by users in exchange for seemingly free services. While this paradigm has yielded tremendous growth, it has its flaws. Citizens need a reasonable understanding of the agreements they make with large tech companies when signing up to use their services.
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