Data, AI may add up to $500 bn to GDP by 2025
Part of: GS-Prelims and GS-III – Artificial Intelligence; Technology
- Recently, Nasscom report titled ‘Unlock Value from Data and AI: The Indian Opportunity’ was released.
- Ministry associated: Ministry of Electronics and IT.
- According to the report, Data and Artificial Intelligence (AI) could add $450-$500 billion to India’s GDP by 2025 and contribute to the country’s economic recovery and growth.
- Over the years, AI has become a strategic lever for economic growth across nations and will continue to be one of the most crucial technologies of the future.