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Data, AI may add up to $500 bn to GDP by 2025

  • IASbaba
  • August 19, 2020
  • 0
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Data, AI may add up to $500 bn to GDP by 2025

Part of: GS-Prelims and GS-III – Artificial Intelligence; Technology

In News:

  • 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.

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