Implications of AI on the Indian Economy
Rajat Kathuria (),
Mansi Kedia and
Sashank Kapilavai
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Rajat Kathuria: Indian Council for Research on International Economic Relations (ICRIER)
Sashank Kapilavai: Indian Council for Research on International Economic Relations (ICRIER)
Indian Council for Research on International Economic Relations (ICRIER) Report from Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India
Abstract:
This report has undertaken a comprehensive study of AI’s potential and implication for India, and estimates that impact of AI on the economy in rather granular details. The results of the econometric study done at the firm level highlight the need for continued focus on building digital capabilities to fully utilise the power of AI / ML, both from efficiency and increase in capability perspective. Early and sustained investment in AI / ML, in both R&D and applications, is much required.
Keywords: AI; Machine Learning; GPT; icrier (search for similar items in EconPapers)
Pages: 58 page
Date: 2020-07
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Persistent link: https://EconPapers.repec.org/RePEc:bdc:report:20-r-03
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