India has realized the IT revolution using its own resources, after it had missed out on the industrial revolution, India's Prime Minister Narendra Modi said on Monday.
India has become a leading country in the fields of advanced technology, such as nanotechnology, satellite technology, genomics, computerization and other fields.
Modi stressed India's keenness to share its experience in achieving scientific and technological progress with some 106 countries worldwide through the implementation of the capacity building program.
India has also recently launched the South Asian satellite, which aims to enable South Asian countries to benefit from space technologies.
The Indian Prime Minister expressed his confidence in the unity of humanity in facing the challenges of the future, when modern technology plays a key role in overcoming these challenges, adding that the twenty-first century will be distinctly an Asian century.
Modi’s comments were given at the World Summit of Governments, held in Dubai from February 11 to 13.
The summit was launched with the attendance of over 4,000 officials and specialists from 140 countries, including heads of government, officials, scientists and experts.
The summit aims at building global partnerships between different governments, between the public and private sectors, finding innovative solutions to most pressing global challenges, anticipating future trends in various vital sectors and using them to build a better future for people and societies.
In the past 25 years, India has significantly reduced the maternal mortality rate using modern technology and medicine, the Prime Minister of India said during the main session of the summit.
The Prime Minister stressed that the UAE has not left technology locked in laboratories, but has moved it forward by establishing innovative projects that meet aspirations of people.
It is regrettable that many developing countries have not been able to catch up with progress and eradicate poverty, commented Modi.
A great deal of resources is being devoted to the development of missiles and destructive weapons, he added.
“We must work together to prevent technology from igniting conflicts and depleting natural resources.”
“In the next few years, about 47 percent of jobs will disappear in the United States due to artificial intelligence, and more than a million jobs will disappear by 2026,”UAE Cabinet Affairs and Future Minister Mohammed Al-Gergawi said on the impact of artificial intelligence on jobs.
He added that investment in artificial intelligence is an investment in the future, citing that Google and Baidu - a Chinese multinational technology company specializing in Internet-related services and products, and artificial intelligence- invested from $ 20 billion to $ 30 billion in 2016 in artificial intelligence sector only because they know that “the future oil is data.”
“Artificial intelligence in 2030, just 12 years from now, is expected to add more than $ 15 trillion to global GDP, 10 times more than the world's oil sales,” he said.
“In just five years, technology will be able to enter the human mind and communicate directly with it. Technology will know what we think, what we feel, how our health is today and the diseases we are going to be exposed to,” he added.
