FII8 Riyadh: Jack Hidary SandboxAQ CEO On AI And Tata Group Connection | Business News | ET Now

Jack Hi discusses his experiences in India, particularly his connection with Tata companies, and emphasizes the importance of integrity and philanthropy as inspired by Ratan Tata. He highlights the role of AI in addressing major challenges in India, focusing on the potential of large language models and large quantitative models to aid in sectors such as healthcare and energy. Hi encourages young people to explore these AI applications responsibly, acknowledging both the benefits and existential risks posed by AI technologies.

AI is pivotal in solving future challenges for India.

AI has the potential for both positive and negative societal impacts.

Large quantitative models can facilitate new drug discoveries effectively.

AI Expert Commentary about this Video

AI Ethics and Governance Expert

Integrating AI into various sectors of society, as emphasized by Hi, necessitates a robust ethical framework to mitigate existential risks. Establishing guidelines for responsible AI use will be paramount in ensuring that innovations do not inadvertently cause harm. As companies like Tata Group exemplify social responsibility, aligning AI development with ethical practices will enhance public trust and acceptance of these technologies.

AI Market Analyst Expert

The focus on large quantitative models for drug discovery may reshape the pharmaceutical landscape in India. With the current emphasis on health equity, harnessing AI for effective solutions could lead to significant market opportunities. As AI adoption expands in sectors like healthcare and renewable energy, companies leveraging these technologies stand to gain a competitive advantage, driven by efficiency and innovation.

Key AI Terms Mentioned in this Video

Large Language Models

Their application is crucial in addressing India's linguistic diversity by translating media into over 600 languages.

Large Quantitative Models

These are discussed as essential for drug discovery and addressing diseases prevalent in India.

AI Ethics

Concerns about AI as an existential threat necessitate a balanced approach to its development.

Companies Mentioned in this Video

Tata Group

The company is highlighted for its extensive operations and values impacting societal welfare.

Mentions: 7

Sandbox AQ

Jack Hi discusses the company's commitment to values inspired by his experiences in India.

Mentions: 2

Company Mentioned:

Industry:

Technologies:

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