Nandan Nilekani Warns: Not Investing in AI Could Be Costlier

• Nandan Nilekani, co-founder of Infosys, stresses the importance of AI investment to avoid business obsolescence.
• He highlights the role of language AI in bridging communication gaps in linguistically diverse India.
• Nilekani mentions the commoditization of large language models and their potential to lower AI costs.
• He introduces the Unified Energy Interface for buying and selling electricity, based on the Beckn Protocol.
• Nilekani's focus is on using AI for societal benefits rather than just commercial gains.

Source: Moneycontrol