India AI Impact Summit 2026: AI could close global economic divide or exacerbate it, warns Microsoft President Brad Smith

India AI Impact Summit 2026: AI could close global economic divide or exacerbate it, warns Microsoft President Brad Smith

At the India AI Impact Summit, Brad Smith, President and Vice Chair of Microsoft, shared his compelling vision for leveraging technology to bridge economic divides rather than deepen them. He emphasized that the most significant and persistent disparity can be traced back to economic gaps between the global North and South, which he believes are exacerbated by a corresponding 'technology divide.' Smith articulated a crucial warning: Artificial Intelligence (AI) could either narrow this economic gap or widen it drastically, depending on how it is deployed. He urged for collaborative efforts to enhance vital infrastructure, including data centers and connectivity, particularly in the global South. Microsoft is committed to this mission, with plans to invest a staggering $50 billion by the decade's end, positioning India as a key focal point for these investments. Beyond infrastructure, Smith called attention to the importance of workforce training. He asserted that fostering skills among the population is essential for maximizing technology's potential. "It’s not just for the next generation. It’s for every generation that this truly matters," he remarked, underscoring the responsibility of employers to invest in their workforce. Additionally, he highlighted the necessity for AI to support linguistic diversity, asserting that it should be as efficient in multiple languages as it is in English. In closing, Smith reminded attendees to focus on the human aspect of technology, emphasizing that the true objective is to enhance what people can achieve with the help of technology.

Sources : Business Today

Published On : Feb 19, 2026, 14:20

Computing
Market Turbulence: Four Key Factors Impacting Stocks This Week

This past week has been challenging for the stock market, driven by several significant forces that have created turbule...

CNBC | Jul 25, 2026, 20:05
Market Turbulence: Four Key Factors Impacting Stocks This Week
Space
SpaceX Successfully Tests Starship Rocket, Launching New Era of Space Exploration

On Friday evening, SpaceX executed a significant milestone by launching its colossal Starship rocket from its facility i...

CNBC | Jul 25, 2026, 24:10
SpaceX Successfully Tests Starship Rocket, Launching New Era of Space Exploration
AI
Nvidia Strikes Major Deal with SK Hynix to Secure AI Memory Supply

Nvidia has successfully forged a significant partnership with South Korea's SK Hynix to secure memory supplies essential...

CNBC | Jul 25, 2026, 05:15
Nvidia Strikes Major Deal with SK Hynix to Secure AI Memory Supply
Science
Vision Breakthrough: US Startup Launches Groundbreaking Retina Chip in Europe

Science Corp is poised to introduce a revolutionary retina chip in Europe, designed to restore partial vision for indivi...

Business Today | Jul 25, 2026, 01:00
Vision Breakthrough: US Startup Launches Groundbreaking Retina Chip in Europe
Science
Finland Unveils World's Largest Sand Battery to Tackle Renewable Energy Challenges

In a groundbreaking move to address the critical issue of renewable energy intermittency, a small town in southern Finla...

CNBC | Jul 25, 2026, 05:35
Finland Unveils World's Largest Sand Battery to Tackle Renewable Energy Challenges
View All News