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OpenAI Boss Sam Altman's take on Indian startups creating a system like ChatGPT kickstarts debate; here's all what he said | NETWORK EXCLUSIVE

The government quoting NASSCOM data in February this year said the overall AI employment in India is estimated at about 416,000 professionals. The growth rate for the sector is estimated at about 20-25 per cent.
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Authored by: ET Now Digital

Updated Jun 9, 2023 | 02:31 PM IST

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OpenAI Boss Sam Altman's take on Indian startups creating a system like ChatGPT kickstarts debate; here's all what he said | NETWORK EXCLUSIVE

OpenAI Boss Sam Altman's take on Indian startups creating a system like ChatGPT kickstarts debate; here's all what he said | NETWORK EXCLUSIVE

OpenAI Chief Executive Officer Sam Altman, whose company deals with artificial intelligence technologies and has created ChatGPT recently travelled to India.
In the 'Economic Times Conversations with Sam Altman', his comment is gaining a lot of traction. Sequoia India Managing Director Rajan Anandan had asked whether a startup from India can create a foundational model, building on a system like ChatGPT?
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Altman in his reply said, "It's totally hopeless to compete with us on training foundation model you shouldn't try, and it's your job to like try anyway. And I believe both of those things. I think it is pretty hopeless."
OpenAI CEO's blunt reply met with an even savage counter from Anandan who took to his Twitter and said "Thank you for the clear answer. As you said, "it is hopeless, but you will try anyway". 5000 years of Indian entrepreneurship has shown us that we should never underestimate the Indian entrepreneur. We do intend to try".

Altman is on a six-nation tour this week. Besides India, he was set to be in Israel, Jordan, Qatar, the UAE, and South Korea.
The government quoting NASSCOM data in February this year said the overall AI employment in India is estimated at about 416,000 professionals. The growth rate for the sector is estimated at about 20-25 per cent.
Further, AI is expected to contribute an additional USD 957 billion to India's economy by 2035.
Many nations the world over have been using AI technologies for better service delivery and to reduce human intervention but fears of job cuts remain as the technology evolves.
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