Kolkata, Dec 15: IT industry veteran and Infosys founder NR Narayana Murthy on Sunday emphasised the need for using advanced technologies, including Artificial intelligence (AI), in India, stating that technology is a "great leveller".
Technology can help reduce the gap between the well-to-do and the not-so-well people, Murthy said while speaking at the centenary celebration of the Indian Chamber of Commerce here.
"Technology is about reducing cost. It's about increasing revenues and profitability. So technology has a lot of value. It also does something that most people don't realise. Technology is a great leveller. So we need technology in India if we want to reduce the gap between the well-to-do and the not-so-well. That's what financial inclusion has done," he said.
"My personal view is there are areas where we cannot do without AI," Murthy said.
He said AI can be used in areas like automatic cars, precision operations, disease detection and hazardous operations in which human beings may be exposed to high risk.
Murthy stressed the need for hard work and performance to earn respect for oneself and for the country.
"I urge the youngsters to understand that we have a great responsibility to fulfil the pledge of our founding fathers (of the nation). We have greater responsibility as enunciated by scriptures. We have to show fairness and justice to create opportunities for the less fortunate one. That is why we have to work hard," he said.
Murthy also asked entrepreneurs to embrace "compassionate capitalism" which is practising capitalism while combining it with the best aspect of liberalism and the best aspect of socialism.
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Bengaluru (PTI): A man who quit his software job to sell panipuri was arrested for allegedly driving his 27-year-old wife to suicide at their residence in Suddaguntepalya, police said.
According to police, the woman, identified as Shilpa Panchangamath, was found dead on Tuesday night. Her mother, Sharada, lodged a complaint alleging harassment for dowry.
Shilpa married Praveen, son of late Shambulingaiah of Vaddarahatti village in Gangavati taluk, on December 5, 2022. The family claimed they spent around Rs 35 lakh on the wedding and gave 150 grams of gold to the groom.
After marriage, the couple lived in BTM Layout. Praveen, earlier employed with Oracle in Whitefield, had left his job and started a panipuri business. The couple has a son.
The complaint alleged that Praveen and his mother, Shantavva, harassed Shilpa mentally and physically for money, demanding Rs 5 lakh for his business. When the demand was not met, she was allegedly assaulted and sent back to her parents.
Sharada said she eventually raised the money and sent her daughter back, but the harassment continued. Four months ago, a quarrel reportedly broke out during discussions about Shilpa’s baby shower.
On August 26, the family was informed that Shilpa had died by suicide. When they reached her house, they found her lifeless on the bed, covered with a sheet.
Based on the complaint, police arrested Praveen on Thursday. Further investigation is underway.