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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San Francisco: Tabla maestro Zakir Hussain, renowned for his extraordinary talent, is in critical condition at a hospital in the United States due to severe heart-related ailments. His manager, Nirmala Bachani, confirmed his hospitalisation in San Francisco.
Amidst widespread reports of his demise, Hussain's family issued a clarification, stating that he is alive but critically ill. "He is still breathing, but very critical. Please pray for him," said his sister, Khurshid Aulia.
Earlier, several Union Ministers and Chief Ministers mistakenly paid tributes to the legendary percussionist on X (formerly Twitter). The Ministry of Information and Broadcasting also had to delete its condolence post after the clarification. Hussain’s nephew, Ameer Aulia, also appealed on X, urging people to avoid spreading misinformation and to pray for his recovery.
Born in Bombay as the eldest son of legendary tabla player Ustad Allah Rakha, Zakir Hussain began his illustrious career at the age of 13. Over the decades, he collaborated with global icons, blending Indian classical music with jazz through pioneering projects like Shakti in 1973.
The Padma Vibhushan awardee has enthralled audiences worldwide with his virtuosity and innovative artistry, earning a place among India’s most celebrated classical musicians.