Technology is neither good nor bad, it’s the use that is made of it that makes the difference. While technology has the potential to do good in a wide range of fields (from healthcare to education), it can also haveworm effects. How do you see the evolution and implementation of good / bad lens technology?
Good / bad, as far as technology is concerned, is determined by the intention of the person (s) who use it. Biotechnology can be used to make vaccines or drugs to heal people, but the same technology can be used to make weapons to kill people. Evil / good must be regulated through the making of good laws and social regulation.
Countries like the United States and China have taken the lead over India in several cutting-edge and strategic technologies such as artificial intelligence and cybersecurity. How can India bridge the gap?
First, the technology is not limited to AI and cybersecurity. There are a slew of other vital technologies, in areas such as pharmaceuticals, aerospace, agriculture, metallurgy – it’s a very long list. As for the United States, many of the world’s most transformative technologies and innovations of the past two centuries have been developed there. Much of the research has been funded and carried out by private inventors and companies in a free market system. In China, on the other hand, technological development did not begin until 1978 under the four modernizations, when the government introduced a plan to fund research in 27 priority sectors. He grew up from there. The point is, we don’t need to think of it as a bridge. China may still have to import high-tech components that it cannot manufacture on its own, but it is constantly building its capabilities in many key areas – for example, it has landed a rover on Mars. They constitute their own portfolio of patents in new technologies, as well as a diversified industrial ecosystem. In contrast, relatively little money has been spent on technological development in India, and our industrial ecosystem and infrastructure are still weak. We will have to find our own ways of creating channels for funding technological research and, above all, managing risk.Do you think there are gaps in Indian technology policy? If so, how can they be plugged in?
The government has identified priority sectors and funded research projects, mainly in government institutions, but the results have not been impressive. You cannot invent things by making policies. Government alone cannot divert huge funds to research: the needs of the poor in our country are too pressing and urgent, and in a democratic country they cannot be ignored. Still, rich countries are full of cheap money looking for places to go, and perhaps policies could be put in place to make investing in manufacturing attractive. China has made such policies, made it attractive to foreigners to invest in industry and construction, and there has been a huge flow of money and manufacturing technology from companies and investors. in the United States, Europe and Japan. China is today the world’s manufacturing power. In India, there is a deep mistrust of the private sector in government and society, and even more of foreign capital, so it is impossible to make the kind of pragmatic decisions possible in a command economy like China.
How relevant is PI-WOT Global Technology for the private and public sectors? How will it open up a world of new opportunities for sustainable growth and alignment to a new normal for all stakeholders?
PIWOT does not have such lofty ambitions as to open up a world of new opportunities. PIWOT – PanIIT World of Technology – is an ongoing program of PanIIT where the Virtual World Summit is held concurrently with the Hackathon and Startup Showcase. Our aim is to provide our stakeholders, and the general public, with knowledge and information on the latest trends and thoughts on technology, how technology will influence and shape our future, and what opportunities may arise as a result. We also aim to bring together people – engineers, researchers, academics, inventors, investors, students, policymakers – to create opportunities for them to meet, forge alliances and collaborations, and, who knows, the next big thing can. emerge from some people who met at PIWOT! Wouldn’t that be something?