The G20 leaders have united to embrace a future shaped by technology, responsible artificial intelligence, and digital public infrastructure. Paytm founder, Vijay Shekhar Sharma congratulates Prime Minister Narendra Modi for his tireless efforts in championing this vision.
In a historic moment at the New Delhi Summit, the G20 leaders have united to embrace a future shaped by technology, responsible artificial intelligence, and digital public infrastructure. The declaration they’ve issued underscores the importance of global collaboration and dialogues on international governance, laying the foundation for a digital landscape that is secure, trustworthy, and inclusive.
The tech industry has welcomed the G20 declaration with open arms, lauding its holistic approach to shaping the future. Vijay Shekhar Sharma, Founder and CEO of Paytm, extended his congratulations to Prime Minister Narendra Modi for his tireless efforts in championing this vision. Meanwhile, Ashish Saraf, VP and Country Director for India at French digital innovation company Thales commended the declaration’s strong emphasis on responsible AI and digital public infrastructure.
A standout feature of the declaration is India’s unwavering commitment to narrowing the digital divide. This commitment revolves around Digital Public Infrastructure (DPI) and the establishment of a Global Digital Public Infrastructure Repository (GDPIR).
Industry experts have warmly received this commitment, viewing DPIs as a cornerstone for fostering an inclusive, open, and secure global digital economy. Rishi Agrawal, CEO of Compliance Management Software Company Teamlease Regtech, has called for the swift adoption of DPIs across both developing and developed nations. He sees India’s initiative to build and maintain a global DPI repository as a pivotal step toward becoming the next digital superpower.
Retail Sector’s Optimism for the Future
The retail sector is buzzing with excitement over the government’s commitment, as it aligns perfectly with their vision for the future. Varun Tangri, CEO of QueueBuster, expressed his enthusiasm, stating that this news reaffirms the industry’s path forward.
Unlocking Opportunities in Fintech, Security, and Data Centers
The declaration’s emphasis on the safety and security of digital transactions opens up significant opportunities in sectors like fintech, security, and data centres. Siva Prasad Nanduri, CEO of Diensten Tech Ltd (DTL), believes that this declaration will pave the way for smart living communities and establish India as a global leader in digital infrastructure.
Prioritizing Responsible Digital Development
The focus on creating a digital landscape that is safe, secure, trusted, accountable, and inclusive underscores a commitment to responsible digital development. The Alliance of Digital India Foundation asserts that prioritizing human rights, personal data protection, privacy, and intellectual property rights is paramount in the digital age.
This approach seeks to strike a balance between technological progress and ethical considerations, ensuring that digital infrastructure benefits society while upholding individual rights and fostering innovation.
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