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AI-First Strategy Working For Infosys Despite Ethics Issues: Nandan Nilekani

AI-First Strategy Working For Infosys Despite Ethics Issues: Nandan Nilekani

NDTV
Thursday, June 29, 2023 09:11:08 AM UTC

Infosys had long ago donated funds to the development of OpenAI but holds no stake in the platform after it became a for-profit entity.

The Artificial Intelligence-first business strategy adopted by Infosys is working well for the company despite unresolved ethical and IPR issues around the technology, Infosys Chairman Nandan Nilekani said on Wednesday.

In his address at Infosys' 42nd Annual General Meeting, Nilekani said the company has to be more efficient while nurturing readiness for growth, given its performance in challenging scenarios created by inflation, interest rates, geopolitics, demand volatility and supply chain dislocations.

"Several practical, ethical and intellectual property-related issues, when it comes to AI remain unresolved. We also know that the motto of scaling AI in the enterprise is far from simple. And yet, the AI-first strategy we're embracing already working for us," Nilekani said.

Infosys had long ago donated funds to the development of OpenAI but holds no stake in the platform after it became a for-profit entity.

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