Major global leaders will be in attendance at the annual meeting of the World Economic Forum (WEF) this year. The 2025 edition is scheduled from January 20 to 24, 2025, at Davos-Klosters in Switzerland, with the union minister for IT, broadcasting, electronics, and railways, Ashwini Vaishnaw, representing India at the forum.
Generative AI, the latest buzzword in tech, has reached the ears of world leaders as it could take centre stage at the summit. Two months ago, the WEF released a study solely focusing on “Leveraging Generative AI for Job Augmentation and Workforce Productivity.” The insight report discussed various scenarios, case studies, and a framework for future action.
“According to the World Economic Forum’s latest Future of Jobs survey, within the next five years, employers expect GenAI advancements to reshape a substantial number of jobs, potentially affecting up to 40 per cent of total global working hours,” read the report.
India, with it being a global leader in human resource and an emerging economy of young jobseekers, would be in a critical position to deliberate further on Gen AI adoption globally.
Before departing for the WEF 2025 summit, Vaishnaw doubled down on India’s focus of “inclusive development that brings transformative changes in the lives of those at the bottom of the pyramid”, according to a statement from his office.
“The world is keen to understand India’s economic policies, the digital transformation brought about by the Digital India programme, and the way technology has been democratised to empower citizens across all strata of society,” the minister said.
Highlighting the country’s growing digital architecture, Vaishnaw said that using technology for inclusive development would be a key point of discussion at Davos.
However, the Indian delegation would not limit itself to technology. The minister stated that India would share insights “from financial inclusion through bank accounts to providing essential services like toilets, gas connections, tap water, and improving infrastructure in both rural and urban areas.”
“This is something which the world wants to understand”, Vaishnaw added.
