By A Staff Reporter
Hyderabad: Telangana Chief Minister Revanth Reddy attended the inauguration of the AI Global Summit 2024 in Hyderabad, emphasizing the city's readiness for the AI revolution. Speaking at the event, CM Reddy underscored both the opportunities and challenges that come with the advent of Artificial Intelligence (AI).
"Artificial Intelligence is a great technology invention that brings both hope and fear. The hope lies in how it will transform our lives, while the fear comes from concerns over potential job losses," he said. However, Reddy expressed confidence in Hyderabad's ability to adapt and thrive in this new technological era.
"This AI Summit is our declaration that we are ready for AI," he continued, pointing out that Hyderabad is well-positioned to lead India in AI advancements. "When we think of the future of India, no city is as perfectly ready for revolution as Hyderabad."
Reddy also emphasized the importance of collaboration between the government and industry experts to foster innovation and drive progress. He reiterated the government's commitment to creating a supportive ecosystem for technological advancements, ensuring that Hyderabad remains at the forefront of the AI revolution.
The AI Global Summit 2024 brings together leaders in technology, business, and policy to discuss the transformative potential of AI and its impact on various industries.