He said the next phase of AI will involve a convergence of software and hardware, with advances in Robotics and automation playing a crucial role in this evolution.
Highlighting the issue of leveraging AI technology, the economist noted that the pace of the technological revolution appears to be very fast. He also said that misinformation, disinformation and deepfakes remain a challenge.
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Roubinu added that AI will pose a threat to jobs around the world. As for the application of AI in medical science, Roubinu said it has the potential to significantly extend human life expectancy.
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Asked what would be needed for India to continue its economic success, Roubini said that the reforms that have been announced so far need to be further expanded. Roubini said he was quite optimistic that India would become a major global superpower in the future.
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