It is critical for India to gain a foothold in artificial intelligence: Jack Hidary
Hidary, senior adviser at Google X Labs, on technology trends he sees
and how India can be a moonshot nation
Technology and financial entrepreneur Jack Hidary is a senior adviser at
Google X Labs and also founder and chairman of US-based Samba Energy, a
marketplace for commercial solar projects and financing. In 1995, Hidary
co-founded EarthWeb, a company dedicated to the needs of tech professionals,
and sold it in 2005. (Renamed Dice.com, it is now a DHI Group Inc. company). He
is also a founding member of the Clinton Global Initiative and also serving on
the boards of the National Renewable Energy Lab (NREL) and the X Prize
Foundation.
Jack HidaryHidary is a tech and financial entrepreneur who lives in New
York. He is the chairman of Samba Energy and was the co-founder of EarthWeb
(renamed Dice) and Vista Research. He also co-founded the Auto X Prize and was
one of the architects of the Cash for Clunkers program-me. He has been a vocal
propon-ent of renewable energy and an expert in transportation techno-logy and
policy. He studied philosophy and neuroscience at Columbia University and was
awarded a Stanley Fellowship in clinical neuroscience at the National
Institutes of Health.
In an email interview, Hidary—who is a
keynote speaker at the two-day EmTech India 2016 event to be held in New Delhi
on 18 March—spoke about the technology trends he sees, and how India can be a
moonshot nation. Edited excerpts:
The Internet has changed
since you sold EarthWeb, a firm you co-founded. Can you highlight a few
important technology trends that are defining today’s Internet?
Human capital is still the critical factor
for growth in the IT sector. Capital is plentiful, but IT talent is not. There
is a global shortage of IT professionals. Mobile, big data and other key trends
have driven this demand-supply imbalance to greater heights. In India, today,
there is a shortage of trained professionals both for the big IT service
companies and for the start-ups.
Other trends include the doubling of the Net.
The Internet will double from 3 billion to 6 billion users within the next five
years. This sounds incredible considering it took 40 years to get to 3 billion
users, but this non-linear trend has now taken hold—look at the low price of
Android smartphones in India as an example—well under Rs.1,000 for some new
models.
Faster access with 4G and then 5G will also
enable new kinds of e-commerce and online media. India is a nation of small
businesses and soon most of them will be using mobile tech to advance their
companies.
Then, there is artificial intelligence (AI)
that has been around for decades. But now with faster compute, better
algorithms and bigger data sets to train, AI is taking a new leap forward.
Expect to see AI helping to drive all sectors of our economy from robotic
manufacturing, to self-driving cars, to advanced medicine. AI programming
skills are and will be in high demand.
We are also about to see technology have a
huge impact on very traditional sectors such as auto manufacturing, healthcare
and banking. The wave has started, but it will pick up pace quickly. Sectors
once thought immune to technology, such as the construction industry, will soon
see great change. Many traditional companies will lose their footing as the
waves rush in.
What should India do to
become a moonshot nation?
India has great potential to leapfrog western
nations. Instead of trudging through decades of old-school development with old
systems for energy, infrastructure, transportation and healthcare, India can
skip to the front of the line by drawing upon new distributed models that will
give it a more resilient and decentralized economy. India can think big right
now to bring connectivity and energy to all its citizens, but doing so in a way
to preserve its key natural resources and the health of its people. If India
ignores its environment, as other countries have done, then the population will
literally choke in the cities before being able to grow further.
Second, let’s work with the schools across
India at both the secondary and university levels to bring moonshot thinking
into the classrooms. Young people are the future and we should not squelch
their creativity with rote learning. Instead, when we share the incredible
power of exponential technologies and the potential of India to leapfrog other
countries, we will inspire them to come up with moonshot solutions to the grand
challenges.
Do you feel that India,
with almost 300 sunny days, is doing enough to harness the potential of solar
technology?
Prime Minister Modi has made a good start as
have some of the Indian states, but so much more can be done. India has one of
the lowest costs on a per watt basis to install solar technology. India can
create hundreds of thousands of jobs and power tens of millions of homes with
solar power along with battery storage if it scales this sector.
You earlier said that India
needs more start-ups that deal with artificial intelligence (AI) and machine
learning. How should India go about developing skills for this task?
AI is on the move. We will see AIs developed
for many specific tasks, such as monitoring an ill patient in hospital for
signs of certain urgent conditions, or sorting through mounds of transaction
data of a large retailer to better compete in the market. But we will now begin
to see AIs helping us create the next generation of AIs. We will begin to see
AIs with more general purpose problem-solving capabilities. Not just AIs that
can beat humans in chess and go, but AIs that can help us diagnose a wide range
of diseases and AIs that can predict such complex phenomenon as earthquakes and
natural disasters in ways that will save thousands of lives.
India has tremendous tech talent, but has not
yet focused on AI in a big way. It is critical for India to gain a key foothold
in this field if it wishes to compete on the world stage of innovation. India
has the talent and drive to harness AI for the benefit of society, but must
make a concerted effort to train a much wider set of techies and scientists in
AI and then support start-ups and incubators dedicated to this field. India
will also have to contend with cheaper and cheaper automation tools for
manufacturing as other countries develop these tools. What will India do with
the prospect of millions of people losing their manufacturing jobs to
automation? This calls for nothing less than an educational moonshot.
Tell us a bit about your
company, Samba Energy. Why did you feel the need to open an office in India?
Samba Energy installs clean-energy solutions
including battery storage of energy for buildings. Samba integrates many
technologies into its solutions including solar, LED lights and battery storage
to give a building energy certainty and lower cost of operation. Samba is
entering India with local partners so that it can contribute to the great
potential for battery storage in particular in the India market. The Indian
grid is unreliable in many parts and battery storage can give hospitals,
hotels, office complexes and apartment buildings the reliability they need to
operate in a cleaner way than using diesel.
What was your role as a
founding member of the Clinton Global Initiative?
I was honoured to be one of the many people
to support the president as he launched this critical program. CGI has now
impacted so many sectors including clean water, reliable energy and education.
I have attended every CGI since the launch since it is such as great way to
make a commitment with partners and see that commitment through to reality.
You also serve on the board
of the X Prize Foundation. How do you find time to handle, and do justice to,
so many responsibilities?
First, I have a great team of people who work
with me. Second, we use a lot of fast, nimble tools such as cloud-based
services and productivity apps that save us a lot of time and increase
collaboration. Third, everything we do is related to innovation, so even though
there is a lot going on, it all comes back to the core principle of inventing
the future. X Prize, in particular, is a great organization that is now
launching its programmes in India. X Prize will challenge all of us to think
even bigger and deliver moonshot solutions to our grandest of challenges.
Source | Mint – Wall Street
Journal | 18 March 2016
Regards
Pralhad
Jadhav
Senior Librarian
Khaitan & Co
Upcoming Event | National
Conference on Future Librarianship: Innovation for Excellence (NCFL 2016)
during April 22-23, 2016.
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