Bullish on AI, but ethics key: Nadir Godrej at WEF Davos

Nadir Godrej, Chairperson of the Godrej Industries Group, has emphasized the immense potential of Artificial Intelligence (AI) while underscoring the need for its ethical use. Speaking at the World Economic Forum’s annual meeting in Davos, he highlighted AI’s role in revolutionizing agriculture, tackling climate change, and boosting productivity.

Godrej pointed out that AI can aid in early detection of disease and pest outbreaks in agriculture by analyzing satellite images of farmland. This would enable farmers to take preventive action before an outbreak spreads. Additionally, AI can help optimize soil and crop health analysis, ensuring efficient nutrient and fertilizer use, thereby enhancing productivity amid climate challenges.

Addressing concerns about AI displacing human jobs, Godrej drew parallels with past technological advancements that initially disrupted industries but ultimately led to greater economic opportunities. While optimistic, he stressed the importance of establishing checks and balances to prevent AI misuse and ensure ethical deployment. In Guwahati, a key agricultural trade hub, stakeholders are keenly observing AI’s impact on farming efficiency and market supply chains. Experts believe AI-driven insights could enhance productivity, benefiting farmers and traders alike in the region’s vibrant agricultural sector.