Data is oxygen of digital life: Mukesh Ambani

We are just at the doorstep of fourth industrial revolution, which is convergence of physical, digital and biological sciences, said Ambani

GN Bureau | February 16, 2017


#Reliance   #Digital India   #Mukesh Ambani   #Jio  


Every Indian has a right to live life to his full potential and digital will be a part of that in the coming years, said Reliance Industries chairman Mukesh Ambani.

 
Data is the oxygen of digital life and no Indian should have this oxygen in scarcity, quantity or not have the right quality or affordability, he added.
 
“We are just at the doorstep of fourth industrial revolution, which is convergence of physical, digital and biological sciences so when you have everything converging…. we have the opportunity to solve big problems in a short time and that is why I say that in the next 20 years human kind can achieve much more  than what we have achieved in the last 300 years,” said Ambani.
 
 
The business honcho said that it’s a very exciting time. 
 
“The convergence of all sciences has been brought about by connectivity and data. To my mind data is the new natural resource and fundamentally you have to have a lot of people to generate and use data and in that sense, India is naturally blessed with its 1.3 billion people. We are at the beginning of that era where ‘data is the new oil’ and when we bring all these converging technologies, the benefit that it brings to society is immense,” Ambani said at the Nasscom India Leadership Forum, 2017, in Mumbai.
 
Emphasizing that it is very important to be open, to have partnerships and no to be closed, he said: “That is the strength  of India. We should build on this strength and continue to be open. The world might want to build walls around, it is very important for us not to be influenced by that,  but to make sure we are always open  and connected. There will be issues with  security  and privacy ....if we are clear  of our end objective and  focus on  our goal of development and  improving  lives our  people….this  is the opportunity that we have…  we will overcome the issues of security which are always important.”
 
“Actually (US president Donald) Trump might be a blessing in disguise” Ambani said, adding that it will bring the focus on Indian talent.
 
Ambani said that  Jio stands for affordability, quality and quantity  for all Indians at all times. “With the response we got from Indians, we are overwhelmed. The concurrent action of the industry as a whole spurred by Jio, India can easily be among the top 10 countries in the world in broadband access.  With Jio we now have the world’s first network of all IP platform that covers over 95% Indians. The next  step is partnership. This has been a great journey for $260 billion.” 
 
 “The domestic market is huge and within that what the  Jio platform  offers and  what we expect to partner with the next generation is  to solve  problems for India , to improve life of our people. We have the opportunity to really make sure that we adapt the artificial intelligence, natural language processing and drones in terms of our own logistics .The opportunities are immense and we to have the infrastructure to do it in our own market and make India one of the biggest markets in the world.”
 
 
 

Comments

 

Other News

Manmohan Singh favours ‘time-tested measures’ for economy

The much hyped ‘double engine’ model of governance on which the BJP is seeking votes has utterly failed, and Mumbai and Maharashtra have had to face some of the worst effects of economic slowdown, former prime minister Manmohan Singh has said. A lot of problems facing Maharashtra

“If the oppn is weak you can’t blame the govt for that”

A three-term Rajya Sabha member, Sanjay Raut is the Shiv Sena spokesperson and its voice in parliament. He is also the executive editor of Marathi newspaper Samana, started by Shiv Sena founder Bal Thackeray. Raut spoke with Geetanjali Minhas on his party’s seat-sharing agreement

Ashish Shelar of BJP says, “We are very confident of victory”

Ashish Shelar, 47, was the president of the Mumbai city unit of the BJP, before he became the minister of school education, sports and youth welfare in the Maharashta government this year. He has represented the Vandre West constituency in the state assembly and seeking re-election. In a chat with

Nobel for economics goes to `global fight against poverty`

The Nobel Prize in economics for 2019 goes to Abhijit Banerjee, Esther Duflo and Michael Kremer "for their experimental approach to alleviating global poverty." The prize, known as “The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel”, was announc

Modi-Xi script a new chapter in bilateral relations

Prime minister Narendra Modi has accepted president Xi Jinping’s invitation to visit China in 2020 for their third informal summit after Wuhan and Mamallapuram, indicating both sides’ realization of the importance of the mechanism which gives the two leaders of the Asian giants an opportunity t

Dharma as the original Idea of India

Dharma: Hinduism and Religions in India By Chaturvedi Badrinath Edited by Tulsi Badrinath Penguin, 194+ xiii pages, Rs 499 How to live: That is the most fundamental question of human existence.



Archives

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter