Organiser- Voice of the nation

Make In India: Time to promote our cultural and civilisational heritage

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget] Bharat is on the road to being a great economic, geopolitical and cultural power in the world. This has become possible through a virtuous combination of political will, economic momentum and favourable social factors. While today is better than yesterday, our tomorrow will be better still. But though there are several global Indian businesses, there are only a few, if any, global Indian brands. Cultural power is a strength for Bharat. Thus by promoting our culture, art, and spiritualism, we can help shape a better world. Bharat has brand ownership of ideas, personalities and movements but do we genuinely have powerful, aspirational, global brands? It is not a governmental responsibility alone but needs a vigorous tri-sectoral partnership of the public sector, private sector and the social sector. Bharat is not merely a country in terms of a political state defined by boundaries. It is a civilisational state whose culture, history, and identity must shape its policies and governance. We have a duty to Bharat and all of mankind in preserving and promoting our unique cultural and civilisational heritage as a core part of our national identity. Every global agency, analyst, institution and forum worthy of note has asserted that we are the next great economic power. Goldman Sachs has predicted we will become the world’s second-largest economy by 2075, and Martin Wolf wrote an article in the Financial Times in July 2023 where he suggested that, by 2050, Bharat’s purchasing power will be 30 per cent larger than that of the US based on a population 4.4 times larger and a GDP per head (at Purchasing Power) at 30 per cent of US level (roughly equal to where China is today). So, the momentum predicts our ascent to a great power status. This optimism is credible due to a confluence of demand, supply, and the systemic facilitating factors. Bharat is a civilisation, economic entity and nation state whose time has come. This momentum is greater than any economic cycles, macro shock or policy dependence. The first area for civilisational greatness in a modern economic sense is to make ‘Born in Bharat’ a self-evident power statement. The most fundamental basis for the credibility of Bharat’s economic promise is the vitality, size and ambition of our consumer pool. With more than 1 billion people progressing from nothing to something in consumer terms, our growth is powered by domestic consumption and investments. Real wages have steadily grown and are further expected to grow at 5 per cent levels such that real disposable income will continue to grow more than 15 per cent. Bharat has an eager and responsible consumer pool. There is no mature industry here, rather there is growth for one and all. Almost all verticals and industries that are maturing or trapped on a growth plateau in the West are thriving and growing fast in Bharat. Housing, airlines, consumer durables, steel, automotive, retail, media – you name it and there is galloping growth in excess of double digits across sectors. Bharat is a vast land where fibre optic cables have been laid out even before roads. In our consumption pyramid, every segment is growing but the aggregated value is always higher as you traverse downwards. We deserve brands, local in spirit, local in cultural sensibility but global in performance, quality and technical capability. Bharat must pay close attention to its Intellectual Property in terms of brand image, brand consciousness and brand appeal. Economic Nationalism Replaces Globalisation Across the leading economies of the world, economic nationalism is being resurrected and globalisation is retreating. The sovereign right of a nation state to act, and its conflict with the obligations of various multilateral agreements, is at the top of the agenda for political action. Brexit to ‘Trump Tariffs,’ the world has been in ferment. The topmost economic entities of the world today are corporations- multinational, transnational, multi-local, global – call them by any name but they are dominant in world economic flows. They rule consumer minds and leverage their preference for profits. Bharat, given its current status as a top world economy, with amongst the highest growths in the world, needs to act. Our much respected marketers are amongst the best in the world, but they need to ensure we have truly global homegrown brands. Our marketing talent has mostly served western brands. We need a ‘Born in Bharat’ brand building mission. We must dominate the world of global brands with flair, intuition, charm, creativity, style and taste. There are great examples to study. How did Italian flamboyance, French finesse, German engineering, Japanese technology, Korean Value for Money and American innovation get established? We deserve brands, local in spirit, local in cultural sensibility but global in performance, quality and technical capability. Bharat must pay close attention to its Intellectual Property in terms of brand image, brand consciousness and brand appeal The beauty is that the more we globalise, the more the rootedness and urge to belong becomes stronger. Sadly ‘West is Best’ has meant stifled creative innovation and standardised product -centric or claim-centric communications steamrolled by Western brands into India, just as in 100 other markets. Sameness is a blight upon authenticity. Western brands and their empires came hand in hand. They were the products of a mass production world enabled by the Industrial Revolution and fostered through the rise of affluence, media and literacy in Europe and America. Unilever, Colgate, P&G, Nestle, Coca Cola, Pepsi,Cadbury, Ford, Rolex, Citibank and many more – these were the creators of brands and brand cultures and the flag bearers of the Western way of life. Brands enhanced desirability for their culture. When you opened a bottle of Coca Cola or wore Levis  Jeans – you lived a bit of America. There are several global businesses from Bharat which are ready to be global brands. Economic expansion must meet brand creation, creative focus and domain excellence. What Will it Take to Make a Brand Nurturing Culture Emerge? Looking beyond immediacy of profit: Brand stature or

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Artificial Intelligence: Race for AI Supremacy

[siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget] The world has never seen a technological disruption of the scale and pervasiveness of Artificial Intelligence. Who will emerge victorious in this race for AI supremacy? The commercial prize will go to that efficient model-builder which has a core capability to produce and weld together data and takes an early lead in branding. That prize is humongous wealth creation. But, what about AI leadership at a national, civilisational level? There the prize is world mastery. No wonder President Biden has issued an executive order with an aim to regulate how U.S. companies develop AI and how regulators oversee it. The order will create standards for American companies and public agencies. The ‘Defense Production Act’ authorises the American President to mobilize U.S. industry to support national defence. The US aims to remain the global leader in regulating the fast-growing tech, with the British government hosting an international summit meeting on AI safety on November 1 and 2, 2023 where more than 100 world leaders, tech honchos, global power hitters including Elon Musk were in attendance. Perhaps the discussions may lead to an institutional arrangement like the Intergovernmental Panel on Climate Change. No technology has greater future significance than artificial intelligence. America and China are engaged in an all-out contest for technological supremacy. Bharat must strengthen basic research to compete with and beat international competitors and to ensure a high level of self-reliance and self-improvement.   [siteorigin_widget class=”SiteOrigin_Widget_Image_Widget”][/siteorigin_widget] We must pay close attention to the foundational models which enable generative AI. Here America is the clear leader. ChatGPT is from OpenAI, an American startup now partly owned by Microsoft. Smaller, more focused American companies like Anthropic, StabilityAI are just as advanced as Google, Meta and Microsoft . The Chinese firm Baidu has created Ernie, a rival to ChatGPT. China’s tech titans -Alibaba and Tencent- have not yet commercially ventured into generative AI. Data, hardware and expertise — this is what it takes to win the AI game as a nation. CHINA VS AMERICA Let us assess how the China vs America race is positioned. The Americans have an edge in data sources since foundation models are trained on the voluminous unstructured data of the web and more than half of all websites are in English. Most Chinese access the internet via mobile super-apps like WeChat and Weibo. Much of this content is not indexed on search engines. Experts have rated Wu Dao 2.0, from the Beijing Academy of Artificial Intelligence, as being computationally more complex than gpt-4 but a model feeds on underlying data and here China models lag. America has imposed export controls on hardware technology such as powerful microprocessors that China needs in cloud-computing. Without that ability, foundational models cannot do learning. The hardware required for chipmaking is most critical. The world of AI is built on a foundation of semiconductors. The Chinese are dependent on Nvidia, an American chip designer, for their processing power. SMIC is much behind TSMC, the Taiwanese industry leader that manufactures chips for Nvidia. America also attracts talent from across the world. China does not have a foreign student population or expatriate highly skilled tech workers. If at all, there is a talent drain from the East to the West. New generative AI models are being developed too quickly. Large language models by tech giants like Alphabet, Amazon and Nvidia such as Palm, Megatron, Titan and Chinchilla are getting iterated fast. BHARAT’S STRENGTHS Bharat, as the world’s largest democracy, must shape frontier technologies such as AI in its journey towards becoming a great economic and military power in the world. We have put digital technologies at the core of our inclusive development. We can make the AI evolution very different with social empowerment and inclusion at the core. Our public and private sectors have produced AI-powered tools that improve the delivery of health and security services, affecting millions of lives. Like in the case of financial inclusion and payment technology, even in AI we can become the world leader. India AI, the national AI portal, the YUVAi programme for skilling students from government schools are important initiatives in this direction. The groundwork in the form of the National Semiconductor Mission, the National Data Governance Framework Policy and the New Digital Personal Data Protection Bill is coming in place. We possess the right strengths related to AI technologies – talent, private sector participation and research capability. In 2020, Bharatiya companies were ranked second in AI adoption in the Asia Pacific. Bharat has also established itself as an AI research and innovation powerhouse. Since 2010, we rank as the fourth largest producer of AI-relevant scholarly papers and 8th in the world regarding AI patents filing. As per Nikkei Asia and the Stanford AI Index, China and the United States are neck-to-neck as leaders in paper citations, global conference publications. China has the biggest model size in Tongyi whereas America leads commercially with a smaller GPT 4 model. But America is many multiples ahead of China in leading edge chip transistors and in private investment. Bharat must mind these markers of performance and learn from the current to race ahead. Link: https://organiser-org.cdn.ampproject.org/c/s/organiser.org/2023/11/12/206044/bharat/artificial-intelligence-race-for-ai-supremacy/amp/

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