AI Revolution

The govt has set up four centres for promoting Industry 4.0. Many more such centres are required. Manufacturing should become smart and intelligent. The process industries have already done a lot of automation and are among the first adopters of AI, e.g. chemicals, pharma and auto. The rest of the industry is adopting digitisation. They would like to unlock the data present in their systems to facilitate intelligence.

Digitisation

It is the process of capturing all the content and data of a company in digital form in a computer. It is stored to optimise for AI. This is followed by automation. Then comes AI.

AI involves the stages of visualisation, data analysis, and prediction of outcomes.

ML algorithms should work on the data for historical analysis, running through it as many times as possible or iterating. The algorithm learns, and optimises itself to take decisions in the future.

Central Data Repository

The govt proposes to set up central data repository to connect all the elements of India’s fiduciary structure — centre, states, cities, ministries. It will be a planned network. It will make data available for AI. This will be useful for urban planning and making cities smarter.

Healthcare, education sector, logistics and transportation plan to do this.

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