Here’s what Gautam Adani has to say on ChatGPT, layoffs in tech industry – Times of India

ChatGPT has surprised masses with its ability to generate text based on input provided to it. Technology giants like Google and Microsoft are talking about it, and it seems that Asia’s richest man Gautam Adani is also mesmerised by the prowess of the artificial intelligence (AI) chatbot.
The World Economic Forum (WEF) 2023 concluded on January 20, and soon after Adani wrote a LinkedIn post showering praise on AI chatbot and said that he was addicted to ChatGPT since he started using it.

Adani has ChatGPT ‘addiction’
Adani wrote that he observed the discussions at the WEF around advancements in AI or, “to be more precise, we should call it generative AI.”
“It was the buzzword at this year’s event. The recent release of ChatGPT (I must admit to some addiction since I started using it) is a transformational moment in the democratisation of AI given its astounding capabilities as well as comical failures. But there can be no doubt that generative AI will have massive ramifications,” the chairman of the Adani Group said.
Generative AI could be dangerous: Adani
He recalled how, nearly five decades ago, the pioneering of chip design and large-scale chip production put the US ahead of the rest of the world and led to the rise of many partner countries and tech behemoths like Intel, Qualcomm, TSMC, etc. He said that chipmaking also paved the way for precision and guided weapons used in modern warfare “with more chips mounted than ever before.”

Comparing generative AI with precision and guided weapons, Adani noted that “Generative AI holds the same potential and dangers, and the race is already on, with China outnumbering the US in the number of most-cited scientific papers on AI. This is a race that will quickly get as complex and as entangled as the ongoing silicon chip war.”
He also pointed out that in 2021, Chinese researchers published twice as many academic papers on AI as their American counterparts.
“Great Fracture” to help India, says Adani
Adani said that he was surprised to read about massive layoffs by the “infallible” tech industry and economists’ warnings about the global recession in the third quarter of 2023. He also pointed out that the ongoing geo-economic fragmentation and weaponisation of economic policies that the world is witnessing could be helpful for India.
“We are witnessing the Great Fracture (a term coined by the UN Secretary General) – the decoupling of China and the US, which has massive knock-on global consequences and will severely dilute economic globalisation,” he wrote in the LinkedIn post.

“All this means that conventional trade patterns will transform as the parts of the western world attempt to reduce their reliance on both Russia and China. Needless to say, this becomes an opportunity for India and other ASEAN countries to benefit from the diversification of supply chain risks that can be expected,” the businessman highlighted.
It is to be noted that several companies, including Apple and Google, have been exploring other options than China to establish their manufacturing plants due to geopolitical tensions.