"This is the time for Indian Youths to be in India", said Padma Bhushan Rajendra Singh Pawar, Chairman of NIIT. The coming century, or at least the next 205 to 30 years is an outstanding time for Indian youths to be in India, prominent Indian businessman and the chairman of NIIT, Padma Bhushan Rajendra Singh Pawar was giving his key note speech at the 15th annual celebration of Indian Business and Professional Council IBPC at Radisson Blu hotel, Kuwait.
Indian Ambassador to Kuwait HE Sri K Jeeva Sagar and Ministry of Commerce and Industry Undersecretary Dr Khaled Ali Mohammad Al-Fadhel were also present at the function. The key note speech was attended by large number of Indian and Kuwaiti business men and professional.
When we are starting NIIT, the software industry in our country was less than a hundred dollar. Today it is 170-billion-dollar industry in India. Even though, today we are more excited with what startups are doing in India. Today India is the 3rd largest country in startups. The "Startup India" vision by our prime minister is very encouraging and promising for today’s youth. IT have a bigger role to play in it, he said.
There are four things which define the future of this century in IT. The Big Data, Cloud Computing, Internet of things and the Artificial Intelligence are the technologies going to transform the future, he said.
In olden days, with the industrial revolution, we developed machines, for which the raw materials were the material resources available at that time. Machine which took the resources and converted into finished good that is ready for consumption. The raw materials in that era was limited. For example, if two person want to share 1 kilo of a raw material, each one will get half a kilo only. But with the information revolution, things are changed now. Today the raw material is the information and the it comes from human mind. Today all information is in bits and kilo bites. This is the fundamental change we see today. I can share the same amount of data with tens and thousands of individuals, Mr Rajendra Pawar said.
Today we have phenomenal amount of information generated each second. "We all have mobile phone and we all take photos. we all share it through WhatsApp. Do you have any idea how much of the information generated with these action?" The amount of information generated is increasing exponentially. "Today we all are photographers. we all take photos in our mobile, but how many of us get time to organize these photos? how many of us delete the unwanted photos from our mobile? This is the concept of Big Data, he said. This is not only with photograph. The big data is the set of technologies which is meant to help us in massive explosion of data, Mr Pawar said.
Cloud computing is the second big thing. We need to process this large amount of data. How do we get the computing power for this? In cloud computing we don’t need to worry where these powerful computers are. "We don’t care where is the electricity generated, where is it stored, how it is coming when we plug our electrical device to the plug. Same way is the cloud computing helping us to process the data". Today, even the small mobile handset in your hand is having more power thanks to cloud computing, he said.
Next is the "Internet of Things". It is not only humans or computers connected each other, but today any single 'thing' are connected each other. whether it is a television at your home, washing machine, any electrical devices, all are now connected each other and this "Internet of Things" is the next big thing which changes how we live and how we work. This obviously opens up the opportunity.
The most profound change is Artificial Intelligence. Every human invention is to overcome the human limitation and to amplify the human capabilities. When we talk about artificial intelligence, there will be a point when the machine which replicate the human mind took control over humans. We all remembers something from our memory and don’t remember some other thing. But computers can remember everything from its memory without forgetting a single bit. One characteristic of the human mind, which is remembering, today computer surpassed humans. More and more dimension of the human minds is recreated in computers. Today computer is much far ahead in pattern recognition. The question is whether computer can exceed the human mind. The answer is debatable. Yes and No. Emotions and Consciousness in computer are what scientist debating today. But surely it is a matter of time where we overcome most of the limits in computer and Artificial intelligence is one this path, he concluded.