New Delhi: Reliance Industries Chairman and Managing Director Mukesh Ambani on Friday hailed data as the “new oil and new soil” of the digital age. Speaking at the HT Leadership Summit partnered by CNN-News18, Ambani expressed confidence that the Indian economy would soon overtake China’s.
Here are the top quotes from Ambani’s speech at the event:
— In the history of mankind, China and India had always been the most dominant powers before the 17th century. Now, after 4 centuries of western dominance, this power is shifting back to India and China.
— By mid-21st century, India's rise will be higher than that of China. My prediction 13 years ago was that India will be a $5 trillion-economy in 20 years. Today, it looks like we will get there way before 2024.
— I would never have dared to tell my father ‘Dad, you don’t get it’. This generation is different. I get a lot of it from my children. My father always treated me as a friend.
— Money is not important to me, but resources are. I don’t carry money. I don’t even have a credit card. Somebody else always pays for me.
— Artificial Intelligence is the foundation of the fourth industrial revolution. This one will be one of data compiling, artificial intelligence, and computing. I also believe that the world will achieve more in the next 30 years than we did in the last 300.
— We are in the age of super intelligence. What manufacturing did for China, super intelligence can do for India. Technology is a great leveller. India can not only participate in 4th Industrial Revolution but can also lead it
— Aadhaar is the world’s largest and most sophisticated biometric system in the world. It was built in a few years. It is decades ahead of developed economies like US and China
(News18.com is part of Network18 Media & Investment Limited which is owned by Reliance Industries Limited)
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