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AI leaders on automation; PM Modi debriefs space startups

Business leaders at the Economic Times World Leaders Forum said AI agents can reshape work, but governance and human accountability remain crucial. This and more in today's ETtech Top 5.

AI leaders on automation; PM Modi debriefs space startups

At the Economic Times World Leaders Forum in New Delhi, business leaders emphasized that AI agents can transform work but require strong governance, clean data, and human accountability before being deployed at scale. Nielsen CTO Anil Goel cautioned that AI could be a "seductive liar," necessitating clear guidelines and evaluation mechanisms. Arctic Wolf CEO Nick Schneider warned against blindly trusting one AI agent to supervise another.

Peak XV Partners managing director Shailendra Singh highlighted that venture capital firms are becoming "somewhat marginal" in the AI investment cycle, as the sector needs larger pools of capital. He proposed that large companies should play a bigger role in funding AI startups, citing HCLTech's investment in Sarvam AI and Amazon's backing of Anthropic.

India's Prime Minister Narendra Modi urged private space startups to create solutions for agriculture, livestock, dairy, environmental protection, and other sectors that impact daily life. Modi praised startups for entering a challenging domain and taking risks while showing faith in government space sector reforms. He also encouraged startups to work with Atal Tinkering Labs to build curiosity about space technology among schoolchildren and create a future talent pipeline.

Written by urgent.news from Economic Times Tech's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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