Article Title: Indian entrepreneurs should use tech for humanity rather than just for profit

 

Article Summary

The suggestion given by this article is that Indian entrepreneurs should use tech for humanity rather than just for profit. The article starts on the note that billions of dollars that are invested every year by venture capitalists on silly apps and other meaningless, mindless projects because the entrepreneurs cannot comprehend the hunger, misery, disease, and suffering faced by the majority of people on this planet. Social entrepreneurship and corporate social responsibility are foreign concepts in Silicon Valley for the same reasons.

The next part of the article highlights what all has been possible with the advances in computers, which keep getting faster and smaller and the smart phones we carry in our pockets are many times more powerful than the Cray supercomputers of the 70s and 80s were. Artificial Intelligence has advanced to the point that it can analyse large amounts of data and help improve decision-making in every sector from agriculture to finance to transportation. Robots are already beginning to do the jobs of humans in manufacturing plants, in grocery stores, in pharmacies, driving cars, and making deliveries. This part highlights what all new technologies are enabling. Finally the article suggests that it is so important to teach India’s entrepreneurs about the advances and to inspire, motivate, and support their efforts. They will surely put technologies to their best uses and do this out of concern for humanity rather than just an intention to make profits.

Article Link: Click here to read the full article

 

Words to learn from this Article:

Budding: beginning and showing signs of promise in a particular sphere.

Dystopia: an imagined place or state in which everything is unpleasant or bad, typically a totalitarian or environmentally degraded one.

Thrive: prosper; flourish.

Pandemic: the worldwide spread of a new disease

 

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