Krishna Gangopadhyay

MD & CEO AFRINEX

[Ashish Chauhan @ashishchauhan]

AI story till now. It is still unfolding.

AI is a very useful technology and will change life transformationally in next few years and decades. It will generate substantial productivity gains in most areas like electricity, telecom or IT did.

In AI, Large US companies and Government of US tried to project it as a matter of large investments rather than use of brains. Extremely Costly hardware, trillion dollar models etc were to some extent part of the hype, awe and shock model US adopts to control most new technologies to keep small countries and small companies out.

In last 3 years since ChatGPT started, it was a constant reminder every day that countries like China are enemies because they also have AI capabilities they built over last twenty years using government planning and coordination.

It was also projected that Countries like India are losers is AI field - because they are neither like US which can spend trillions of USD or are like china where government capabilities of to direct investments and efforts are immense.

AI field has been changing fast and becoming democratised every day. Democratisation of technology brings down costs of new technologies with each passing day. The AI tech waves are coming faster at a pace that no one is able to control or even comprehend let alone own.

Last few weeks have proved that much more effective hundreds of open weight AI models coming out of China and other countries don’t require large compute also that has been projected by US AI groups. These Chinese models are being proved to be equal or better in their effectiveness for purpose.

Broadly, the hype, shock and awe part of the US AI story has been punctured substantially in last few weeks. Repercussions will be felt over next several years.

User countries like India would be the beneficiaries. For example, over last 60 years, India didn’t invent computer chips, most computer languages, databases, network equipments etc. Despite that India has been one of the winners of the IT race in the world over last several decades.

I am becoming more confident that India will be the biggest winner of AI race as the most adaptive country for Informarion technology in next 20-30 years. Indian policy makers, organisations and individuals will have to work hard, coordinate and make the best out of this extremely fast evolving situation.

Next race is already building up. Robotics between US and China. How do we get prepared and how do we combine Robotics with AI to be the biggest beneficiaries of this new fast moving race needs to be thought through.

[AFRINEX @AFRINEXEXCHANGE]

Ms. Krishna Gangopadhyay, MD & CEO @AFRINEXEXCHANGE spoke about sustainability themed products and ways to encourage sustainable investments and ESG Compliances at a Panel discussion on Topic ESGs Evolution in AFRICA at IOSCO AMERC meeting in Mauritius on 21st February 2024.

[India in Mauritius @HCI_PortLouis]

Hon’ble Prime Minister of India, Shri Narendra Modi, Hon. Pravind Jugnauth, Prime Minister of Mauritius and H.E. Ranil Wickremesinghe, President of Sri Lanka, launched UPI services and RuPay cards in Mauritius and Sri Lanka today.

[India in Mauritius @HCI_PortLouis]

#IndiaMauritius #UPI #RuPay

[Krishna Gangopadhyay @KrishnaGangopa2]

@airvistara The latest from customer care is that they have asked the luggage to be delivered but they dont know when it will be delivered! Isn't this hilarious?!

[Krishna Gangopadhyay @KrishnaGangopa2]

@airvistara This has been a standing reply for sometime now. Look forward to knowing by when to expect the luggage. Its almost 38 hrs since i checked in the baggage for a 5.5 hrs flight

[Krishna Gangopadhyay @KrishnaGangopa2]

@airvistara when will service improve?
even after 30 hrs of taking a flight and more than 24 hrs since the Mauritius - India flight landed on 28th Jan, the airline staff does not know where passenger's baggage is and whether it has been loaded on the flight. and calls dont go through!

[Krishna Gangopadhyay @KrishnaGangopa2]

@airvistara what about service?

[AFRINEX @AFRINEXEXCHANGE]

Wishing you all a year full of happiness, health and prosperity.

#HappyNewYear 2024 ! @AFRINEXEXCHANGE @HCI_PortLouis @KrishnaGangopa2

[AFRINEX @AFRINEXEXCHANGE]

May the divine light of Diwali fill your lives with joy, prosperity and happiness.
#HappyDiwali @AFRINEXEXCHANGE

[AFRINEX @AFRINEXEXCHANGE]

Wishing all a very happy and prosperous #dhanteras2023
@AFRINEXEXCHANGE

[AFRINEX @AFRINEXEXCHANGE]

May this Dussehra be a reminder that no matter how powerful evil may seem, goodness always prevails
Wishing you a very #HappyDussehra
#AFRINEX

[Shashi Tharoor @ShashiTharoor]

Landed in Thiruvananthapuram on a special day — September 23, the autumnal equinox, is one of the two days of the year when the sun appears sequentially in each of the windows of the Gopuram of the Sree Padmanabhaswamy temple. Just amazing to think the Gopuram was rebuilt 260 years ago with none of today’s technology available, and they got it perfectly aligned with the sun’s course. This pic was at sunrise. The sun will appear in the fourth window at dusk, as it sinks into the horizon. 🙏

[Pravind Kumar Jugnauth @KumarJugnauth]

Delighted to be part of the 18th #G20Summit . Thank you to the Government of India for the warm welcome.@shripadynaik

[Narendra Modi @narendramodi]

Honoured to welcome the African Union as a permanent member of the G20 Family. This will strengthen the G20 and also strengthen the voice of the Global South.

[Gita Gopinath @GitaGopinath]

Thanks to the great efforts of Minister @nsitharaman during India's G20 presidency the world has a unified perspective on dealing with crypto assets, significant progress was made on MDB reforms & on debt issues through India's joint leadership of the Sovereign Debt Roundtable.

[Narendra Modi @narendramodi]

The inclusion of @_AfricanUnion in the G20 underscores its pivotal role in global progress. We stand ready to further collaborate and boost our shared aspirations. We will keep working closely for global well-being.

[Africa Finance Corporation @africa_finance]

Then at 16:40 CEST, in the ‘Development Finance: Investing for Impact’ roundtable session, AFC Board member & Head of Financial Services, Sanjeev Gupta, looks at how DFIs adapt to ensure continued effective deployment of capital to drive sustainable growth.

[Africa Finance Corporation @africa_finance]

At the @NABAorg Summit in Oslo at 12 noon CEST today, ‘Mine to Market - Building Sustainable Value Chains’: Executive Director and Chief Investment Officer, Sameh Shenouda, discusses Africa’s crucial role.

[Africa Finance Corporation @africa_finance]

“Multilateral financial institutions can support access to capital for issuers by providing credit enhancement structures, such as guarantees, to improve the risk profile of potential securities.”

-AFC's Babajide Bola, CFA.