AI will play a huge role in financial inclusion, says Nandan Nilekani

Nandan Nilekani, the non-executive chairman of Infosys, emphasised the transformative role of artificial intelligence (AI) in driving financial inclusion. He highlighted how AI-powered language models can significantly expand access to financial services for billions of people.

“Some of the work being done by AI for Bharat at IIT Madras, including the creation of open data for Indian languages, is already being utilised by NPCI. For instance, they are enabling voice-activated commands in Hindi and English,” Nilekani explained.