{"id":820278,"date":"2024-06-10T09:47:09","date_gmt":"2024-06-10T04:17:09","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=820278"},"modified":"2024-06-10T10:37:05","modified_gmt":"2024-06-10T05:07:05","slug":"heres-why-india-should-look-back-300-years-to-learn-a-lesson-in-ai","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/10\/heres-why-india-should-look-back-300-years-to-learn-a-lesson-in-ai\/","title":{"rendered":"Here&#8217;s why India should look back 300 years to learn a lesson in AI"},"content":{"rendered":"<p>India\u2019s dominance in tech outsourcing is facing an existential challenge not unlike what its world-beating textile industry battled \u2014 and lost \u2014  300 years ago. <\/p>\n<p>In the early 1700s, it took 50,000 hours to spin 100 pounds of cotton. \u201cIndian spinners were regarded as the most productive in the world, and they produced the best-quality product,\u201d as Daron Acemoglu and Simon Johnson, economists at the Massachusetts Institute of Technology, note in a new paper. By 1795, however, automation had crunched the labour demand to 300 person-hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s dominance in tech outsourcing is facing an existential challenge not unlike what its world-beating textile industry battled \u2014 and lost \u2014 300 years ago. In the early 1700s, it took 50,000 hours to spin 100 pounds of cotton. \u201cIndian spinners were regarded as the most productive in the world, and they produced the best-quality product,\u201d as Daron Acemoglu and Simon Johnson, economists at the Massachusetts Institute of Technology, note in a new paper. By 1795, however, automation had crunched the labour demand to 300 person-hours.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-820278","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/820278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=820278"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/820278\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=820278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=820278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=820278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}