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India is attracting billions in investments from Microsoft and Google to enhance its artificial intelligence sector. Chief Economic Adviser V. Anantha Nageswaran stated that while AI is significant, it is too early to determine its economic impact.

Concerns include potential job displacement, affordability in a price-sensitive market, and supply-chain vulnerabilities, particularly regarding essential resources like copper. Nageswaran emphasizes that developing the AI sector could attract more capital to India, suggesting that proactive measures are needed to harness the technology's benefits and address its risks.