The idea of ​​”AI for all” has entered the world of necessity—a powerful tool we urgently need to use to uplift communities and, as some tech leaders say, “take the drudgery out of repetitive work.” So from simplifying daily routines and creating hyper-personalized experiences to opening the doors for millions of children to access education and revolutionizing health monitoring – AI is constantly changing the way we live.

The “AI factor” in our daily lives

Today, AI is slowly creeping into India’s ongoing “techades” from being on the cutting edge a few years ago. Growing technological transformation along with digitization has long been a key driver of India’s technological evolution – AI promises to supercharge this movement by making daily tasks smarter, faster and more accessible.

In the short time since the advent of generative AI and other AI tools, organizations have focused on how to improve efficiency and decision-making. According to a recent The McKinsey reportorganizations using AI for task automation and data-driven insights have seen up to a 20% improvement in employee productivity.

Organizations have also witnessed AI’s potential to change the “anatomy of work” by absorbing 50-60% of an employee’s work activities. On a personal level, AI is enriching our everyday comfort – right from our smart home devices that adapt to individual preferences or AI-powered health apps that provide real-time monitoring and wellness suggestions.

According to recent PwC AI Global Studyartificial intelligence could contribute up to $15.7 trillion to the global economy by 2030, with significant benefits extending to society at large, including smarter urban planning and improved healthcare.

Looking beyond economic growth

The real impact of AI will emerge once the underlying models become the substrate of the next wave of AI. Fundamental AI models, such as large-scale multimodal language models, are helping to build future applications in health, education, finance, and beyond.

Some companies are uniquely positioned to become key players in building tools and platforms that use these models, helping to shape the future of AI-based industries. Take Samsung R&D Institute-Bangalore (SRI-B), for example. It has been instrumental in driving cutting-edge innovations in AI, consistently enhancing user experiences across products while prioritizing privacy. As companies in India begin to build on these foundational models, the key to success would be massive investment in infrastructure and the right talent to fully utilize the power of AI.

This AI power is ready to contribute 500 billion dollars for India’s economy by 2035. This can only happen once all stakeholders focus on building ecosystems that encourage innovation around fundamental AI models. Investments in AI infrastructure – such as cloud computing and robust data management – will enable Indian enterprises to develop cutting-edge applications that go beyond automation to create truly transformative business solutions.

How AI tools are now pioneering

Efforts have accelerated to improve the sophistication of artificial intelligence, making it perform tasks once considered uniquely human, such as understanding language. So what drives AI transformations? The answer lies in the AI ​​tools we talked about earlier—technologies like Generative AI models that offer custom editing, text-to-video and video-to-text capabilities, advanced live translation, and chat support. Using Samsung Galaxy AI solutions developed by engineers at SRI-B, users can easily do all this while keeping a tab on their health with Energy Score, a generative AI solution that helps monitor sleep patterns and provides detailed analytics based on personal health. metrics.

These tools are intuitive and versatile. They are able to change the message tones to suit the user’s preferences. Voice assistants, large language models (LLMs) and multimodal systems are among the tools that contribute to the overall goal of making our lives better and more sustainable.

Next, on basic models

The ultimate goal is this: continue to build on top of existing innovation around LLMs and multimodal systems. The true value of AI will emerge when industry, academia and governments continue to invest in creating scalable, sector-specific applications that address real-world challenges. For tech firms, this means leveraging their deep AI expertise to develop innovative solutions in consumer technology, healthcare and enterprise platforms.

As India positions itself to become a global leader in AI, the focus must be on cultivating and enabling an ecosystem where these fundamental models can be effectively implemented. By building new applications on these models – whether to increase productivity, personalize user experiences or solve societal challenges – India Inc. can fully ensure that AI leads us the way forward. And this path will require continued investment in AI infrastructure, research and talent so that the technologies deliver long-term benefits and scale to new heights.

—The author, Srinivas Kollipara, is Managing Partner at Biome Venture Studio, Co-Founder of T-Hub and India Founding President of Global Entrepreneurship Network. Kollipara is also on the South Asia Advisory Board for the Dalai Lama Center for Ethics at MIT. The opinions expressed are personal.