Technologies must be brought with purpose,transparency:IBM CEO

Image
Press Trust of India Mumbai
Last Updated : Feb 13 2018 | 9:10 PM IST
IBM CEO Ginni Rometty today batted for "responsible stewardship" saying organisations and governments need to ensure that principles of data security and privacy are upheld as new technologies like cloud and artificial intelligence evolve at a fast pace and influence lives of citizens globally.
Rometty, speaking at the IBM think Forum here, said the evolution of these new technologies presents an "inflexion point" for enterprises, technology and the overall society.
"We have to usher these technologies in with purpose and transparency. Purpose meaning artificial intelligence (AI) is here to augment what you and I do, not replace us," she said emphasising that enterprises need to share with customers information like the use of AI and the data collected.
She said the world is entering an era where incumbent companies can now become disruptors by leveraging technology platforms, infusing in processes and letting employees learn from data.
"One of the topics I spoke to PM Modi about... all these wonderful data, it will be the opportunity of our life, but it could also be the issue of our times. All the data is going to put a premium on what I call 'responsible stewardship' for society to bring those new technologies into this world really safely," she said.
She added that while a certain number of jobs may be displaced given the rapid evolution in technology, but "100 per cent of jobs are going to change".
"...we all have to live by a set of data principles. Who do you think should own the data? Should you have to give up your data to get something or do you own your data? We believe you own your data things like ownership, privacy, security, no government should access it inappropriately," she said.
Rometty said forming these data principles is especially important for a country like India "because if data does become a natural resource here, this is the time to put in place these kind of principles and that is so everyone benefits from the wealth of data, not just one or two companies, (but) everyone".
She also spoke of IBM's partnership with two ITIs in India. "...we are doing this with the government. It's a 2- year degree... around IT, networking, cloud computing. We are launching it with two of the ITIs in Bangalore and Hyderabad," she said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 13 2018 | 9:10 PM IST

Next Story