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.
"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".
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".
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