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AI or die; India on right track: top AI expert at WEF
The Economic Times· 2026-01-19 05:43
Core Message - The core message emphasizes that companies must embrace AI to survive and thrive in the current business landscape, as articulated in the thesis 'AI or Die' by SandboxAQ CEO Jack Hidary [2][11]. Industry Insights - The present time is identified as a major inflection point across all industries, where AI is not merely an enhancement but essential for business survival [3][11]. - AI significantly accelerates drug discovery processes, reducing timelines from traditional 15 years to much shorter periods for diseases like cancer and Alzheimer's [3][11]. - In the energy sector, companies utilizing AI-powered catalysts for converting oil and gas into new energy products are expected to succeed [3][11]. Cybersecurity Concerns - Cybersecurity is highlighted as a critical risk for India, with implications for national security at both federal and state levels, especially given the size of Indian states [4][5][11]. - The need for immediate cybersecurity measures is underscored for Indian tech giants that manage vast amounts of customer data and have a global presence [11]. Economic Impact - Approximately 80% of India's economy is rooted in the physical world, including sectors like railroads, energy, telecom, and infrastructure, which are directly impacted by SandboxAQ's AI solutions [6][10][11]. - There is a potential paradigm shift for Indian companies to transition from being intellectual property consumers to creators, particularly in the pharmaceutical sector [7][11]. Focus Areas - The life sciences sector is identified as a key target for transformation through AI technologies [8][11]. - SandboxAQ aims to assist in the transformation of industries by collaborating with both the private sector and government entities [10][11].