‘Tech is improving the prospects of some nations at the expense of others’

  • ‘We know that a huge advantage awaits us with Artificial Intelligence and quantum computing and with technology poised to help us find answers to some of humanity’s biggest challenges,’ said British Prime Minister Boris Johnson

Elizabeth Roche
Updated15 Dec 2021, 12:10 AM IST
External affairs minister S Jaishankar.
External affairs minister S Jaishankar.(HT_PRINT)

NEW DELHI: Technology has become a key yardstick to measure a nation’s standing and democracies in particular face challenges in this regard, foreign minister S. Jaishankar said on Tuesday.

“Technology has always been a double-edged sword. It has opened up new vistas of progress just as it has helped create greater vulnerabilities and threats. A recurring theme in global governance has been to find the right balance,” Jaishankar said in a virtual address at the Global Technology Summit 2021.

The summit, jointly organized by Carnegie India and the foreign ministry, has been an annual event since 2016.

Technology is proving to be a determinant in shaping the fate of nations, Jaishankar said, often improving the prospects of some at the expense of others.

“In a world that is more globalized and technology driven, mastering of key domains has now become an expression of power and influence. Indeed, technology today is a metric to measure a nation’s standing like never before,” he said.

The impact of technology on societies was no less “transformational”, the minister said, pointing to the fact that it had become “a key governance tool that can define the quality of delivery”.

“It is equally an extraordinarily effective communication medium that can change the very nature of politics. Democracies, in particular, are facing some unique challenges stemming from technology,” he said, though he did not elaborate what the challenges were.

In his address via video link, British Prime Minister Boris Johnson described the UK and India as “natural partners” working together on many joint initiatives, including 5G and telecom, besides startups that would transform lives and promote the principles of freedom, openness and peace.

India and the UK will continue to deepen their bonds on technology and other areas as they have set out in the 2030 India-UK roadmap, he said.

The 2030 Roadmap for stronger UK-India strategic ties was signed by Johnson and Prime Minister Narendra Modi during a virtual summit in May this year.

“We know that a huge advantage awaits us with artificial intelligence and quantum computing, and with technology poised to help us find answers to some of humanity’s biggest challenges,” Johnson said. “That’s why I was so pleased earlier this year when my friend Prime Minister Narendra Modi and I agreed that our two countries should work closer than ever before on technology and the roles that will help us shape the coming age,” he said.

Hostile forces use technology to gain the upper hand, UK foreign secretary Liz Truss said at the event via video link.

“That’s why freedom-loving democracies need to step up to shape global technologies and champion our interest,” she said. “Every time I visit India or meet Indian businesses, I am reminded of what natural partners we are. We are open to the world as outward looking nations, which is why the UK is India’s second largest investment destination,” she said.

PTI contributed to this story.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.MoreLess
First Published:15 Dec 2021, 12:10 AM IST
HomeNewsIndia‘Tech is improving the prospects of some nations at the expense of others’

Most Active Stocks

Bharat Electronics

324.00
03:59 PM | 5 JUL 2024
6.65 (2.1%)

Oil & Natural Gas Corporation

288.20
03:59 PM | 5 JUL 2024
11.15 (4.02%)

Tata Steel

174.75
03:58 PM | 5 JUL 2024
-1.5 (-0.85%)

HDFC Bank

1,648.10
03:55 PM | 5 JUL 2024
-78.5 (-4.55%)
More Active Stocks

Market Snapshot

  • Top Gainers
  • Top Losers
  • 52 Week High

Raymond

3,226.70
03:55 PM | 5 JUL 2024
284.8 (9.68%)

B E M L

5,066.20
03:54 PM | 5 JUL 2024
412.35 (8.86%)

HBL Power Systems

569.80
03:59 PM | 5 JUL 2024
39.9 (7.53%)

The New India Assurance Company

273.75
03:56 PM | 5 JUL 2024
17.85 (6.98%)
More from Top Gainers

Recommended For You

    More Recommendations

    Gold Prices

    • 24K
    • 22K
    Bangalore
    74,093.00-43.00
    Chennai
    74,747.00901.00
    Delhi
    74,964.001,335.00
    Kolkata
    75,037.001,481.00

    Fuel Price

    • Petrol
    • Diesel
    Bangalore
    102.86/L0.00
    Chennai
    100.75/L0.00
    Kolkata
    104.95/L0.00
    New Delhi
    94.72/L0.00
    OPEN IN APP
    HomeMarketsPremiumInstant LoanMint Shorts