Ajay Banga

But

But it could go up or down, but not by 800 million.

So the point is there's both a challenge and an opportunity there.

If those people have productive jobs, productive contribution to society, hope and dignity, then you get great markets for our future.

Products, technology, intellectual property, you know, everything else.

But if you don't, then you have instability and illegal migration.

We're focused on changing that trajectory towards the positive by focusing on five sectors, most of which are actually not reliant either on global trade to be the most important thing, or for that matter, directly impacted by the kind of AI we are discussing, which is LLM and generational AI.

In fact, the sectors we are talking about, primary health care,

Agriculture is a business for small farmers.

These are things that can be benefited by what I call small AI, which is AI delivered at the edge with local compute.

So an illiterate farmer who is able to use a phone to point at the disease in the back of a plant and not know what the name is because she can't pronounce it.

But it can tell her this insecticide from your cooperative for 25 rupees in Uttar Pradesh is your answer.

That's useful AI.

It's true of health care.

It's true of education and so on.

So the applications of this kind of AI will actually be great answers for the emerging markets.

And that's the way to see this from the other lens as compared to only the lens of a threat.