The China Mail - Uncut gems: Indian startups embrace AI despite job fears

USD -
AED 3.672502
AFN 62.494136
ALL 81.422638
AMD 375.987135
ANG 1.789731
AOA 917.000303
ARS 1393.49985
AUD 1.415308
AWG 1.80125
AZN 1.693234
BAM 1.651028
BBD 2.011625
BDT 122.04171
BGN 1.647646
BHD 0.376999
BIF 2961.355818
BMD 1
BND 1.26194
BOB 6.916346
BRL 5.221397
BSD 0.998767
BTN 90.537432
BWP 13.179633
BYN 2.846458
BYR 19600
BZD 2.008636
CAD 1.365402
CDF 2254.9998
CHF 0.771098
CLF 0.021951
CLP 866.750234
CNY 6.90875
CNH 6.885345
COP 3661.14
CRC 480.266768
CUC 1
CUP 26.5
CVE 93.080874
CZK 20.49685
DJF 177.855069
DKK 6.30851
DOP 61.63522
DZD 129.753001
EGP 47.020896
ERN 15
ETB 155.357731
EUR 0.84442
FJD 2.19545
FKP 0.733723
GBP 0.737685
GEL 2.669819
GGP 0.733723
GHS 10.981061
GIP 0.733723
GMD 73.498647
GNF 8767.116349
GTQ 7.659873
GYD 208.950814
HKD 7.81529
HNL 26.437888
HRK 6.361099
HTG 130.921677
HUF 319.206024
IDR 16893
ILS 3.09246
IMP 0.733723
INR 90.69975
IQD 1308.300762
IRR 42125.000158
ISK 122.439765
JEP 0.733723
JMD 155.864439
JOD 0.708965
JPY 153.486035
KES 128.950059
KGS 87.449604
KHR 4014.267322
KMF 416.999897
KPW 899.945579
KRW 1443.690215
KWD 0.306299
KYD 0.832355
KZT 490.203362
LAK 21396.432521
LBP 89436.051984
LKR 309.009868
LRD 185.75577
LSL 16.027655
LTL 2.95274
LVL 0.60489
LYD 6.296009
MAD 9.113403
MDL 16.998286
MGA 4372.124435
MKD 52.029343
MMK 2100.026497
MNT 3569.36106
MOP 8.041348
MRU 39.870837
MUR 45.999662
MVR 15.404956
MWK 1731.881305
MXN 17.13365
MYR 3.903699
MZN 63.901883
NAD 16.027655
NGN 1345.449936
NIO 36.756574
NOK 9.547325
NPR 144.867671
NZD 1.667765
OMR 0.384495
PAB 0.998746
PEN 3.343252
PGK 4.290237
PHP 57.821985
PKR 279.303536
PLN 3.56334
PYG 6528.162356
QAR 3.640086
RON 4.302298
RSD 99.108015
RUB 76.355184
RWF 1458.697396
SAR 3.750274
SBD 8.05166
SCR 14.091262
SDG 601.499248
SEK 8.98086
SGD 1.26365
SHP 0.750259
SLE 24.450428
SLL 20969.49935
SOS 569.834242
SRD 37.701037
STD 20697.981008
STN 20.68296
SVC 8.738889
SYP 11059.574895
SZL 16.022895
THB 31.275502
TJS 9.447636
TMT 3.51
TND 2.884735
TOP 2.40776
TRY 43.74635
TTD 6.772807
TWD 31.398986
TZS 2595.903009
UAH 43.219113
UGX 3530.350291
UYU 38.805202
UZS 12175.520644
VES 395.87194
VND 25970
VUV 119.088578
WST 2.704899
XAF 553.7605
XAG 0.013261
XAU 0.000203
XCD 2.70255
XCG 1.799948
XDR 0.6887
XOF 553.755825
XPF 100.676183
YER 238.374981
ZAR 16.01103
ZMK 9001.202909
ZMW 18.47176
ZWL 321.999592
  • RBGPF

    0.1000

    82.5

    +0.12%

  • RYCEF

    0.4500

    17.55

    +2.56%

  • CMSC

    0.1100

    23.86

    +0.46%

  • BCE

    0.0800

    25.79

    +0.31%

  • RELX

    -0.6100

    30.45

    -2%

  • GSK

    1.9400

    60.87

    +3.19%

  • RIO

    -1.1900

    96.88

    -1.23%

  • NGG

    0.0200

    92.42

    +0.02%

  • VOD

    0.0900

    15.66

    +0.57%

  • AZN

    3.9300

    209.48

    +1.88%

  • BTI

    -0.5900

    58.91

    -1%

  • CMSD

    0.0800

    23.72

    +0.34%

  • BCC

    -0.4300

    86.07

    -0.5%

  • BP

    -0.1000

    37.56

    -0.27%

  • JRI

    -0.0200

    13.22

    -0.15%

Uncut gems: Indian startups embrace AI despite job fears
Uncut gems: Indian startups embrace AI despite job fears / Photo: © AFP

Uncut gems: Indian startups embrace AI despite job fears

Glinting under the exhibition centre lights, the gold brooch studded with gemstones on the startup founder's lapel was handmade by Indian artisans -- but artificial intelligence dreamt up its elaborate design.

Text size:

The brooch, in the shape of Hindu deity Lord Krishna, is an emblem of both the fast-developing power of AI technology and hopes it will drive innovation in India's youthful economy.

Siddharth Soni, 23, showed AFP a box of AI-designed jewellery, mostly in classical Indian style, made by the company Idea Jewellery which he co-founded in 2023.

"Jewellery like this used to take around six months, seven months" to manufacture using traditional methods, said Soni, at a global AI summit in New Delhi.

Now, using a 3D-printed mould based on an AI blueprint, and streamlining the process in other ways, "I can make this piece in one week" with a few more needed for hallmarking, he said.

Tech bosses and world leaders are gathered in the Indian capital this week to discuss the opportunities and challenges presented by AI, including the threat of mass redundancies and loss of human expertise.

Soni's startup is a new direction for his decades-old family jewellery manufacturing business in the city of Hyderabad.

He said his father was "excited" about the new venture and "wants to take it all over the world" so retailers in places like the United States can offer custom AI-designed Indian jewellery.

At the same time, his father and grandfather, both in the industry for around 30 years, are conflicted because they believe "artisans should not lose their imagination", Soni said.

"We're losing the form of art, basically, by using AI," but even so, "we have to move forward."

- 'Very uncomfortable' -

Prime Minister Narendra Modi says the AI summit "shows the capability of our country's youth" as "further proof that our country is progressing rapidly" in technology.

India's government is expecting $200 billion in AI investment in the next two years, with plans to build large-scale data centres and nuclear power plants to run them.

Idea Jewellery, which does not receive government support but would like to, is in talks with 20 retailers including well-known brands in major cities who are already clients of the long-running family business.

On a tool powered by a fine-tuned version of Google's Gemini, customers can specify the type of metal, precious stones and price range of their jewellery, and describe their desired style with a simple text prompt.

The tool shows examples of the piece and can then produce a detailed 3D model to be turned by hand into real jewellery.

Some of the workers, who have spent years mastering their craft and usually spend weeks designing a piece of jewellery, are "very uncomfortable with it" and fear their jobs could eventually disappear, Soni admitted.

However they are still making the AI-designed pieces, "because it's their livelihood".

- New fields -

The AI boom has brought huge profits for tech giants and sprouted many startups worldwide, but the bubble could pop if the frenzied excitement loses momentum.

For now, governments and companies are bullish that AI innovation will benefit society, from helping teachers educate large populations to better personalising medical care.

Peush Bery's startup, Xtreme Gen AI, sells a voice chat tool that can answer and make calls for Indian businesses in a dozen local languages.

It's a competitive field, but the company hopes to carve out a niche by offering smaller businesses a customised tool that they don't need technical know-how to implement.

Different accents and India's noisy streets can make accuracy a challenge. But as the technology improves and becomes more affordable, it could threaten the country's huge call centre industry.

Bery remains optimistic. "New jobs come up, new fields come up," such as working with data to improve the AI models, he said.

Another startup, Soil Doctor, has offered AI-powered soil testing to 500 farms across 10 Indian states, working with NGOs to run programmes with rural women and youth.

The government could help the company by granting access to historical agricultural data that it currently does not have, said Soil Doctor's chief of staff Vartika Gupta.

AI technology can "benefit farmers big time", helping them save money by buying fertiliser better targeted to their soil type, Gupta said.

"Season after season, at a much lower input cost, they will be able to achieve an increased yield."

Q.Moore--ThChM