Bengaluru, 30th October 2023 : T A Pai Management Institute (TAPMI), in collaboration with Southampton Business School, UK, kickstarts two-day Global Leadership Conference 2023 at Manipal Academy of Higher Education (MAHE), Bangalore campus today. Focused on the theme “AI Powered Leadership: Navigating the Future of Business and Society”, the event saw participation from business leaders of corporate organisations. Dr. Ekroop Caur, Secretary, IT, BT and S&T, Government of Karnataka inaugurated the conference and delivered a keynote address on “The Impact of Artificial Intelligence on Governance”.

Talking about the importance of using AI for the benefit of the society at large, Dr. Ekroop Caur, said, “AI has become an integral part of our daily lives and the business world. It is reshaping industries, redefining leadership paradigms, and influencing society in profound ways. As we embrace AI in leadership, we must confront critical societal impacts. We must ensure that technology we harness aligns with our values, and promotes fairness, transparency, and accountability. It is also imperative for us to prepare our future talent pool for this technology and integrate it at an institute level. It’s thrilling to see B-schools like TAPMI embracing it at an early stage and initiating proactive conversations around adoption of AI.”

Prof Madhu Veeraraghavan, MAHE Pro VC, highlighted the need for a strong regulatory and ethical framework in harnessing AI for Social good. He said, “In the age of AI-powered future leadership, we must consider its societal impact and foster collaborations. Our world operates as a vast game of information and data, and there is a need for a strong regulatory and ethical framework to harness AI. With 8 billion carriers of natural intelligence, our approach should be humane, human-centric, and in alignment with the principles of Mother Nature.”

During the conference, TAPMI and Southampton Business School announced their partnership and signed a Memorandum of Agreement (MoA) for a unique program where TAPMI BBA (Honors) students will have the opportunity to pursue a one-year MSc at the University of Southampton and receive the MSc degree from SBS-UoS.

Prof Aditya, Dean TAPMI Bengaluru highlighted that the partnership with SBS will create an opportunity for TAPMI BBA ( Hons) Students for dual certification ( BBA from TAPMI and MS from SBS) in a 4 year time span.

Prof Stephan Onggo from University of Southampton Business Schoolsaid “ This agreement between TAPMI and SBS is the beginning of a bigger and stronger collaboration between the two institutions. I am very happy that we have reached this important milestone in our relationship. This stronger relationship benefits the students from both institutions and brings the two countries closer together.”

On the first day of the conference, TAPMI hosted various panel discussions on new-age technology, where experts from across industries deliberated on adoption of ONDC, generative AI, prepping future workforce for new-age tech and use of AI in various industries.

Mr Shireesh Jain from Chief Business Officer from ONDC elaborated that the network democratized E commerce opportunity, empowering millions of small retailers and service providers to generate incremental sales opportunities. The design of the network will connect buyers and sellers with an enabling ecosystem all at a very low transaction cost.

Speaking about the future of AI, Mr. Amit Nahat, Director of Content, Tata Digital said, “Gen AI holds tremendous promise in education, particularly in the early discovery phase. It’s a powerful tool for upskilling and offers a unique perspective on product design. However, it’s essential to refine the areas where elements were like AI hallucinations. It facilitates a personalized teaching experience, acting as a virtual assistant when students encounter challenges, allowing for personalized learning plans. But, as we move forward, we must be mindful of the ethical concerns surrounding the extent to which we may infringe on human intelligence. Gen AI is incredibly efficient, yet it’s crucial to remember that it’s not a one-size-fits-all solution.”

The discussions elaborated on the pivotal and disruptive nature of AI and how it could fundamentally change business, automation and decision making.