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Talk on emerging tech and Indian diaspora business links

GOPIO highlighted its efforts to support small and medium businesses within the diaspora by creating networking opportunities and fostering connections with Indian enterprises.

GOPIO and UBS officials after the talk by Prof. Prabhu Guptara / GOPIO

The GOPIO Chamber of Commerce and Industry (GCCI) and UBS co-hosted a talk by UK-based academic and business advisor Prof. Prabhu Guptara at UBS headquarters. 

Titled “Technology and the Future: Implications, Risks, and Opportunities,” the event focused on disruptive technologies like AI, IoT, Robotics, and Quantum Computing.

Prof. Guptara, executive chairman of Salt Desert Media and former UBS advisor, discussed how emerging technologies shape society. 

Prof. Guptara highlighted the rapid growth of quantum computing, predicting its transformative impact on industries and the potential for unprecedented abundance. However, he cautioned about challenges like inequality, environmental crises, and systemic imbalances.

Prof. Prabhu Guptara speaking at UBS in New York / GOPIO

He noted that quantum computing is advancing faster than any previous technology, already revolutionizing fields like manufacturing. This could lead to a future where material goods become so abundant they lose value. Prof. Guptara emphasized the need to adapt social, political, and economic systems to manage this prosperity sustainably.

The program began with a welcome from UBS senior vice president Ranjeet Guptara. 

GOPIO chairman Dr. Thomas Abraham highlighted the organization’s efforts to support small and medium businesses within the diaspora by creating networking opportunities and fostering connections with Indian enterprises. 

The event also featured GOPIO global ambassador Prakash Shah and representatives from the Connecticut, Manhattan, and New Jersey chapters.

Addressing technology’s dual role as both a solution and a magnifier of problems, Prof. Guptara called for rethinking global economic and political systems. He emphasized the need to move away from assumptions that prioritize monetary value and transactional relationships to ensure technology contributes more positively.

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