A new report by McKinsey is giving VCs all the more reason to celebrate, which says that generative AI is set to add up to US$4.4 trillion of value to the global economy annually. The report also says that half of all work will be automated between 2030 and 2060. In August, Tech Mahindra launched Project Indus to improve communication across many Indian languages, starting with Hindi. Last year, the Indian government also brought out Project Bhashini, in partnership with Microsoft, establishing language datasets and AI applications with crowdsourcing initiatives. According to a report by Sortlist Data Hub, a market research company, 62% of SMEs are more likely to work with a web agency that uses AI. While it’s imperative that Indian MSMEs remain in the global AI LLM business loop and leverage this technology, it’s advisable to go in with all the knowledge. Remember, when cloud technology became all the rage, many MSMEs rushed in and tripped over?