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Davos meet: Karnataka to open ‘Centre for Internet of Ethical Things’

BENGALURU: Karnataka Chief Minister BS Yediyurappa on Monday committed to start a “Centre for Internet of Ethical Things” at the world economic forum (WEF) at Davos, Switzerland.

The chief minister who is attending the WEF meet at Davos made the announcement at the opening of the Karnataka Pavilion in the presence of WEF managing director Morat Sonmez. .

In his interaction with Karnataka delegates in the presence of the chief minister, Sonmez said investors are worried about the ethical practices in business and the governments have failed to realize the need for a ‘Centre for Internet of Ethical Things.” If the Karnataka government was serious about inviting investments, it should immediately set up the centre. Yediyurappa immediately accepted the suggestion. In a dramatic scene that followed, Sonmez suggested that they could sign an MoU on a plain paper if the CM was serious about the Centre, which they could formalise in the coming days. Sonmez himself took a plain paper and scribbled the agreement.

The WEF managing director said he was pleasantly surprised at the Karnataka government commitment and said the proposed centre will go a long way in the State’s history of industrial development. The centre, he added, will check any misuse of artificial intelligence, he said.

Later at the formal inauguration of the Karnataka pavilion chief minister said through this forum he promised government’s full support to the investor in ensuring ease of doing business.

“we are happy to be here and look forward to engage in deep conversations on various development agenda” he said adding that he is keen to partner on certain strategic research that can help Karnataka in becoming a major player on the global agenda.

Industries Minister Jagadish Shettar, Chief Secretary T .M Vijaybhasker, Additional Chief Secretary EV Ramana Reddy and Principal Secretary, Industries, Gaurav Gupta were present on the occasion.

Source: Economic Times