As the global AI race continues to accelerate, India is finding its niche in the market by leveraging its vast workforce and relatively low labor costs to train robots. Companies like Qanat Consulting Services are recruiting individuals to record first-person videos of themselves performing routine tasks, which are then used to train robots. These videos are generated for clients in the US and China, who use them to develop and refine their robotic systems. The market for robots is expected to grow rapidly, with global brokerages forecasting the humanoid robot market to reach $200 billion in less than a decade and surpass $5 trillion by 2050. However, as the demand for data collection soars, contract prices for data collectors are falling due to increasing competition. To remain relevant, Indian companies will need to move up the value chain and focus on higher-value services such as data annotation and operating system development. Startups like Neocambrian AI and Humyn Labs are already making strides in this direction, with Neocambrian AI launching a robotics data factory and Humyn Labs focusing on data conversion and building a diversified dataset. Experts believe that India can play a significant role in developing the operating systems for robots, similar to its experience in the information technology sector. By evolving from a collector to a converter of data, India can maintain its advantage in the AI market and become a major player in the global AI ecosystem.

Source: CNBC