Founder of Hotmail, renowned entrepreneur and innovator, Sabeer Bhatia was conferred with Jamia Millia Islamia (JMI)’s highest award, ‘Imtiaz-e-Jamia’.
He has been conferred the honour for his ‘outstanding contributions to public service and for technological innovation for the benefit of the society’. 50-year-old US-based, Mr Bhatia was presented with a plaque with the citation and a shawl by JMI Vice Chancellor, Prof Talat Ahmad at a function in the university campus amidst students from the Science and Technology faculties.
The citation read: ‘JMI confers Imtiaz-e-Jamia on Mr Sabeer Bhatia, entrepreneur, philanthropist and innovator for his outstanding contributions to public service throughout his life’.
Accepting the award, Mr Bhatia, who subsequently sold-off Hotmail to Microsoft in 1998, gave a stimulating talk on entrepreneurship and the future of information technology.
HIGHLIGHTS OF BHATIA’S SPEECH
— He asked the students to develop innovative ideas and be open to risks that come with entrepreneurship.
— With technology changing at a rapid pace, he said that, newer technology makes old technology obsolete.
— Neural networks are the new paradigm of technology, he said adding that, the Internet of Things (IoT) will bring in the next wave of revolution that will transform the society.
— Talking about the risk involved in entrepreneurship he said that all decision-making has to be based on logic and one should be prepared to face failure. There should be no shame in failing, he added.
Mr Bhatia said that Artificial Intelligence (AI) is future technology and it will bring sweeping changes in the lives of people and business as machines and the superior algorithm will outdo human intelligence. He said that though algorithms are good for machines, it is not how the human brain works or for that matter how a child’s brain develops. “Though algorithms may have more accurate analytical ability than human beings they lack the emotions that human beings can express,” he said.