At the India Fintech Forum’s IFTA 2025 event, NSE MD & CEO Ashish Kumar Chauhan reflected on the rapid evolution of artificial intelligence, tracing its journey from fuzzy logic to the powerful systems we now describe as AI. He highlighted how technological progress, once slow and incremental, has entered a phase where breakthroughs arrive suddenly and at unprecedented speed, compressing centuries of change into mere decades. Comparing AI to electricity—a horizontal technology that reshaped every aspect of modern life—Chauhan emphasised that today’s AI wave is only the beginning. As newer technologies emerge even faster, he noted, they will accelerate wealth creation and redefine industries, just as electricity transformed communication, heating, cooking, and daily living. AI, he stressed,

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