Nandan Nilekani Explains Why AI-Proof Economies Need Millions Of Small Businesses

At the Global Fintech Fest 2026, Nandan Nilekani explains why technology must be designed to create a more level playing field for small businesses. He argues that AI agents, tokenisation and digital marketplaces could give smaller firms access to capabilities once available mainly to large corporations, including analysis, financing and market access. Nilekani also addresses concerns around AI and jobs, suggesting that millions of small businesses could play a crucial role in future employment. Drawing on India’s digital public infrastructure approach, he stresses the importance of building technology that reaches the masses. He says empowering entrepreneurs could help create a more inclusive and AI-resilient economy.