India Has No Plans To Regulate AI Growth: IT Ministry

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India Has No Plans To Regulate AI Growth: IT Ministry


Last Updated: April 06, 2023, 15:36 IST

Ai Chatbots have gotten a well-liked software for the customers

AI has turn into the discuss of the business in 2023 however the nation does not need to regulate its potential.

The authorities just isn’t contemplating bringing a regulation or regulating the expansion of synthetic intelligence (AI) within the nation, as generative AI-based chatbots turn into a rage throughout the business.

In a reply to a query in Lok Sabha, the Ministry of Electronics and Information Technology (MeitY) stated it sees AI as a big and strategic space for the nation and expertise sector.

“AI could have a kinetic impact for the expansion of entrepreneurship and enterprise and the federal government is taking all crucial steps in insurance policies and infrastructure to develop a strong AI sector within the nation,” said the Ministry.

The government published the National Strategy for Artificial Intelligence in June 2018 and proposes to develop an ecosystem for the research and adoption of AI.

MeitY said it has established Centre of Excellence in various emerging technologies including AI to explore opportunities in these specialised fields.

“These centres provide start-ups with premium plug-and-play co-working spaces and access to the ecosystem,” it added in its reply.

India can also be a founding member of Global Partnership on Artificial Intelligence (GPAI).

In an earlier interview with IANS, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, had stated that the federal government goals to make India a world powerhouse of AI which doesn’t simply cease on integrating overseas chatbots however constructing next-generation AI-based improvements to empower billions of residents.

“AI will definitely rework the digital financial system and develop the enterprise financial system within the nation. AI is a ‘kinetic enabler’ of the digital financial system and we need to be the worldwide chief in AI,” the Minister had told IANS.

NITI Aayog has also published a series of papers on the subject of ‘Responsible AI for All’.

More than 1,900 AI-focused startups are providing innovative solutions in the country, primarily in the areas of conversational AI, NLP, video analytics, disease detection, fraud prevention and deep fakes detection.

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(This story has not been edited by News18 workers and is printed from a syndicated information company feed)



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