Regulations important, but should not stifle innovation: SAP Lab's Gangadharan
Elon Musk, Mark Zuckerberg, Satya Nadella, and Sundar Pichai, have advocated for a unified global regulatory framework. On 1 November, 28 nations, including the US, the UK, China, and India, took the first step towards establishing common regulatory guidelines on AI. At the press briefing on 3 November, Rajeev Chandrasekhar, union minister of state for IT, said India intended to advance the global dialogue on AI at the Global Partnership on Artificial Intelligence Summit in Delhi in 2023.
“At the Summit, we spoke about the need to have safe, trusted AI platforms, and distinguishing them from unsafe, untrusted platforms. We proposed that AI should not be demonized—in India, and around the world, it represents a massive opportunity. So, it must not be demonized and regulated out of existence and innovation.
We spoke about who will determine safety and trust. We also discussed four harms coming out of AI, including workforce disruption, privacy impact on individuals, harms that are non-criminal, and weaponization and criminalization of AI," Chandrasekhar said. Gangadharan added that India is contextually important to global development “of algorithms, compute, data and business process knowledge, and work is happening in each sub-field.
It is the GCC capital of the world and 40% of global firms having captive centres have hubs in India. India is number one in AI talent, and AI skills; in research on AI, India is number five. This shows a great amount of activity happening here, particularly in generative AI."Milestone Alert!
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