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'AI regulations will ideally be light touch, though harm is concerning'
Mint Mumbai
|December 08, 2023
India, in trying to regulate artificial intelligence (AI), will take a light-touch approach to enable innovation, emulating the way the domestic information technology (IT) services industry was allowed to flourish in the 1990s, said S. Krishnan, secretary, ministry of electronics and IT (Meity) on Thursday.
Speaking at the Confederation of Indian Industry (CII)’s Global Economic Policy Forum here, Krishnan said that despite recognizing key challenges to be resolved in the evolution of AI in India, the Centre sees AI as a sector where "the positives outweigh the negatives."
He quoted Gita Gopinath, former managing director of IMF, as saying recently that AI can cause an increase in productivity and economic change similar to what was seen during the Industrial Revolution.
This story is from the December 08, 2023 edition of Mint Mumbai.
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