SITHARAMAN STRESSES URGENT NEED FOR AI REGULATIONS, LAUNCHES 'AI FOR VIKSIT BHARAT' INITIATIVE

Finance Minister Nirmala Sitharaman urged swift regulations to match AI's rapid growth at the launch of NITI Aayog's 'AI for Viksit Bharat' initiative.

- TBG NETWORK

Finance Minister Nirmala Sitharaman on Monday highlighted the urgent need for regulations in Artificial Intelligence (AI) to keep pace with the rapid technological advancements, stressing that rules must evolve as fast as innovations.Addressing the launch of “AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth” and the Frontier Tech Repository organised by NITI Aayog in New Delhi, Sitharaman said AI has emerged as a “rapidly progressing, real-time and dynamic” technology."Artificial Intelligence is not static. It is a rapidly progressing, real-time and dynamic. Therefore, all of us will have to be conscious that we don’t sit