Denemek ALTIN - Özgür
AI regulation report: Broadly welcome but not entirely
Mint Mumbai
|January 15, 2025
The report bats for light-touch supervision but we need a more pragmatic approach in India's context
Last week, the ministry of information technology (MeITy) released a report on the Regulatory Framework for AI in India. While the recommendations themselves are largely non-controversial, the arguments on which they are based suggest an approach to regulation that will hold our artificial intelligence (AI) industry back from achieving all it can.
In the first place, the report relies too heavily on regulatory principles developed by countries of the Global North. While there is no harm studying these approaches, we should give some thought to how they will work in the Indian context before imitating them blindly.
Countries make risk-reward trade-offs that are appropriate to their advanced stage of development. To the Global North, AI is nothing more than a tool that improves the efficiency of an already well-functioning society. If the risk AI poses is too high, they can afford to forgo some of the benefits it provides.
For India, on the other hand, AI presents a unique opportunity to extend the progress we have achieved to those who still remain excluded from its benefits. For us, AI is not a luxury. It is a necessity. If this is the only way we can quickly reach those sections of our society that are overlooked and underserved, we need to use it—even if that means taking a more aggressive approach to risk than the Global North considers acceptable.
Bu hikaye Mint Mumbai dergisinin January 15, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Mint Mumbai'den DAHA FAZLA HİKAYE
Mint Mumbai
TCS, Wipro US patent suits worsen IT's woes
Two of the country’s largest information technology (IT) services companies—Tata Consultancy Services Ltd and Wipro Ltd—faced fresh patent violations in the last 45 days, signalling challenges to their expansion of service offerings.
2 mins
November 25, 2025
Mint Mumbai
AI bond flood adds to market pressure
Wall Street is straining to absorb a flood of new bonds from tech companies funding their artificial intelligence investments, adding to the recent pressure in markets.
4 mins
November 25, 2025
Mint Mumbai
Auto parts firms spot hybrid gold
Auto component makers are licking their lips at the ascent of hybrids, spying a new growth engine at a time when electric vehicle (EV) sales have not measured up.
2 mins
November 25, 2025
Mint Mumbai
Diwali is past, but shopping season is roaring ahead
India's consumption engine appears to be humming well past the Diwali rush, with digital payments showing none of the usual post-festival fatigue.
3 mins
November 25, 2025
Mint Mumbai
HOW TO SPOT A WINNING STARTUP IPO
As a flood of new listings burns small investors, we investigate the overlooked metrics
9 mins
November 25, 2025
Mint Mumbai
WHY INDIA HAS FAILED TO CURB AIR POLLUTION
Despite massive funding, India has failed to make meaningful progress in combating air pollution. Beijing's dramatic turnaround over the past decade offers crucial lessons.
4 mins
November 25, 2025
Mint Mumbai
Micro biz has a harder time securing loan to start up
Bank lending to first-time micro-entrepreneurs has plummeted, signalling tighter credit conditions for small businesses already struggling with cash flow pressures and trade turmoil. In the first six months of the fiscal year, a key central scheme to support such lending managed to sanction just about 12% of what was sanctioned in the entire previous fiscal year, official data showed.
2 mins
November 25, 2025
Mint Mumbai
Inverted duty fix is next on GST agenda
GST Council to expand work on fixing anomaly at next meet
2 mins
November 25, 2025
Mint Mumbai
Why was a fresh approach to QCOs needed?
The government is now withdrawing the quality control orders (QCOs) issued earlier across sectors. Mint examines the original intent, the reasons for the policy reversal, and the expected national benefits from this move.
2 mins
November 25, 2025
Mint Mumbai
Climate: Hope lives
Climate change could be described as a \"tragedy of the commons.\" That is, one where a shared resource, such as the planet's atmosphere, gets degraded because everyone has an incentive to put immediate self-interest above what's good for all.
1 min
November 25, 2025
Listen
Translate
Change font size

