India Poised to Lead Global AI Revolution, balance necessary: Union Minister

CIOTechOutlook Team | Friday, 24 January 2025, 08:54 IST

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India is set to take on a global leadership role in artificial innovation, just as it has demonstrated its capabilities in IT services, Union Minister Ashwini Vaishnaw noted. The minister of electronics and information technology stated that essential regulations would be established for AI, ensuring a balance with innovation, according to sources.

Speaking about a unified India presence at Davos this year, the senior minister remarked, "Prime Minister Narendra Modi explicitly instructed us that the Indian pavilion should encompass all states at Davos this time."

"This has conveyed a strong message this time for a cohesive representation of the nation." Leaders from five to six various parties united on a single stage, he mentioned.

Vaishnaw mentioned that individuals worldwide now recognize how India can maintain a steady growth trajectory while many other nations fell significantly into debt. Regarding misinformation and distrust as the primary global threats highlighted by the World Economic Forum, along with the challenges introduced by AI technology, he stated that we certainly need to implement essential safeguards; however, the benefits offered by AI are significant and should be utilized responsibly.

"Just as India has demonstrated its prowess in IT services, there exists a comparable opportunity in AI." To achieve that, we must equip our young people.

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