India is among the
largest data producers in the world and will play a key role in the governance and
regulation of Artificial Intelligence (AI) as Asia's third-largest economy transitions from a consumer to a producer market, by Ivana Bartoletti.
India is one of the world's major data producers and will play a critical role in the governance and regulation of Artificial Intelligence (AI) as Asia's third-largest economy changes from a consumer to a producer market, as per Ivana Bartoletti.
“Because India is the largest country in the world (in terms of population), it will be generating demand that is going to create growth and India will be also producing a lot of data," said Ivana Bartoletti, global chief privacy officer, Wipro. "Hence, that trust element becomes absolutely important. Second, India will be serving global markets and that means there is more alignment on the discussion (governance and responsible AI) that is happening worldwide.”
According to her, businesses will have to distinguish between the scale and the hype as they operate in the real world where technology risks have become more apparent, as per economic times.
“Issues like governance have become more pressing…Businesses have to identify the problem and then identify the technology that can support the solution, not vice versa,” Bartoletti said.
The discussion takes place in the aftermath of the boardroom coup that occurred at Microsoft-backed OpenAI during the last two weeks. The sacking and swift reinstatement of its co-founder Sam Altman following a change in the company's Board of Directors highlights concerns of
responsible AI and governance.
“AI is statistics on steroids...and AI is a lot of stuff. What has changed in the world are
LLMs (large language models), which have also been around for a long time, but the difference today is that they are available to everybody,” she said. “The general purpose AI is different from AI, which was used for narrow tasks. This has changed the landscape.”