India Opts Against AI Regulation

India does not plan to regulate the growth of AI within the South Asian market, identifying the sector as a "significant and strategic" area for the nation. This stance arrives at a time when numerous voices are calling for increased scrutiny of the rapidly advancing technology. From a report: The Ministry of Electronics and IT said in a long written response on Wednesday that it has assessed the ethical concerns and risks of bias and discrimination associated with AI. The ministry said it's implementing necessary policies and infrastructure measures to cultivate a robust AI sector in the country, but does not intend to introduce legislation to regulate its growth. The expansion of AI will have a "kinetic effect" on entrepreneurship and business development in India, the ministry asserted. "AI is a kinetic enabler of the digital economy and innovation ecosystem. Government is harnessing the potential of AI to provide personalized and interactive citizen-centric services through digital public platforms."

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