Artificial Intelligence and its Global Impact

Prime Minister  highlighted the transformative power of Artificial Intelligence (AI) in reshaping politics, the economy, security, and society on a global scale. He called for global collaboration in AI development, ensuring these technologies are free from biases and accessible to all.

AI Regulation and Innovation

• PM emphasized that AI regulations should not only mitigate risks but also foster innovation and advance sustainability goals.
• He proposed a collaborative approach to AI governance to reflect shared global values and build trust among stakeholders.
• The regulation should focus on promoting innovation and deploying AI for global good, especially benefiting the Global South.

AI Action Summit and Open Source Development

• India co-chaired the AI Action Summit in Paris with France, where Modi proposed hosting the next summit in India.
• The summit emphasized the need for open-source AI systems to enhance trust and transparency, and the development of quality datasets.

India's AI Initiatives

• The INDIAai Mission was launched with a budget of ₹10,372 crore to procure GPUs critical for AI model development.
• Plans are underway to support companies in building a sovereign foundation model within ten months.

AI's Impact on Employment and Sustainability

• PM addressed concerns about AI disrupting jobs, arguing that technology transforms work rather than eliminating it.
• He stressed the need for skilling and reskilling for an AI-driven future and highlighted the importance of sustainable, green energy.

Expert Opinions

• Pawan Prabhat noted AI's potential to transform jobs, emphasizing the importance of using AI for public good.
• B Ravindran supported PM's view on AI augmenting human capabilities and the significance of impactful AI governance.