Government Prioritizing AI Innovation Over Regulation, Says IT Secretary S. Krishnan
Innovation in AI Space: IT Secretary S. Krishnan stated that the government's current priority is innovation in AI, not regulation. New legislation will only be implemented when the need arises.
IT Secretary S. Krishnan said on Wednesday that Innovation is the current priority of the government for Artificial Intelligence (AI), and regulation or new legislation will only be implemented when the need arises. According to the IT Secretary, the government desires the application of AI to maximize public benefits. He stated clearly, "Right now, innovation, not regulation, is our priority. There is ample room for innovation in AI. But if regulation ever becomes necessary, the government will not back down."
He made this statement while launching the India AI Governance Guidelines Report. This report outlines the strategies and principles the government should adopt to govern AI. Krishnan said the report supports the government's position and that there is no urgency to enact legislation. "We are focusing on a human-centric approach, and I am pleased that these principles are included in the guidelines. This report will be very important for India and demonstrates our focus on innovation." He also stated that while promoting innovation, the government will take necessary steps to protect people from harm caused by AI.
The subcommittee suggested seven principles in AI governance: trust, people-first approach, innovation over restraint, fairness and equity, accountability, disclosure and explanation to users and regulators, and adherence to elements of safety, resilience, and sustainability.