

Metaverse
Don’t demonize AI, says minister after UK summit – Crypto News
India will build upon the landmark Bletchley Declaration on artificial intelligence it signed along with 28 nations this week at its own upcoming AI summit next month.
India was among 28 nations including the US, UK and China that signed the declaration at the recently concluded UK AI Safety Summit 2023.
Union minister of state for IT Rajeev Chandrasekhar said India will tap into the declaration at its upcoming Global Partnership on Artificial Intelligence (GPAI) Summit to be held in December.
The GPAI Summit, said Chandrasekhar, will build on key points for global regulation of AI that he presented before participants at the UK AI Safety Summit.
“The conversations over two days (at the UK summit) ended with the Bletchley Declaration. It reinforces the need to address the risks and safety concerns around AI. On behalf of India, we spoke about the need to have safe, trusted AI platforms, and distinguishing them from unsafe, untrusted platforms. We proposed that AI should not be demonized—in India, as around the world, it represents a massive opportunity. Therefore, it should not be demonized and regulated out of existence and innovation. We also spoke about who will determine safety and trust. We also discussed four harms that come out of AI—this includes workforce disruption, privacy impact on individuals, harms that are non-criminal, and finally, weaponization and criminalization of AI,” Chandrasekhar said.
The Bletchley Declaration comes after US President Joe Biden signed a landmark executive order to regulate the use and development of AI models. It also comes as corporate leaders as well as activists lend their voice to demands for regulating the development of AI.
In an interview with Mint on 28 August, Brad Smith, president of Microsoft, underlined the increasing global importance of a common regulatory framework.
On 28 September, Nick Clegg, president of global affairs at Meta, also underlined that a common globally regulatory framework on AI is “not only possible, but also much desired.”
Chandrasekhar said, “Safety and trust will require a broad global framework on how it would be determined. These are the broad terms on what AI should be regulated. The final point for consideration is for countries to have a global coordinated response on bad actors, who may create unsafe AI models that exist on the dark web, and can be misused.”
These issues, the minister said, will be further discussed at the upcoming GPAI 2023 Summit, slated to be held in Delhi in December.
“The GPAI Summit will discuss the points we posted at the UK Summit. The various regulations that are rising globally, such as the EU AI Act, G7 Code of Conduct for AI, US President Joe Biden’s executive order for AI—these, along with our Digital India Act and our overall approach to regulating emerging technology will find a presence at the GPAI Summit,” he said.
However, Chandrasekhar said that the UK declaration is only a start. “This declaration offers an agreement at an overview level on AI. We will go deeper going forward—we’ve invited all of the participating nations in the UK to attend the GPAI 2023 Summit, and a following summit in Korea in early this year will build on it,” he said.
That said, he also agreed that work on AI is likely to happen faster. “So far, regulation has always followed innovation. It’s important that we get it right—nobody can give a crystal ball future prediction of AI, but given the nature of the technology, progress of regulation and innovation on AI should happen much faster than other areas of technologies, over the next two years,” Chandrasekhar added.
Milestone Alert!Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more.
Download The Mint News App to get Daily Market Updates.
Updated: 03 Nov 2023, 10:39 PM IST
-
Blockchain1 week ago
The CFO and Treasurer’s Guide to Digital Assets – Crypto News
-
Cryptocurrency3 days ago
Pi Community Highlights Pi Coin’s Slow Growth As ‘Strategic’ – Crypto News
-
Cryptocurrency7 days ago
Solana Price Upside Prevails After Securing Key Support, $127 In Focus – Crypto News
-
Business1 week ago
Ethereum Whales Sell On Rise, Will This ETH Price Bounce Sustain? – Crypto News
-
Blockchain7 days ago
How to mine Bitcoin at home in 2025: A realistic guide – Crypto News
-
Blockchain6 days ago
CZ claps back against ‘baseless’ US plea deal allegations – Crypto News
-
Business1 week ago
Crypto Liquidations Hit $573 Million as BTC, ETH Sees rebound – Crypto News
-
Technology7 days ago
Microsoft’s Greatest Hits and Epic Fails: A 50-Year Wild Ride – Crypto News
-
Cryptocurrency1 week ago
BTC Risks Further Downside if it Fails to Reclaim This Resistance – Crypto News
-
Business1 week ago
US Senate Confirms Pro-Crypto Paul Atkins As SEC Chair – Crypto News
-
Cryptocurrency1 week ago
OpenAI Countersues Elon Musk, Accuses Billionaire of ‘Bad-Faith Tactics’ – Crypto News
-
Blockchain1 week ago
Bitpanda secures third MiCA license in home jurisdiction of Austria – Crypto News
-
Metaverse1 week ago
Amul girl to Nirma: Viral AI video brings classic Indian mascots to life, users stir debate over ethics – Crypto News
-
Blockchain1 week ago
BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO, LINK, AVAX – Crypto News
-
Cryptocurrency1 week ago
DOGE Price Moves as Dogecoin Whales Go on Buying Spree – Crypto News
-
Technology1 week ago
Dogecoin Price Gearing for A 3X Rally Amid DOGE Whale Accumulation – Crypto News
-
Technology7 days ago
How to transcribe and translate YouTube videos for free using Gemini 2.5 Pro? Check our step-by-step guide – Crypto News
-
others7 days ago
Binance Issues Important Update On 10 Crypto, Here’s All – Crypto News
-
Cryptocurrency7 days ago
Professor Coin: What’s Driving Cryptocurrency Adoption Around the World – Crypto News
-
others7 days ago
Ripple Community Remains Disappointed With Hinman Report, What’s Next? – Crypto News
-
others6 days ago
Mexican Peso ends week strong as USD plunges on China tariff retaliation – Crypto News
-
Cryptocurrency6 days ago
Shiba Inu [SHIB] price prediction – A 70% rally next after 900%+ burn rate hike? – Crypto News
-
Metaverse6 days ago
Forget DeepSeek. Large language models are getting cheaper still – Crypto News
-
Technology6 days ago
Apple ramps up India production amid China uncertainty, assembles $22 billion worth iPhones in a year – Crypto News
-
Blockchain4 days ago
On-Chain Clues Suggest Bitcoin Bounce Might Be a False Signal—Here’s What to Know – Crypto News
-
Blockchain2 days ago
Bitcoin online chatter flips bullish as price chops at $85K: Santiment – Crypto News
-
Business2 days ago
Cardano (ADA) and Dogecoin (DOGE) Eye For Bullish Recovery – Crypto News
-
Technology1 day ago
Expert Predicts Pi Network Price Volatility After Shady Activity On Banxa – Crypto News
-
Blockchain1 week ago
Investors Looking To Buy Bitcoin? – Crypto News
-
Cryptocurrency1 week ago
Galaxy’s imminent US listing reflects SEC change – Crypto News
-
others1 week ago
Crypto Products See $240,000,000 in Outflows Likely in Response to US Tariff Threats: CoinShares – Crypto News
-
Technology1 week ago
Best water purifiers in India April 2025: Which one saves maintenance costs while providing pure, safe drinking water? – Crypto News
-
Technology1 week ago
What It Means for NFT Traders – Crypto News
-
Blockchain1 week ago
SEC drops suit against Helium for alleged securities violations – Crypto News
-
Blockchain1 week ago
NY attorney general urges Congress to keep pensions crypto-free — ‘No intrinsic value’ – Crypto News
-
Technology1 week ago
iQOO Z10 5G, Z10x 5G launched in India, price starts at ₹13,499. Check full price, specs and more – Crypto News
-
Metaverse1 week ago
Google launches Gemini 2.5 Flash—Ideal for chatbots, assistants and instant summarisation – Crypto News
-
Business1 week ago
Cosmos Debuts Eureka to Bridge Ethereum – Crypto News
-
Blockchain1 week ago
Breakout To $1,800 With These Two Supply Zones – Crypto News
-
others1 week ago
GBP advance lags core peers – Scotiabank – Crypto News
-
others1 week ago
Russia Consumer Price Index (MoM) down to 0.65% in March from previous 0.8% – Crypto News
-
Blockchain7 days ago
Ethereum Capitulation Nearing Its End? Key On-Chain Metric Reveals Insights – Crypto News
-
Cryptocurrency7 days ago
Fusaka fork takes shape as Pectra enters final stretch – Crypto News
-
others7 days ago
There is more work to do on inflation – Crypto News
-
Business7 days ago
Bankless Cofounder David Hoffman Reveals Strategy To Improve Ethereum Price Performance – Crypto News
-
Blockchain7 days ago
XRP Price To Hit $45? Here’s What Happens If It Mimics 2017 And 2021 Rallies – Crypto News
-
Cryptocurrency7 days ago
Bitcoin – Here’s what’s next after sellers near exhaustion levels – Crypto News
-
others6 days ago
On-Chain Indicator Suggests Ethereum (ETH) Could Be Undervalued, According to Crypto Analyst – Crypto News
-
Technology6 days ago
Price drop on 43 inch TVs: Grab the best deals on Samsung, Sony, Xiaomi and more, up to 57% off – Crypto News
-
others6 days ago
Dow Jones recovers ground to post one of its best weeks in years – Crypto News