

Metaverse
India will regulate AI to ensure user protection – Crypto News
India will regulate AI, said minister of state for electronics and information technology Rajeev Chandrasekhar, who added that the digital personal data protection bill will be introduced in the Parliament soon while consultations on the Digital India bill will begin this month.
“Our approach towards AI regulation is fairly simple. We will regulate AI as we will regulate Web3 or any emerging technologies to ensure that they do not harm digital citizens,” he said on Friday while speaking on nine years of the PM Narendra Modi’s governance.
“Our approach towards AI regulation or indeed any regulation is that we will regulate it through the prism of user harm. We will protect digital citizens from harm or from derived harm through technology. We will not let platforms to operate in India that inflict user harm,” he added.
Chandrasekhar’s comments come at a time when Sam Altman, chief executive officer of OpenAI that developed the popular chatbot program ChatGPT, called for regulation of major companies operating in the AI space including his own company, but batted for smaller firms and start-ups to be left out for it may stifle innovation.
He added that the threat of AI removing or replacing jobs was not imminent in the near future as AI in the present day was task oriented and was not sophisticated enough.
“I can assure you that a while AI is disruptive, we do not see in the next few years, the so called threat of replacing jobs or removing jobs because the current state of development of AI is that AI is very task oriented, not reasoning Logic and jobs usually have reasoning and logical AI is not sophisticated enough at this stage,” he said.
However, he noted that there was a possibility at very low levels of intelligence and repetitive tasking where AI would replace jobs and over the next 5-10 years that AI would become intelligent enough where it could replace jobs. “Today, the application of AI is on tasks, it creates more efficiency,” he said.
The minister added that the digital personal data protection bill will be introduced in the Parliament soon while consultations on the Digital India bill will begin this month, while speaking on India’s journey towards digitization over the past nine years.
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Updated: 09 Jun 2023, 07:21 PM IST
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