India requires a specialized AI cadre for effective governance of this technology
18 hours, 56 minutes ago

India requires a specialized AI cadre for effective governance of this technology

Live Mint  

India recently unveiled a report to guide the governance of artificial intelligence, marking the country’s first structured vision in the era of Generative AI and transformative foundation models. For instance, the Reserve Bank of India excels in monetary regulation, but has hesitated to fully engage with fintech innovations like virtual digital assets despite a dedicated fintech department and ample regulatory precedent globally. Globally renowned research organizations like the US National Aeronautics and Space Administration offer role models for designing public procurement systems in high-tech fields, precisely because of an abundance of in-house expertise. Building on India’s success with the National Informatics Centre, which embeds IT expertise across public institutions, a specialized AI cadre could bridge these identified gaps.

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