Government to come out with draft regulatory framework for Artificial Intelligence by July 2024

Minister of State for Electronics and Information Technology Rajeev Chandrasekhar has said that the government will come out with a draft regulatory framework for artificial intelligence (AI) by July this year. Addressing the opening session of the two-day Nasscom leadership summit in Mumbai, Mr. Chandrasekhar said that the government is working on a draft AI regulation framework that is set for release in June or July this year. He added that the intention is to harness AI for economic growth and address potential risks and harms. Mr. Chandrasekhar also said the government is determined to build AI-skilled individuals. He highlighted the importance of a global governance framework that deals with the safety and trust of AI.

Mr. Chandrasekhar had earlier said that the government’s approach to regulating AI includes establishing principles and a comprehensive list of harms and criminalities related to the technology. He had said that the government preferred to provide clear standards for platforms that addressed concerns like bias and misuse during model training, rather than regulating AI at certain stages of its development. Regarding the increasing use of the internet, he said that the 900 million people who use it now will soon reach 1.2 billion.

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