AI not yet sophisticated enough to threaten jobs, says union IT minister
Companies who want to operate in India must first mitigate user harm. "Our approach to Al regulation is fairly straightforward. "We will regulate AI in the same way that we regulate Web 3 or any other emerging technology to ensure that it does not harm digital citizens," Chandrasekhar added
AI not yet sophisticated enough to threaten jobs, says union IT minister
Union Minister Rajeev Chandrasekhar has ruled out any fear of job loss brought on by the development of artificial intelligence (AI), stating that the current type of AI is mostly task-oriented and unable to handle a situation where logic and reasoning are required.
Additionally, he stated that the government would control AI development to protect the digital citizen.
‘While AI is disruptive, we do not see the so-called threat of job replacement in the next few years. Because the current level of AI research is very task-oriented rather than thinking, logic, and so on,” remarked Union Minister of State for Entrepreneurship, Skill research, Electronics, and Technology. ‘Jobs typically require thinking and logic, and AI is not as advanced at this time,’ the minister explained.
In terms of AI legislation, he stated that the government will control it while keeping user damage in mind. “We will protect digital citizens with this technology,” he stated.
Companies who want to operate in India must first mitigate user harm. “Our approach to Al regulation is fairly straightforward. “We will regulate AI in the same way that we regulate Web 3 or any other emerging technology to ensure that it does not harm digital citizens,” Chandrasekhar added.
AI-based utilities have enormous promise in India, because of the country’s strong IT industry and big data set. However, AI is still in its infancy.
Many countries have used AI technologies to improve service delivery and eliminate human intervention, but concerns about job losses linger as the technology progresses.
On Thursday, OpenAI Chief Executive Officer Sam Altman met with Prime Minister Narendra Modi in the national capital to address many facets of artificial intelligence, including the need for global regulation.
Altman is on a six-nation visit this week, including Israel, Jordan, Qatar, the United Arab Emirates, and South Korea.
After meeting Altman, PM Modi noted in a tweet that the potential of AI in India’s IT environment is immense, particularly among the youth.
“We welcome all collaborations that can accelerate our digital transformation for the purpose of empowering our citizens,” Prime Minister Modi wrote.
When asked about his plans for India, Altman stated that the first thing he will do is invest companies.
“We were always amazed and quite grateful for the quality of Indian startups,” he added, adding that he has met some of them.
- Lubrizol and Polyhose Sign MoU to Manufacture Medical Tubing, Expand Capacity in Chennai - November 14, 2024
- After Seen 6.6% Rise of EPFO Contributors Government plans to hike EPF wage ceiling to Rs 21,000 - November 11, 2024
- Termination Of Service After Employee’s Retirement Unknown To Law In Absence Of Pending Departmental Proceedings: Patna High Court - November 5, 2024
