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Sam Altman not the last word on India's AI aspirations: Rajeev Chandrasekhar

Money Control

Money Control · 2y ago

Sam Altman not the last word on India's AI aspirations: Rajeev Chandrasekhar

Rajeev Chandrasekhar, a Member of Parliament, has responded to Sam Altman's remarks on India's AI ambitions. Chandrasekhar disagrees with Altman's belief that India's AI aspirations are overrated and argues that the country has the potential to lead in AI development. He highlights India's talent pool, data availability, and the government's initiatives as factors that can propel India's AI progress.

Related News

Talent is much more fundamental challenge in AI: Rajeev Chandrasekhar

Economic Times

Economic Times · 1y ago

Talent is much more fundamental challenge in AI: Rajeev Chandrasekhar

Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar emphasized the importance of technological talent in India's progress in artificial intelligence (AI). He stated that universities should focus on producing AI experts, as talent is a fundamental challenge in AI. Chandrasekhar also mentioned that the shortage of advanced chips driving the global race for AI computing power would soon be resolved. The government is making efforts to build infrastructure for emerging technologies like AI to boost India's tech economy.

AI, online gaming can add up to $300 billion to India's GDP by 2026-27: Rajeev Chandrasekhar

Economic Times

Economic Times · 1y ago

AI, online gaming can add up to $300 billion to India's GDP by 2026-27: Rajeev Chandrasekhar

According to Union Minister Rajeev Chandrasekhar, the artificial intelligence (AI) and online gaming sectors have the potential to contribute up to $300 billion to India's GDP by 2026-27. The government plans to host a global summit called 'India AI-2023' on December 10 as part of its efforts to promote AI. Chandrasekhar also mentioned that the government aims to achieve a $1 trillion digital economy as part of the $5 trillion GDP target.

Govt's AI advisory will not apply to startups: MoS IT Rajeev Chandrasekhar

Economic Times

Economic Times · 1y ago

Govt's AI advisory will not apply to startups: MoS IT Rajeev Chandrasekhar

Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar, stated that the government's advisory on large language models will not affect startups, but only significant platforms. This comes after concerns were raised by AI startups regarding the need for permission before launching new AI models. Chandrasekhar clarified that the advisory is targeted at untested AI platforms to ensure user protection and is not intended to hinder innovation. The advisory requires intermediaries and platforms to prevent the hosting or sharing of unlawful content through AI models.

Centre to notify strict IT rules soon to tackle deepfake issue: Rajeev Chandrasekhar

Economic Times

Economic Times · 1y ago

Centre to notify strict IT rules soon to tackle deepfake issue: Rajeev Chandrasekhar

The Indian government is set to notify strict IT rules in order to address the issue of deepfakes. Minister Rajeev Chandrasekhar announced that if the current advisory on deepfakes is not being followed, amended IT rules will be introduced within the next week to ensure compliance. The advisory was issued last month to social media intermediaries, aiming to combat the spread of misinformation facilitated by artificial intelligence. Chandrasekhar made these comments during a visit to a boAt manufacturing unit on National Startup Day.

Digital nagriks not to be experimented on with 'unreliable' models, algorithms: MoS IT warns Google

Economic Times

Economic Times · 1y ago

Digital nagriks not to be experimented on with 'unreliable' models, algorithms: MoS IT warns Google

Union Minister Rajeev Chandrasekhar has warned Google that explanations about the unreliability of AI models do not exempt them from legal obligations. This came after Google faced criticism over its AI tool Gemini's biased response to a question about Indian Prime Minister Narendra Modi. Chandrasekhar emphasized that the safety and trustworthiness of platforms are essential and that Indian digital citizens should not be experimented on with unreliable platforms. Google responded by acknowledging the issue and stating that Gemini may not always be reliable, particularly when responding to certain current events and political topics.

‘India should not even try to build foundational AI models’ comment was taken out of context: Sam Altman

Livemint

Livemint · 6m ago

‘India should not even try to build foundational AI models’ comment was taken out of context: Sam Altman

Sam Altman, CEO of OpenAI, clarified his earlier comment that India should "not even try" to build foundational AI models, saying it was taken out of context. During his visit to India, Altman discussed with IT minister Ashwini Vaishnaw the evolution and decreasing costs of AI model development. He urged India to lead in AI creativity, while Vaishnaw highlighted India's AI Mission to develop its ecosystem. Altman emphasized India's importance in the global AI landscape.

RBI action on Paytm Payments Bank: Regulatory compliance cannot be ‘optional’, says Rajeev Chandrasekhar

Livemint

Livemint · 1y ago

RBI action on Paytm Payments Bank: Regulatory compliance cannot be ‘optional’, says Rajeev Chandrasekhar

Union Minister Rajeev Chandrasekhar emphasized that regulatory compliance should not be optional for companies, in reference to the Reserve Bank of India's (RBI) regulatory action on Paytm Payments Bank. He stated that no company can escape the consequences of non-compliance with the law, highlighting the importance of entrepreneurs paying attention to regulatory requirements. Chandrasekhar also clarified that the RBI's action against Paytm Payments Bank has drawn attention to the need for compliance rather than rattling the fintech industry.

India to develop its own foundational models: MoS IT Rajeev Chandrasekhar

Economic Times

Economic Times · 1y ago

India to develop its own foundational models: MoS IT Rajeev Chandrasekhar

India's Minister of State for Electronics and IT, Rajeev Chandrasekhar, announced that India is planning to develop its own foundational models for artificial intelligence (AI) in response to the rise of AI models like OpenAI's ChatGPT and Google's Gemini. These models will be India-centric, focusing on areas such as healthcare, agriculture, education, and governance. Chandrasekhar also emphasized the importance of data in AI projects and mentioned that non-personal data collection platforms will be made available for Indian startups and companies. The government has allocated Rs 2,000 crore for startup financing in AI.

Ambition to grow AI, startup innovations as important as AI safety: MoS IT Rajeev Chandrasekhar

Economic Times

Economic Times · 1y ago

Ambition to grow AI, startup innovations as important as AI safety: MoS IT Rajeev Chandrasekhar

Union Minister Rajeev Chandrasekhar emphasized that artificial intelligence (AI) safety is as vital as fostering AI innovation and a startup ecosystem in India. He stated this at the AI Safety Summit 2023 in the UK. He believes that India should focus on both AI safety and the growth of AI and startups, as it's not a binary choice. Chandrasekhar highlighted the need for global cooperation in building AI safety standards and methodologies and mentioned that these discussions would take place at the Global Partnership of Artificial Intelligence (GPAI) 2023 in India.

Centre to support, fund Indian AI startups: MoS Rajeev Chandrasekhar

Inc42 · 1y ago

Centre to support, fund Indian AI startups: MoS Rajeev Chandrasekhar

The Indian government plans to provide funding and support for artificial intelligence (AI) startups, according to Minister of State for Information Technology, Rajeev Chandrasekhar. The government aims to create a framework similar to the semiconductor industry to incentivize investments and nurture the AI ecosystem, with both private sector and public sector initiatives. Chandrasekhar also emphasized the need for a global regulatory framework for AI and highlighted the potential of AI to drive India's digital economy in sectors like healthcare, agriculture, and governance.

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