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    MCX Gold Price Today in India: City-Wise 24K, 22K Gold, 999 Silver Rates Amid US Dollar Index Swings

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    Nestle Q4 Results FY26: Net Profit Rises 27% to Rs 1,111 Crore, Announces Dividend Rs 5/share

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Home Governance News

Government plans to regulate AI platforms like ChatGPT

By: APAC Media

by APAC Media
May 22, 2023
in News
Reading Time: 2 mins read
Government plans to regulate AI platforms like ChatGPT
Summarize with:

New Delhi: Following Europe and the US, India is now considering a regulatory framework for artificial intelligence (AI) technology and tools like ChatGPT. According to IT Minister Ashwini Vaishnaw, the Government of India is mulling on bringing a regulatory framework for AI that will include areas related to bias of algorithms and copyrights.

As per a media source, the minister said that various countries are examining the growing influence of AI platforms.

“The whole world is looking at what should be the framework, and what should be the regulatory setup. In G7, all digital ministers (of G7 countries) are seriously concerned about what should be the regulatory framework. So, this is a global thing. This is not one country’s issue. This has to be looked at from the international perspective,” Vaishnaw told the media source.

He also mentioned that the laws in India will be drafted in conjunction with other like-minded nations. Vaishnaw said that there are “concerns around IPR, copyright, bias of algorithms” on platforms like ChatGPT and Bard.

While answering about separate regulation for AI, he cleared that it would flow into that direction. “Ultimately, as I said, all the countries will have to come up with some co-operative framework,” he said.

In the beginning of this year European Union (EU) lawmakers came up with rules to regulate AI technology. On the other hand, China also drafted rules to manage how companies develop generative AI products like ChatGPT.

This week, OpenAI (the maker of ChatGPT) CEO Sam Altman appeared before the US senate panel saying that one of his greatest fears from ChatGPT is the disruption to the labor market, and called on Congress to help address the impact. He said that AI would be good at tasks but not jobs. He added that it has the potential to create many better quality jobs even if some are lost.

Altman told Congress that government intervention will be critical to mitigating the risks of increasingly powerful AI systems. “As this technology advances, we understand that people are anxious about how it could change the way we live. We are too,” OpenAI CEO said

Summarize with:
Tags: artificial intelligenceChatGPTGovernmentIT Minister Ashwini VaishnawSam Altman
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