Regulations should foster innovation in AI: FM Nirmala Sitharaman

The government is determined not only to adopt artificial intelligence (AI) technologies but also to ensure their responsible application across various sectors, finance minister Nirmala Sitharaman said on Monday, emphasising the need for regulations that responsibly foster technology innovation in AI.

“We do not want regulations that literally wipe out technology itself. We want regulations because we want a responsible application,” Sitharaman said, releasing the report ‘AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth’.

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