• July 22, 2023

AI tech to boost capability, won’t lead to job loss: Minister – Times of India

AI tech to boost capability, won’t lead to job loss: Minister – Times of India
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NEW DELHI: Asserting that the advent of Artificial Intelligence (AI) will not lead to job losses in India, minister of state for electronics and IT Rajeev Chandrasekhar said on Friday that the government will set up three centres of excellence (CoEs) for AI. This will bring together experts from academia, industry, and research entities for interdisciplinary research, development of cutting-edge applications, andscalable problem solutions.

A multi-stakeholder working group has been constituted to conceptualise the model of these CoEs, he said in a written reply in the Rajya Sabha to a question raised by BJP’s Sushil Kumar Modi.
“To address the ethical concerns like IPR, copyright, bias of algorithm, transparency and potential risks associated with AI, various central and state government departments and agencies have commenced efforts tostandardise responsible AI development, use and promote the adoption of best practices. Additionally, NITI Aayog has published a series of papers on the subject of Responsible AI for All. The government is currently studying the requirement of regulatory framework,” he said. On the issue of jobs, Chandrasekhar said that AI is “not leading to any job losses”, but is instead being used as a tool for augmenting capability. “AI is expected to raise India’s annual growth rate by 1. 3% by 2035,” he said.




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