A significant shift in India's approach to regulating Artificial Intelligence (AI). India's new regulation on AI, which requires government approval for significant tech firms' AI models before launch. The Ministry of Electronics and IT issued the advisory, citing the IT Act, 2000 and IT Rules, 2021. The advisory is not legally binding, but it signals future regulation. It requires compliance within 15 days. This reversal of India's previous hands-off approach has surprised many in the industry. Some fear it will hinder India's ability to compete globally in AI.
Possible reasons for the policy change could include:
Overall, this policy change reflects a growing debate about how to regulate AI development effectively. It remains to be seen how this will impact India's AI industry in the long run.
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