The minister highlighted the global recognition India is receiving in the AI space, referencing a tweet by OpenAI CEO Sam Altman, noting the country’s enthusiastic adoption of AI.
With these efforts, the IndiaAI Mission aims to strengthen India’s AI ecosystem, making AI development more accessible and efficient for startups and researchers.
During Storyboard18 DNPA conclave, MeitY Secretary S Krishnan had discussed the need of effective monitoring of AI regulation and how India's stance on AI balances innovation with safeguards against potential harms.
Storyboard18 had earlier reported that the RMG industry was preparing to take legal action against the Tamil Nadu government over its “blank hour” regulations, which would prohibit gaming between midnight and 5 AM.
Many advertisements, including influencer promotions, falsely portray earnings as risk-free, potentially violating ASCI and CCPA guidelines on deceptive promotions.
The websites of five other ministries, including the Ministry of Commerce and Industry, are also set to go live under these new standards.
The query focused on ensuring that social media companies provide full transparency, obtain informed user consent before scraping data, and implement accountability mechanisms to prevent the unethical use of scraped user data.
Globally, in countries like the United States, the United Kingdom, and Australia, opinion trading apps and websites are classified as wagering platforms and are regulated.
Experts state that though the implementation timeline is of two years, be it MSME's or major companies, they are now a data fiduciary.
Experts suggest that the parental consent rules are likely to add a heavy compliance burden on all parties involved.