![India to unlock AI potential: EY India to unlock AI potential: EY](https://varindia.com/storage/news/2024/05/vJil327CicfmNXuYGYOaITzjdACdwyWNoa0yudnR.jpg)
India has made significant strides in positioning AI as a leading development tool. To leverage the full potential of AI, the government is also creating an ecosystem through strategic policy interventions. However, to access India’s readiness to drive widespread social impact, the government must address key areas including technology infrastructure, research capabilities, skills development, regulatory environment, and the establishment of ethical AI guidelines.
AI could address dual goals of economic and social value creation and recovery. EY India's latest report titled 'Realising AI for All in India' underscores the necessity for sustained policies and emphasises the pivotal role that government intervention can play in fostering the beneficial utilisation of AI technology. The report outlines key policy considerations aimed at expediting AI development and ensuring its democratisation. These include revitalising telecom investments, catalysing an open data ecosystem, fostering research initiatives, implementing ethical AI practices, and reforming education to meet the demands of the AI era.
Emphasising the government's crucial role in steering extensive AI implementation, the report outlines six key considerations to position India as a hub for AI, which includes:
# Open data ecosystems: Promote sector-based data trusts and platforms for collecting and sharing data
# Revive investments in telecoms infrastructure
# Promote AI research and AI Centre of Excellence
# Establish AI clusters for rural innovation
# Implement ethical AI frameworks
# Promote public awareness of AI and reform education
With this strong foundation, AI has the potential to democratize access to healthcare and education, unleash creativity and create numerous entrepreneurs. This report helps to shape the dialogue on realizing AI as the force to unlock the potential of billions of Indians.
Ms. S Mohini Ratna - Editor VARINDIA
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