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The IT ministry is creating a mechanism to assess the safety and trustworthiness of AI solutions. Emphasizing innovation, the ministry aims to implement assessments without imposing stifling regulations. This approach seeks to ensure that AI development remains responsible and beneficial for all stakeholders involved.
S Krishnan, the Ministry of Electronics and IT secretary, highlighted the need for regulations addressing AI-related harms, misrepresentation, and deepfakes. He noted that the job displacement threat from AI in India is less severe than in Western countries. Additionally, Paytm's CEO urged startups to adopt AI-first strategies to remain competitive in the evolving tech landscape.
• IT ministry prioritizes innovation while assessing AI safety and trustworthiness.
• Job displacement threat from AI in India is less severe than in the West.
AI safety refers to the measures taken to ensure that AI systems operate without causing harm.
Deepfakes are synthetic media where a person's likeness is replaced with someone else's, raising ethical concerns.
Responsible AI emphasizes ethical considerations in AI development to prevent misuse and ensure fairness.
Paytm is a digital payment platform that encourages startups to integrate AI into their business models.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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