INDIAai has released a report titled Generative ai report: charting the Course for the future

The Government of India's National AI Portal, INDIAai, performed various studies and hosted three roundtable discussions with prominent experts from ethics, policy, governance, and academia to examine the opportunities, impact, and ethical and regulatory questions of Generative AI in India. Artificial intelligence is a scientific and technological field that has been around for over half a century, with diverse degrees of success and growth.

Generative AI tools such as Chat GPT and Midjourney are becoming more popular and influential in our daily lives and beyond, as tech giants like Microsoft and Google compete to integrate them into their search and enterprise products. Generative AI technologies have seen rapid growth recently, with examples like GPT-3 for natural language generation and DALL-E-2 for image synthesis. Therefore, experts predict that Generative AI will be a key driver of AI innovation and investment in the next decade, with the AI market expected to reach $422.37 billion by 2028, growing at a 39.4% CAGR.

Development of Generative AI:

Generative AI technologies, which aim to provide low-cost and high-value solutions, are considered the future of generating text, images, and even code, with results that are sometimes hard to tell apart from human creation. However, we are still figuring out the risks they will pose, as they advance rapidly. On the one hand, some countries like China have taken legal measures to reduce the dangers of Generative AI, such as adding watermarks to the final output, checking the algorithms, and even asking for user consent before using their data to train these models.

Effect of Generative AI:

On the other hand, the socioeconomic impact that Generative AI models can have is wide and profound, and it can even threaten our country's cohesion and national identity, raising the issue of how we can ensure the ethical and responsible use of Generative AI models. Moreover, the rights, credit, and intellectual property (IP) of AI-generated works mimicking individual human creators pose additional ethical challenges.

Roundtables:

Considering these concerns, INDIAai organized a series of roundtable talks with stakeholders and ecosystem participants to gain more insight into the current Generative AI scenario, ethical and legal issues, and ways to minimize these models' adverse effects on our society.

• First round table: The first roundtable, held on January 31, 2023, was a huge success as it explored the current state of Generative AI and examined the recent momentum around the issue.
• Second round table: The second roundtable was conducted on February 28, 2023, to delve deeper into the ethical dilemmas surrounding Generative AI, as well as the need for regulatory frameworks and how to build policy approaches on the topic.
• Third round table: The third roundtable took place on April 24, 2023, from 2 pm to 3 pm IST, and focused on the India opportunity in Generative AI, especially the economic implications, and how these technologies could transform many sectors and segments of the economy.