Why a consumer sentiment survey is a pointer to the urgency of regulating AI in India

Indians are taking to AI like a fish to water or will when it becomes mainstream, shows a survey. As countries race to regulate AI, with the EU taking the lead, we should not be left behind

R Srinivasan

March 22, 2024 / 11:37 AM IST

Why a consumer sentiment survey is a pointer to the urgency of regulating AI in India

Even more worrying is the apparent unawareness or worse, lack of concerns of Indian consumers about the risks.

Highlights:

Major economies around the world are racing to try and impose some guidelines on AI

The EU’s AI Act attempts to lay down a rules-based order to govern the use and development of AI and AI-based tools, based on a graded risk perception

In India, while the government is taking slow steps towards working out some kind of policy businesses and users are diving headlong

Even more worrying is the apparent unawareness or worse, lack of concerns of Indian consumers