“Technology will always be ahead of government, and the more regulation we do, the more we will run the challenge of stopping innovation,” Kant noted, pointing out that G20 countries need to have a pro-innovation approach that maximises the value of these technologies and offers entrepreneurs the freedom to innovate within a principle-based ethical framework.
He was speaking at the second G20-SAI Summit of the SAI20 Engagement Group here.
Kant’s comments assume importance, as they come just a week after OpenAI CEO Sam Altman, at an ET event, said that India could play a huge role in steering the global conversation and deciding on AI regulation during its G20 Presidency.
“Nations of the world need to adopt a balanced approach to this new technology, one that allows us to take the best advantage of all that artificial intelligence has to offer while minimising the harm that it could cause,” Kant noted.
Kant said the world is interconnected today with technology. It plays a crucial role in the functioning and transformation of the world, and helps to collect, process and disseminate information more quickly and efficiently.”And with this vast data, we are seeing the emergence of generative artificial intelligence. These are playing a very critical role in the lives of citizens, they have both a positive as well as disruptive potential,” he added.India’s G20 sherpa further said there is a need to realise that the future rapid advancements in artificial intelligence, and, in particular, the transformative potential of generative artificial intelligence, offer exciting new opportunities for human advancement.
The risk mitigation can only be effective with early warning of new risks and imminent threats, Kant said.
Kant further noted that SAI India’s endeavours during its SAI20 Chairmanship have been to amalgamate with India’s G20 priorities-green development, climate finance & lifestyle for environment, accelerated, inclusive & resilient growth, accelerating progress on Sustainable Development Goals, technological transformation and digital public infrastructure and women-led development.
Kant said G20 needs to take the initiative and draw an action plan to counter the detrimental impacts of global warming and climate change by leveraging the oceans for conservation and preservation, protection and sustainable development of the seas and the marine areas beyond national jurisdiction with the overall vision of clean and healthy oceans for a safe earth.
The correspondent is in Panjim at the invitation of Comptroller and Auditor General of India.