In the last few years, there has been an explosion of Generative AI technologies, ranging from sophisticated language models such as GPT-3 and image generation models such as DALLE-2. With the investment in AI to reach $422.37 billion by 2028, at a 39.4 % CAGR, experts believe Generative AI will play a critical role in pushing AI innovation and investment in the coming decade.

Generative AI tools, primarily focused on low-cost and higher-value solutions, are perceived as the future of text, image and even code generation, sometimes indistinguishable from the human creation. However, with the pace at which these technologies are advancing, we are imperilled to foresee the risks it brings. On the one hand, countries such as China have implemented regulatory measures to put a leash on Generative AI risks, such as watermarking the final product, auditing the algorithms and even ensuring the consent of users are taken before using their data for training these models.

On the other hand, the socio-economic impact, Generative AI models can create is wide and deep, and can even threaten the unity and national fabric of our country, leading to the question of how can we ensure ethical and responsible use of Generative AI models? Furthermore, the question of rights, attribution and IP of AI-generated works that mimic specific human creators opens more ethical questions.

Roundtables

With these questions in mind, INDIA AI organised a series of roundtables with stakeholders and ecosystem players to understand the present Generative AI landscape, ethical and legal challenges, and solutions to mitigate the harmful impact these models can have in our society. The first roundtable held on 31st Jan 2023 was big success as it explored current state of Generative AI and analysed current hype around the subject.

The second roundtable, was organised on 28 Feb 2023 which looked deeper into the ethical questions regarding Generative AI as well as the need for regulatory frameworks, and how to formulate policy approach on the same. 

The third roundtable was held on 24 April 2023, 2pm to 3pm IST and it focused on the India opportunity in Generative AI, especially the economic impact, and how these technology could transform various sectors and parts of the economy. 

The findings, learning and analysis from the Roundtables and INDIAai’s research on impact of Generative AI on india will be incorporated into a report, that will provide insights for policymakers, entrepreneurs, academicians, and students.