Budget 2024-25: Here are key challenges in artificial intelligence infra

Key challenges
 

Lack of clear regulatory guidelines and data privacy & misuse

Budgetary support for AI deployment in pockets
Demand-supply gap for skilled AI professionals

Lack of public awareness

Industry ask

Invest in AI infrastructure such as high end hardware, software 
 

Encourage public-private participation through transparent schemes to encourage AI adoption
 

Increased funding for AI research through a greater thrust on R&D, such as academic institutions, innovation centres, and a thriving startup ecosystem 
 

Tax incentives for firms investing heavily in AI R&D

 The government has already taken several steps to assist India’s AI journey. This budget is an ideal opportunity to launch India’s long-term aspirations with AI being an essential ingredient

Rajnil Malik, Partner and genAI GTM leader, PwC India