Budget 2024-25: Here are key challenges in artificial intelligence infra
Increased funding for AI research through a greater thrust on R&D, such as academic institutions, innovation centres, and a thriving startup ecosystem
 "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
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
Also Read
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