 "The artificial intelligence (AI) market in India is expected to clock a compound annual growth rate of 25-35 per cent by 2027, matching a global trend of the technology's expansion. The Indian market is worth $7-10 billion now and it is expected to r")
Artificial Intelligence (AI) technologies, built on predictive and deterministic analysis of large data sets and patterns, transcend geographies. AI is inherently collaborative, inclusive, agile, and continuously evolving. Naturally, regulation of AI would need to be, too. Regulatory sandboxes cannot cater to ensuring that the inter-connected, fast-evolving AI benefits all, with minimal risks, globally. Cooperation is essential.
India, with 1.4 billion people, and exponentially increasing digital adoption, will play a key role in this discussion. The benefits of AI extend across domains — economic, social, health, logistics, education, security, and environment. Evidently, the pace and manner of its adoption into everyday
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