Global Capability Centres (GCCs) in India have emerged as innovation hubs, focusing on building advanced skills and capabilities to accelerate their time-to-market. However, the Indian government’s recent regulatory proposals could pose roadblocks to GCCs, which thrive on agility and cost efficiency.
On November 9, 2023, the IT ministry constituted a sub-committee to identify the gaps and recommend a framework for AI governance. Last year, the government proposed AI guidelines based on the AI Governance Guidelines Development report. If enforced, these guidelines could potentially hinder GCC growth in India.
Report vs Concerns
However, such issues are not new to the competition laws in India or globally. The Competition Commission of India oversees cases of abuse of dominance, vertical integration, and similar concerns.
According to the report, one of the major concerns about unfair trade practices stemming from the abuse of dominance by a few entities controlling large AI systems is relevant. This is particularly due to the concentration of computational power and data infrastructure in a few hands.
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Conversely, experts like Tushar Bisht, senior principal software architect at Sabre, view the AI governance guidelines as a commendable step towards promoting safe and responsible AI integration.
“These guidelines are a critical step in addressing the challenges posed by AI, such as the risks of deepfakes, AI-generated content, and unchecked use in areas like optimisation, forecasting, classification, and autonomous decision-making,” Bisht said.
He also spoke about the government’s efforts to encourage ethical AI adoption while safeguarding societal interests. Bisht stressed that corporations and educational institutions must complement these efforts by ensuring transparency, bias detection, and privacy protection in AI and ML models.
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This quote by Tushar Bisht was published in a story on Analytics India Magazine.