As India attempts to become a big participant in artificial intelligence, Ashwini Vaishnaw, the minister of electronics and information technology, was listed on TIME magazine's "Most Influential People in AI 2024."
While India has not yet passed legally enforceable AI regulations, it has chaired the Global Partnership on Artificial Intelligence. TIME magazine highlighted Ashwini Vaishnaw's role in steering India towards an AI revolution while also shaping essential regulations to govern its progress.
Ashwini Vaishnaw: Leader of India’s AI
TIME's new cover: The 100 most influential people in AI https://t.co/P81KOzsSlC pic.twitter.com/mjUT1UUx26
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The magazine stated: "In the next five years, under Vaishnaw's direction, the nation aspires to rank among the top five in the world for semiconductor manufacturing—a vital component of contemporary artificial intelligence systems. At some factories, construction has started.
Over 2,000 AI specialists, senior executives from OpenAI and Microsoft, and participants from more than 50 countries attended the Global IndiaAI Summit, which was held in India in July. Ashwini Vaishnaw's "IndiaAI" program has served as the conduit for India's AI initiatives.
It was previously reported that the government aims to acquire more than 10,000 Graphic Processing Units, which are the brains of most AI technologies. It is anticipated that this will boost the nation's processing capability.
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Challenges in India’s AI Revolution
The journal stated that the country's educational system is catching up to generate the skilled labor required for advanced artificial intelligence and semiconductor development. However, India's tech sector struggles with low private R&D investment and a lack of advanced manufacturing ecosystems. This has presented Ashwini Vaishnaw with "significant challenges" in the process of pushing AI forward in the country.
According to TIME, India has several obstacles to overcome before it can take the lead in the AI industry, including hefty import taxes on electronic components, international rivalry for talent and resources, and the difficulty of quickly modernizing infrastructure.
The Magazine further stated, "India, like every other nation, is working to find a middle ground between encouraging innovation, making sure AI helps its citizens, and limiting the hazards associated with the technology. It remains to be seen whether it will be successful."
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