Though the Act goals to reinforce accountability and security in AI growth, Ram identified that it might inadvertently stifle innovation, significantly in areas comparable to AI mannequin coaching and mental property administration.
“As firms grapple with compliance prices and potential authorized liabilities, the problem will probably be to foster an setting the place innovation can thrive with out compromising moral requirements,” Ram added.
Srinivasamurthy is optimistic, suggesting that “any new expertise that’s disruptive will undergo this part of determining how a lot regulation is sweet and the way a lot will not be.” Together with main tech firms within the working teams could also be essential for balancing regulation and innovation. Representatives from main companies like Google and Microsoft will be a part of the teams, alongside nonprofit organizations and educational consultants, in line with Reuters.
