MeitY Union Minister Introduced An Advisory On AI regulations. Find Out The Key Highlights.

In the latest news for the startup culture in India, Union minister of electronics and technology, Rajeev Chandrasekhar on Monday took to the social media platform X to highlight the keys of the recently issued advisory on AI regulations. 

The step towards stipulating regulations on AI platforms came after Google’s AI,  Gemini described India’s prime minister Narendra Modi as a right wing fascist. Now, The controversy seems enough to make Indian administrators bind the AI companies with solid regulations. 

What’s the highlight of the regulations?

1. MeitY’s advisory highlights that AI companies must restrict their AI platforms showing bias, discrimination, or threats especially during the election process. This means they can’t use AI, generative AI, large-language models (LLMs), or similar algorithms in a way that could stir biased answers.
2. The advisory asks all AI Models, LLMs, generative AI software’s even those which are in testing to take govt.’s approval before deploying them on the Indian internet for users.

Although the advisory is not legally binding, Minister Chandrasekhar emphasized that it signals the future direction of regulation.

Chandrasekhar warned that failure to comply with the advisory could result in forthcoming laws and legislation that would make it challenging for platforms to evade regulation.

And the warning was enough to blow an outcry amongst the startup owners. To settle the voices of tensions, later IT minister Ashwini Vaishnav came to the front and confirmed that the advisory targets only the big-established companies and exempts the startups and certain sector-specific platforms. the minister said that the new advisory will not be applicable for platforms working in the healthcare and agriculture sectors. He, however, reiterated that social media platforms will come under the purview of the new mandates.  

As the number of regulations on AI is still not legally binding, will this step hinder the creativity of AI companies or will it allow them to strike a balance between creativity and security?