Shaping the future

: AI governance and its dynamic effect on India's AI competitiveness

Abstract

India's potential in Artificial Intelligence (AI) is significant, with a large skilled workforce and a growing AI industry. However, the lack of a comprehensive regulatory framework raises concerns about ethical AI development, data privacy, and potential misuse, impacting public trust and India's global competitiveness. This thesis employed a mixed-methods approach, combining a literature review of existing AI governance models with insights from semi-structured interviews with Indian AI experts and a public perception survey. The findings highlighted a strong desire for a robust, centralized regulatory framework that balances innovation with ethical considerations and data protection. Experts emphasized the need for increased investment in foundational AI research, collaborative policymaking involving government, industry, and academia, and a focus on mitigating potential biases and risks associated with AI deployment. This research challenges the assumption that stringent AI governance would hinder India's AI competitiveness, suggesting that a well-defined regulatory framework, tailored to India's unique socio-economic context, can foster public trust, attract investment, and position India as a leader in responsible AI development. The thesis concludes by offering recommendations for policymakers, industry leaders, and researchers to collaboratively shape a future where AI technologies contribute positively to India's growth and societal well-being.

Date of Award	24 Jun 2024
Original language	English
Awarding Institution	Universidade Católica Portuguesa
Supervisor	Peter V. Rajsingh (Supervisor)