India's Ministry of Electronics and Information Technology has released a new report, "Impact, Opportunities and Challenges of Generative Artificial Intelligence". Artificial intelligence, as a field of research and technology, has been around for more than half a century with varying degrees of progress and success. The origins of machine learning and deep learning, driven by huge pools of data and advances in semiconductors and the internet, brought the most significant leaps in the first decade of this century, giving us fascinating AI programs such as AlphaGo and AlphaFold. As generative AI tools become increasingly common, and tech companies like Microsoft and Google race to integrate these models into their search and enterprise products, we’ve reached a point where AI — and generative AI in particular — is having a significant impact on our daily lives. Considering the growing influence of generative AI, INDIAai, the national AI portal of the Government of India, conducted extensive research and held three roundtables inviting some prominent voices in generative AI, AI policy, AI governance and ethics, and with the academic community to analyze the impact, ethical and regulatory issues, and opportunities it brings to India. In the past few years, generative AI technology has exploded, from complex language models (such as GPT-3) to image generation models (such as DAL-2). In 2028, AI investment will reach $422.37 billion, with a compound annual growth rate of 39.4%. Experts believe that generative AI will play a key role in driving AI innovation and investment in the next decade. Generative AI tools, which primarily focus on low-cost and high-value solutions, are considered the future of generating text, images, and even code, sometimes indistinguishable from human creation. As these technologies develop, we need to anticipate the risks that come with them. |
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