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Debjani Ghosh, president of Nasscom, warns that excessive focus on regulations will hinder India's AI potential. Less than 35% of companies worldwide effectively use AI, and thinking of AI with fear prevents its deployment at scale. Unlocking AI potential is crucial, and a change in the regulation mindset is needed.
Ai Regulation: Debjani Ghosh, president of Nasscom, warns that excessive focus on regulations will hinder India's AI potential. Less than 35% of companies worldwide effectively use AI, and thinking of AI with fear prevents its deployment at scale. Unlocking AI potential is crucial, and a change in the regulation mindset is needed.
The industry body has also appointed Krishnan Ramanujam as its Vice-Chairperson. The new council will play a strategic role in enabling India's tech sector. New Delhi, Apr 22 (PTI) IT industry body Nasscom on Thursday said it has appointed Accenture in India Senior Managing Director Rekha Menon as its Chairperson for 2021-22. She is the first woman to take on the role of Chairperson for Nasscom in the association's 30-year history. Menon will take the position from her previous role as Vice-Chairperson, succeeding UB Pravin Rao (Infosys Chief Operating Officer). Rao served as the Chairman of...