As big data starts boosting AI growth, here are some recommended guidelines for India

With the varying degrees of privacy norms of each country, there is a significant impact on the amount of big data collected and utilised by private and public entities with regard to AI innovations. In China, low safeguards on personal data has resulted in an increase in AI innovations. Whereas in Europe, with the enforcement of the GDPR, there are increased privacy and security guidelines resulting in a negative impact on the growth of the AI sector. While acknowledging the need to intensify AI actions, India requires tailored guidelines which is a blend of international principles along with existing local privacy standards to achieve to an effective and responsible AI ecosystem. The curated blend of AI strategies is mandatory as India is currently investing in AI for its defence, legal and financial sectors.