India has no plans to limit AI's 'significant and strategic' potential after some experts call for pause

FOX Business correspondent Lydia Hu has the latest on jobs at risk as AI further develops on'America's Newsroom.' India has no plans to regulate the use and development of artificial intelligence (AI), calling the technology and its potential uses "significant and strategic" for the nation. The Indian Ministry of Electronics and IT released a statement on Wednesday in which it detailed the country's position regarding the development, potential and dangers of AI – a topic of increasing concern and interest after hundreds of industry experts signed a letter calling for a pause in development. The ministry also wrote that it "further believes that AI will have kinetic effect for the growth of entrepreneurship & business and Government is taking all necessary steps in policies and infrastructure to develop a robust AI sector in the country." India aims to position itself as a global leader on AI to "ensure responsible and transformational use of AI for all."