30/12/2023
Thank you everyone for your warm and heartfelt birthday wishes! My cup is full. 🙂🙏
As the year draws to a close couldn't have asked for a better birthday present. Inspired by the vision of the dynamic and very articulate Shri Rohit Kumar Singh
on we launched and presented the Framework for in the Age of . Exploring a new regulatory Framework which balances consumer rights, , , and builds capacity for , , companies and who care about the issues and would like to approach it in an equitable and transparent manner.
(AI) is now a key factor influencing consumer-focused enterprises. AI has a pervasive impact on everything from our product purchases to the services we receive.
But even with this surge of development, there are still problems ahead of us that need our attention and coordinated efforts to lessen. These difficulties range from the pervasive threat of possible biases to the opaqueness of AI algorithms.
The gravity of these challenges necessitates the establishment of a robust regulatory framework founded on multi-stakeholder collaboration. Enter GUARDIAN, a regulatory framework that sums together important ideas that can guide AI policy to protect consumers.
G - Guiding :
Transparency is critical at a time when AI algorithms are influencing consumer decisions more and more.
U - Unbiased :
The pervasive use of AI introduces the risk of algorithmic bias, potentially resulting in unfair treatment of certain consumer groups.
A - Advanced Privacy Protection:
The examination of enormous volumes of customer data is frequently crucial to AI's efficacy.
R - Robust Security Standards:
The interconnected nature of AI systems necessitates stringent security standards.
D - Digital Literacy and Education:
An informed consumer is an empowered consumer. As AI becomes increasingly integrated into our daily lives, it is imperative to educate individuals on how AI works and how it may impact their rights.
I - Intelligible and Accountable Systems:
Consumers deserve to understand the decisions made by AI systems that impact them.
A - Alignment with International Standards:
AI knows no borders, and regulatory efforts must reflect this global reality.
N - Necessary Enforcement Mechanisms:
A regulatory framework is only as effective as its enforcement mechanisms. Clear and stringent enforcement measures are essential to ensure adherence to AI regulations.
This , there is a need to commit to building a future where the benefits of AI are realized without compromising the rights and dignity of individuals. In doing so, we stand as guardians of consumer rights in the age of AI.
I write for
Read more: …vernment.economictimes.indiatimes.com/news/digital-i…
