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“Artificial Intelligence is not a substitute for human intelligence; it is a tool to amplify human
creativity and ingenuity”.
- Fei Fei Li
The technological advancements in today’s society is what has led the generation far more
advanced and compact. The use of AI(also known as Artificial Intelligence) has set the bar
more advanced in making research tools and productivity a lot easier. The rapidly advanced
capabilities of AI have made ground-breaking functionalities towards a safe and ethical use of
these technologies. The argument that lies here is that whether AI is the upcoming emphasis on
Tech Policy. In 2022, the launch of ChatGPT turned the tables to a new era in democratizing
the use of Artificial Intelligence. It’s objective was to promote innovation and ensure a safe,
fair and ethical application of technology in critical areas such as Healthcare, Education,
National Security etc. and address the concerns for better governance leading to an organized
framework of AI. This Framework was based on five key areas which are: i) Innovation, ii)
Infrastructure, iii) Safety and Risk Management, iv) Privacy Protection. These areas
at a greater stage. It also helped in the development of standards and ensuring that AI Models
have been properly assessed for safety and risk, maintaining a level of transparency and fairness
in the AI developing world. As a matter of fact, Artificial Intelligence have been an emerging
topic in the policy interest as most countries have started to launch their national AI strategies
in order to articulate public action in respective jurisdictions while emphasizing the need on AI
development. The Policy Aims have garnered widespread interests to ensure that AI
technologies can be applied to industrial processes as many sectors can benefit from the use of
AI solutions and enhanced predictive capacity. The responsibilities of AI Policy have started to
distribute, reflecting the arrangements of policy innovation and nurturing the future of AI in an
effective manner. It is considered of utmost importance that future policies should be able to
understand what is essentially regarded for a positive implication of the usage of Artificial
different way. We may also look at how the legal implication of the Digital Personal Data
Protection Act, 2023 has helped in addressing concerns of AI and enhance its functionality. The
availability of data and an efficiency in its algorithm. During the early 2010s, machine learning
had made a transitioning progress followed by a rapid shift in AI Models, improvising the scope
of application. AI adoption for Small and Medium Sized Firms(SMEs) can generate a lot of
benefits, resulting in cost efficiency and productive gains and an increased ability to counter
complex challenges and building a decision-making capacity and increasing the innovation
opportunities. Also, the concern relating to financing can be addressed based on evidences
pertaining to the investment of AI business applications while emphasizing on this fact that the
policy makers should ensure a proper functioning of knowledge markets that can provide
solutions to implement AI Technology insights and share knowledge to scale up the capacity
of these small and medium sized firms and business enterprise to develop AI solutions and