Guwahati: The Comptroller and Auditor General (CAG) of India, Girish Chandra Murmu, on Monday stated synthetic intelligence (AI) has the potential to contribute $15.7 trillion to the worldwide financial system by 2030, however raised considerations linked to its privateness and upkeep of ethics in audit.
“Democratisation of AI technology is inevitable. Today, we have reached a level where AI could contribute up to $15.7 trillion to the global economy by 2030. It has the potential to lead socio-economic growth and AI could be used to benefit citizens and the country through targeted and timely intervention,” he stated, whereas inaugurating the SAI20 delegates’ assembly of G20 that started right here on Monday.
A complete of 39 nationwide and worldwide delegates from G20 member Supreme Audit Institutions (SAIs), visitor SAIs and different worldwide organisations are attending the occasion.
Murmu stated AI had the potential to unravel points associated to areas like healthcare, retail, finance, agriculture, meals, water assets, atmosphere and air pollution, schooling, particular wants, transportation, power, public security, catastrophe administration and judiciary.
While he stated AI affords many alternatives, Murmu cautioned that it additionally raises considerations associated to transparency and equity. Murmu stated these points embody the impression of AI on privateness, bias and discrimination in AI programs, and insufficient understanding of AI algorithms by most people. “These problems are complex and interconnected, highlighting the need for responsible AI practices where the fairness of solution is ensured,” he added.
The CAG stated the cornerstone of accountable AI is ethics. “Ethics focused on safety and reliability, inclusivity and non-discrimination, equality, privacy and security, protection and reinforcement of positive human values,” he stated.
While recognising the significance of sustainability, development and function of rising applied sciences, he stated “Responsible Artificial Intelligence” and “Blue Economy” signify the new-age alternatives and considerations. He stated these underline the necessity for real cooperation to grasp the worldwide experiences.
While explaining the criticality of the precedence space of Blue Economy, the CAG stated Blue Economy is an financial system that encompasses a spectrum of coverage and operational dimensions geared toward conserving marine and freshwater environments whereas selling their sustainable use, producing meals and power, supporting livelihoods, and performing as a driver for financial development and welfare.
“Democratisation of AI technology is inevitable. Today, we have reached a level where AI could contribute up to $15.7 trillion to the global economy by 2030. It has the potential to lead socio-economic growth and AI could be used to benefit citizens and the country through targeted and timely intervention,” he stated, whereas inaugurating the SAI20 delegates’ assembly of G20 that started right here on Monday.
A complete of 39 nationwide and worldwide delegates from G20 member Supreme Audit Institutions (SAIs), visitor SAIs and different worldwide organisations are attending the occasion.
Murmu stated AI had the potential to unravel points associated to areas like healthcare, retail, finance, agriculture, meals, water assets, atmosphere and air pollution, schooling, particular wants, transportation, power, public security, catastrophe administration and judiciary.
While he stated AI affords many alternatives, Murmu cautioned that it additionally raises considerations associated to transparency and equity. Murmu stated these points embody the impression of AI on privateness, bias and discrimination in AI programs, and insufficient understanding of AI algorithms by most people. “These problems are complex and interconnected, highlighting the need for responsible AI practices where the fairness of solution is ensured,” he added.
The CAG stated the cornerstone of accountable AI is ethics. “Ethics focused on safety and reliability, inclusivity and non-discrimination, equality, privacy and security, protection and reinforcement of positive human values,” he stated.
While recognising the significance of sustainability, development and function of rising applied sciences, he stated “Responsible Artificial Intelligence” and “Blue Economy” signify the new-age alternatives and considerations. He stated these underline the necessity for real cooperation to grasp the worldwide experiences.
While explaining the criticality of the precedence space of Blue Economy, the CAG stated Blue Economy is an financial system that encompasses a spectrum of coverage and operational dimensions geared toward conserving marine and freshwater environments whereas selling their sustainable use, producing meals and power, supporting livelihoods, and performing as a driver for financial development and welfare.
