Closing the EU and India's "AI Gap": Joint Investment Schemes for Artificial Intelligence Development and Governance
Abstract
Though the EU and India are huge prospective markets for artificial intelligence (AI) technologies, they are lagging behind the two superpowers in research and development (R&D). However, both Brussels and New Delhi have clearly stated that the agenda surrounding AI - not only R&D, but also its governance and social impacts - are among their core policy priorities.
The two sides have released official strategies and reports aiming to tackle the difficult issues of building "responsible", "human- centered" and "ethical" AI and to reassure the public that AI in people's everyday lives - and when employed by the governments - will be safe, transparent and dedicated to upholding democratic values.