This law seeks to regulate and encourage the ethical and responsible development of this technology.
What are the key aspects of the policy?
Talent development: AI education and training programs to ensure that the workforce is prepared for technological challenges.
Risk-based regulation: a forthcoming bill was announced that will seek to regulate the development and use of AI, focusing on risks associated with fundamental rights, such as privacy, and potential bias.
Technological infrastructure: financing of up to USD 7 million for projects that strengthen the supercomputing infrastructure.
What are the implications for companies?
Technology companies will have new opportunities to partner with universities and research centers.
Sectors such as healthcare, mining and utilities could benefit from funding for AI-based projects.
Regulation can be a challenge for startups as compliance requirements increase.
New National Policy on Artificial Intelligence (AI): Official Gazette
