Earlier, Prime Minister Modi on Tuesday said AI writing the code for humanity in this century by transforming politics and society, urging global cooperation to establish governance that addresses risks and fosters trust, as the European Union moves towards a more relaxed regulatory approach to remain competitive, following President Donald Trump’s removal of previous safeguards to pave the way for a new tech race.“AI is writing the code for humanity in this century… AI is developing at an unprecedented scale and speed. And being adopted and deployed even faster. There is also a deep inter-dependence across borders. Therefore, there is a need for collective global efforts to establish governance and standards, that uphold our shared values, address risks, and build trust,” Modi told the gathering of world leaders that included US vice president JD Vance, and Chinese vice-premier Zhang in his opening remarks.“While the positive potential of AI is absolutely amazing, there are many biases that we need to think carefully about,” Modi said.Laying a roadmap of what should entail the governance of AI, Modi called for promoting innovation, and deploying it for the global good. “So, we must think deeply and discuss openly about innovation and governance,” Modi said. “Governance is also about ensuring access to all, especially in the Global South. It is where the capacities are most lacking – be it compute power, talent, data, or the financial resource,” he said.Modi emphasized the need to create open-source systems that foster trust, build unbiased data sets, democratize technology, and develop people-centric applications, while also addressing cyber security, disinformation, and deep fakes, ensuring technology is deeply integrated into local ecosystems for maximum effectiveness. Stating that loss of jobs is AI’s “most feared disruption,” Modi said: “But, history has shown that work does not disappear due to technology. Its nature changes and new types of jobs are created. We need to invest in skilling and re-skilling our people for an AI-driven future.”Modi said India is developing AI applications for public good and is “ready to share its experience and expertise to ensure that the AI future is for Good, and for All.”This edition of the summit drew attention from world due to developments world-wide including President Trump’s decision to get rid of the guardrails has put pressure on the EU to adopt a more relaxed approach to AI regulation in order to help companies remain competitive in the tech race.The European Union’s digital chief, Henna Virkkunen, also pledged that the bloc would streamline its rules and implement them in a way that is more business-friendly. President Trump’s early actions on AI have highlighted the growing differences in the strategies to regulate AI between the United States, China, and the EU that the summit is trying to address. So far, the US and UK haven’t come around to sign a joint statement on the outcomes of the meeting. India, meanwhile, demands that the global south countries need to get a larger say in the AI governance architecture. “Only a multipolar world can ensure that AI develops with least bias,” External Affairs Minister Jaishankar told India-France CEO forum.
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