Policy and Regulatory Implications: AI
Keywords:
AI Governance, Ethical AI, Global AI Policy, AI Risk and Liability, Responsible AI InnovationAbstract
Artificial Intelligence is no longer a futuristic vision rather it is here because of revolutionizing industries, rewriting economic models, and upsetting traditional models of governance. With nations racing to tap the potential of AI, the relevant question has moved from how to regulate AI to how to regulate AI in a manner that does not kill the goose that lays the golden eggs. In this paper, the various models of AI governance in India, China, and the European Union (EU) are analyzed, with India’s innovative but patchy regulatory landscape, China’s state-led AI dissemination for surveillance and control, and the EU’s strict, risk-based AI Act for ethics, transparency and accountability. The research finds substantial regulatory challenges in the fields of data privacy, algorithmic bias, liability, and ethics oversight, and emerging solutions through AI sandboxes, crossborder compliance frameworks, and increasingly sophisticated public-private partnerships. As the line between human and machine decision-making becomes increasingly blurred, this paper calls for a single, global model of AI governance that conforms to OECD and UN benchmarks, sets rigorous liability regulations, and ensures AI as a facilitator of equity and not exploitation. The future of AI
regulation is more than rule- making; it is the construction of an AI-driven society that fosters fairness, transparency and the dignity of human beings. AI’s potential as a tool to advance or a means of unbridled power depends on the choices we make today. This paper envisions a future where AI serves humanity and not the other way around.
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