The US-India Business Council (USIBC) under the US Chamber of Commerce has announced the formation of the Artificial Intelligence Task Force (AI-TF) to foster collaboration between India and the United States in the field of artificial intelligence (AI). The initiative aims to advance AI concepts and principles, promote the development and commercialization of AI technologies, and drive multistakeholder processes.
USIBC President Ambassador Atul Keshap referred to the AI-TF as a “game-changer” that is much needed in the rapidly evolving landscape of AI. The task force will harness the immense potential of AI to enhance competitiveness in both the US and Indian economies.
The establishment of the AI-TF builds on the US Chamber of Commerce’s existing AI principles and its endorsement of the Organisation for Economic Co-operation and Development’s (OECD) recommendations on AI. The task force will be instrumental in shaping a future where AI acts as a catalyst for progress, upholds shared values and democratic principles, and drives economic prosperity for both nations.
Industry leaders, including Kamal Ahluwalia, Todd Skinner, and Ed Knight, will lead the AI-TF. Ed Knight, Board Chairman of USIBC and Executive Vice Chairman of Nasdaq, believes that the task force will deepen the partnership between the US and India in terms of innovative and transformative technologies.
The US National Science Foundation Director, Sethuraman Panchanathan, emphasizes the importance of partnerships in developing a trustworthy and secure AI enterprise. He asserts that researchers must collaborate and share resources to achieve cutting-edge innovations while upholding shared values and principles.
The launch of the AI-TF is a significant step towards fostering collaboration and ensuring that AI is adopted in a principled and secure manner. Through collaboration and joint efforts, the task force will provide solutions to address various challenges, such as water challenges, and work towards creating a better future.
As the USIBC represents hundreds of global companies operating in the US, India, and the Indo-Pacific, it will leverage its platform to identify and advance key policy priorities in the field of AI. By bringing together industry leaders and experts, the AI-TF will drive advancements in AI technologies and contribute to the growth and development of both nations.
US-India Business Council (USIBC): An organization that operates under the US Chamber of Commerce and aims to promote business relations and collaboration between the United States and India.
Artificial Intelligence Task Force (AI-TF): A task force established by the US-India Business Council to facilitate collaboration between India and the United States in the field of artificial intelligence. The AI-TF aims to promote the development, commercialization, and adoption of AI technologies.
Artificial Intelligence (AI): The field of computer science that involves the development of intelligent machines that can perform tasks that would typically require human intelligence.
US Chamber of Commerce: A business lobbying organization representing the interests of businesses in the United States.
Organisation for Economic Co-operation and Development (OECD): An intergovernmental organization that aims to promote economic growth, trade, and well-being among member countries. The OECD has released recommendations on the development and use of AI.
Competitiveness: The ability of a country or organization to compete effectively in the global marketplace.
Multistakeholder processes: Processes that involve the participation and collaboration of multiple stakeholders, such as governments, businesses, and civil society, to address complex issues.
Partnership: A cooperative relationship between two or more parties with the goal of achieving mutual benefits.
Innovative and transformative technologies: Technologies that bring about significant changes and improvements in various aspects of society.
Trustworthy and secure AI enterprise: An AI system or organization that is reliable, accountable, and operates in a secure manner, ensuring the protection of data and privacy.
Water challenges: Issues related to water management, such as scarcity, pollution, and access to clean water.
Suggested related link: US Chamber of Commerce
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