MARKET & INDUSTRY

26 Jul 2021

State of Responsible AI in India - 2021

The report is based on a survey of Indian AI firms conducted by AIM Research in May 2021. The study provides a complete overview of where Indian enterprises stand in adhering to AI principles such as fairness, transparency, accountability, explainability, human control, etc.

This report will help enterprises and the overall Indian AI industry better their policymaking to ensure the safe and responsible development of AI.

The rapid advances in AI and its potential to make decisions and automate tasks significantly impact individual autonomy and change societies’ functions. Thus, it has become essential that we assess how AI is built and ensure that it is deployed in a manner that does not negatively impact individuals or societies.

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According to the report, Indian enterprises developing AI are making a considerable effort in adopting guidelines, frameworks, and other best practices but lack behind in conducting third-party audits or impact assessments of their AI systems.

Two-thirds of the Indian AI firms or 66.7% have adopted a formal risk evaluation or auditing framework, but only 6.9% have hired external auditors.

The report provides a thorough analysis of these AI enterprises across different parameters like the size of the data science unit, type of the firm, and headquarter location.

The reports’ findings show that larger firms perform comparatively better when documenting risk evaluation guidelines, adopting bias detection frameworks, ensuring safety, and hiring third-party auditors. However, they fall behind in conducting periodic human-rights impact assessments of their AI systems.

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