U.S.-India Business Council Unveils AI Task Force, Strengthening Leadership in Artificial Intelligence

The U.S.-India Business Council (USIBC) made a significant stride in advancing collaboration between India and the United States in the realm of artificial intelligence (AI) with the launch of the Artificial Intelligence Task Force (AI-TF). This initiative, announced on Wednesday, aims to align the leadership of both nations in driving advancements and fostering a secure AI ecosystem.

USIBC Unveils AI-TF:

In a press release, the USIBC unveiled the objectives of the AI-TF, emphasizing its role in advancing AI concepts and principles, driving multistakeholder processes, and promoting the development and commercialization of AI technologies. The task force draws inspiration from the Chamber of Commerce's AI principles and the endorsement of the OECD's recommendations on AI.

Strategic Focus:

Atul Keshap, President of USIBC, highlighted the strategic focus of the AI-TF, stating, "The AI-TF is a game-changer, especially needed amid the rapidly evolving landscape of artificial intelligence." He emphasized the initiative's goal of harnessing the immense potential of AI to propel competitiveness in both US and Indian economies and citizen-led societies.

Joint Vision of India and the U.S.:

Keshap underscored the joint vision of India and the U.S. to forge a future where artificial intelligence serves as a catalyst for progress, driving advancements that uphold shared values and democratic principles.

Support from Industry Leaders:

Industry leaders, including Ed Knight, Executive Vice Chairman of Nasdaq, and Sethuraman Panchanathan, Director of the U.S. National Science Foundation, expressed their support for the initiative. Knight hailed the creation of USIBC's AI-TF as a major step towards fostering a deeper partnership in transformative technologies, emphasizing the importance of a principled approach to AI adoption.

Panchanathan described the partnership as pivotal for shaping a future characterized by a "trustworthy, safe, and secure AI ecosystem," stressing the rapid pace of AI development and the necessity for collaborative efforts to drive cutting-edge innovations.

USIBC's Role:

The U.S.-India Business Council USIBC, representing leading global companies operating across the United States, India, and the Indo-Pacific region, plays a crucial role in identifying and advancing key policy priorities. With offices in Washington DC and New Delhi, the USIBC collaborates with its members to drive initiatives like the AI-TF that contribute to bilateral cooperation and technological advancement.

USIBC's Impact

• Representing leading global companies: USIBC acts as a bridge between US and Indian businesses, advocating for policies that promote AI innovation and responsible development.

• Collaborating with members: The council works closely with its members to identify key challenges and opportunities in the AI landscape, formulating policy recommendations and fostering collaboration.

• Building a stronger Indo-Pacific region: The initiative aims to bolster AI leadership not only in the US and India but across the broader Indo-Pacific region, fostering economic growth and stability.

A Look Forward

The launch of the USIBC AI Task Force marks a promising step towards responsible and collaborative AI development, leveraging the combined strengths of the US and India. As AI continues to reshape our world, this initiative holds the potential to shape a future where AI serves as a force for good, driven by shared values and ethical principles.

In conclusion, the launch of the AI-TF by USIBC signifies a significant step towards fostering collaboration between India and the United States in the field of artificial intelligence, driving advancements, and promoting a secure and principled AI ecosystem.