🇮🇳 Indian govt withdraws advisory mandating approval for new AI products
The Ministry of Electronics and Information Technology (MeitY), in a fresh advisory issued on March 15, scrapped the requirement for seeking government approval before launching #artificial intelligence (AI) products to the public. This follows widespread backlash from the industry. The IT ministry said that the advisory issued on March 15, under the IT Act 2000 and IT Rules 2021, supersedes the March 1 advisory where it had directed platforms to take "explicit permission" of the Centre before deploying "under-testing/unreliable" $AI models, etc. The fresh advisory does not contain any such provision.#BTC #ETH #sol