The just concluded Paris AI Action Summit, underscored the urgency of balancing government regulations and self-regulation in AI. The summit resulted in a common statement emphasizing global AI cooperation, ethical AI development, and responsible deployment.
However, the United States and the United Kingdom chose not to sign the agreement, citing concerns over potential overregulation hindering innovation.
Among the world leaders present, Indian Prime Minister Narendra Modi took a pivotal stance, emphasizing that AI should be harnessed for the greater public good and not be dictated solely by corporate interests or regulatory burdens. He highlighted India’s commitment to ethical AI, advocating for global cooperation to establish transparency, accountability, and inclusivity in AI development.
The Summit also highlighted a global divide in AI governance. While nations like France, India, and China supported a framework for “inclusive and sustainable AI,” countries like the U.S. and U.K. remained hesitant, fearing that stringent regulations might stifle innovation. Prime Minister Modi took a firm stand, insisting that ethical AI must remain at the forefront of global policy discussions.
Governments may draft regulations, and companies may set policies, but true AI ethics must be driven by individuals, by societies, and most importantly, by the next generation.
Self-regulation, grounded in ethical awareness and a human-centric vision, is the bedrock on which AI must stand. This principle aligns seamlessly with our corporate mission—to develop AI as a force for real-world societal transformation, bridging the digital divide.
Taking this mission a step further, I felt the need to translate it into action at a stage where young minds are being shaped. A few years ago this prompted me to plant the seeds of a future-driven initiative-to establish the Centre of Excellence for AI & Robotics at Mayo College, Ajmer,
On a recent visit to the school, I found it deeply gratifying to engage with students who are already exploring and applying AI and robotics to address societal challenges. Witnessing their enthusiasm reaffirmed my vision—one that is now moving into the next phase, a state-of-the-art facility designed to embody the look and feel of the future.
My aspiration is for this centre to evolve into a pioneering hub—not only equipping students with cutting-edge AI and robotics expertise but also instilling in them the wisdom to wield technology responsibly, ethically, and for the greater good, an imperative for Leaders of tomorrow.
Building Ethical AI Leaders for Tomorrow
– Teach AI with Purpose – Instead of just training algorithms, students will be encouraged to build solutions for real-world societal challenges.
– Instill Ethical Decision-Making – Every AI application developed will be assessed not just on its performance, but on its impact on society.
– Bridge the Digital Divide – By empowering students to create AI-driven solutions for education, healthcare, and sustainability, we ensure that AI benefits all, not just the privileged few.
A Call to Action: Investing in the Future “Centre of Excellence for AI & Robotics”
The New Centre of Excellence for AI & Robotics at Mayo College would not just be a place of learning—it is a platform for change. A space where the leaders of tomorrow will learn to balance technological ambition with ethical responsibility.
The real impact of AI will not be measured by the speed of its advancement but by the wisdom with which it is used.
Deep Kapuria is the Chairman of The Hi-Tech Group of Companies comprising The Hi-Tech Gears, The Hi-Tech Engineering Systems, The Hi-Tech e-Soft, and Novus Hi-Tech Robotic Systemz. The Group has manufacturing, R&D and engineering facilities in India, Canada and USA. He is also the Past Co-Chair of Digital Economy and Industry 4.0 Task Force of B20, 2018 Argentina and Past Co-Chairman, CII National Committee on International Trade & Trade Policy.
