Global Leaders Affirm 'Welfare of All' Principles in AI Governance

Global Leaders Affirm 'Welfare of All' Principles in AI Governance.webp

New Delhi, February 21 As many as 86 countries and two international organizations have signed the AI Impact Summit declaration, IT Minister Ashwini Vaishnaw said on Saturday, adding that the US, UK, Canada, China, Denmark, and Germany are among the signatories.

The strong global support for the declaration comes at the conclusion of the India AI Impact Summit in New Delhi.

Vaishnaw told reporters that nations across the world have formalized and upheld the principles of "welfare of all, and happiness of all".

"Prime Minister Narendra Modi's human-centric AI vision has been accepted by the world. Democratizing Artificial Intelligence resources so that AI facilities, services, and technology can reach everyone in society has been accepted by all," the minister said.

Prioritizing the balance between economic growth and social good has been emphasized, he added.

"Not just economic growth, but social harmony has to be kept in mind. Safety and trust are at the core, and these have been highlighted," Vaishnaw said, adding that a secure, trustworthy, and robust AI framework has been focused on.

Other major areas of focus include innovation and development of human capital, he noted.

"For all these areas, all countries have agreed to work together. Almost all countries that participated, including the US, the UK, Canada, China, Denmark, Egypt, Indonesia, and Germany... everyone has participated," the minister said.

The mega AI Impact Summit secured investment commitments of over USD 250 billion in infrastructure alone, with Vaishnaw on Friday terming it a "grand success".

Vaishnaw had said that participation at the summit crossed five lakh visitors, reflecting strong domestic and global engagement with India's AI push.

The India AI Impact Summit brought together global policymakers, industry leaders, and technology experts, positioning India as a key player in shaping international AI governance and infrastructure development.

"More than five lakh visitors participated in the exhibition, learned a lot, and interacted with many experts from around the world. We had practically every major AI player in the world participating in large numbers. We had so many startups getting the opportunity to showcase their work. Overall, the quality of the discussion was phenomenal," he had said.

Whether it was the ministerial dialogue, the leaders' plenary, the main inauguration function, or the Summit overall, the quality of participation and dialogue was phenomenal, Vaishnaw had pointed out.

The investment pledges have crossed USD 250 billion for infrastructure-related capital and around USD 20 billion on VC/deep tech investments.

Vaishnaw had said that the Summit reflected the world's confidence in India's role in the new AI age.

Delhi hosted a lineup of global tech heavyweights this week – Google's Sundar Pichai, OpenAI's Sam Altman, Microsoft's Brad Smith, and Anthropic's Dario Amodei – as discussions spanned most intensely debated global topics in the tech universe, from AI's opportunities and risks, all the way to AGI, governance, and the future of jobs.
 
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