The fear of artificial intelligence (AI) endangering human existence is not new. Since AI first began making waves, experts have expressed concern about this technology that can hypothetically even gain sentience one day. In 1950, American writer Isaac Asimov published his book "I, Robot", which explored this theme. Then, in 1984, James Cameron's film The Terminator took the stage and showcased the killer AI that caused the apocalypse. However, in 2023, those who are expressing concerns are entrepreneurs that are working with this technology, governments, and AI scientists themselves. Recently, one AI expert stated that AI will cause the first extinction event for humans by triggering events such as nuclear war and virus outbreaks.
Data Protection Bill pioneers enhanced privacy and security for all - 10 top points
27.07.2023 - 11:33 / tech.hindustantimes.com
By Sandeep Gupta, Managing Director, Protiviti Member Firm for India
In the era of digitalization, data has become the bedrock of modern economies, propelling technological advancements and reshaping industries on a global scale. With its growing population and rapidly expanding digital infrastructure, India stands at the forefront of this data-driven revolution. However, as the country embraces the opportunities presented by data-driven technologies, addressing data privacy concerns has become paramount.
Data privacy represents a fundamental right of every individual, empowering them to retain control over their personal information and dictating how it is collected, stored, and utilized. In recent years, India has witnessed a surge in attention towards data privacy issues, driven by the exponential growth of internet users, e-commerce platforms, social media, and digital payment systems.
Taking proactive measures to tackle data privacy challenges, the government is on the correct path as it has approved the Digital Personal Data Protection Bill in the Union Cabinet. This legislation aims to establish a comprehensive framework for data protection, defining the rights of individuals and the responsibilities of data processors and controllers. Moreover, it endeavors to strike a delicate equilibrium between fostering innovation and safeguarding the privacy of citizens.
The bill will have significant impact on the ways of working across key sectors such as BFSI, Healthcare & Lifesciences, IT/ITES, Energy, Manufacturing, Consumer products, hospitality as well as Global capability centres (GCC). Further, the impact from a readiness perspective will be more on the SMB segment compared to MNCs which would have already been exposed to global privacy regulations such as GDPR, CCPA and others. Further, considering the adoption of emerging technologies such as AI/ML, Metaverse and IOT, there will be a need to carefully align to the requirements of the bill while ensuring that functionality and business results are not impacted.
Applicability and Scope: The scope of this legislation is limited to personal data that is either obtained within the borders of India through online channels or initially acquired offline and later digitized. Therefore, offline personal data, data that remains non-digitized, data processed for personal or domestic purposes, or data that has been in existence for over a century will be exempt from the provisions of this law. Additionally, the legislation will extend its scope to include the processing of digital personal data outside the territorial boundaries of India, but only if such processing is related to profiling or offering goods or services to individuals (Data Principals) residing
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