CURRENT AFFAIRS

Detailed explanation-1: -India has joined the Global Partnership on Artificial Intelligence (GPAI or Gee-Pay) as a founding member along with leading economies, including the US, the UK, the EU, Australia, Canada, France, Germany, Italy, Japan, Mexico, New Zealand, Republic of Korea, and Singapore.

Detailed explanation-2: -India joined the GPAI in 2020 as a founding member. Artificial Intelligence is expected to add 967 billion US dollars to the Indian economy by 2035. It is also expected to add 450 to 500 billion US dollars to India’s GDP by 2025 accounting for 10 per cent of the country’s 5 trillion dollar GDP target.

Detailed explanation-3: -On Monday, India took over the chair of the Global Partnership on Artificial Intelligence for 2022-23 at the meeting of the body in Tokyo, from France, which is the outgoing Council Chair.

Detailed explanation-4: -Why in News? Recently, India has been handed over the presidency Global Partnership on Artificial Intelligence (GPAI) for 2022-23 by the outgoing Council Chair, France in its 3rd Annual Summit in Japan. This development comes on the heels of assuming the Presidency of the G20, a league of the world’s largest economies.

Detailed explanation-5: -The founding members are: Australia, Canada, France, Germany, India, Italy, Japan, Mexico, New Zealand, the Republic of Korea, Singapore, Slovenia, the UK, the US, and the EU. The G7 countries in GPAI are Canada, France, Germany, Italy, Japan, the UK, and the US.