New Delhi: The fear of AI takeover and its harmful effects reasonably exists, but India's potential to seize the opportunity outweighs it, MEITY secretary said on Wednesday.

While delivering a keynote address at the World AI Summit in India, Electronics Minister and IT Secretary S Krishnan said that the risks of AI are much more exaggerated in the western side of the world.

Krishnan said that there is hope, expectation and potential in India, driven by its education system, and that much of the previous work in AI, adapting AI and creating applications can be done in India much more. cheaper than other places.

"That possibly represents an opportunity for Indian youth and in some ways replaces a proportion of Indian jobs with better, better-paying jobs than there are today," Krishnan said.

He said it could be a compensation for India here, although it may be a real cause of concern for other parts of the world.

Speaking about the social and personal harms of AI, such as phishing, misinformation, disinformation and invasion of privacy, he said those are real fears the world will have to live with.

"Those fears are much more real in democracies than in other countries... that's where security barriers, regulations of some kind and declarations become important," he said.

When you have a lot of disinformation or false information, the crucial thing you need is to have a mechanism by which you can identify the correct information, he said.

He added that it could also affect democratic rights.

Democracy is about people being able to make decisions based on correct information, and if that information is false, then it is a serious concern, he said.

He said everyone tends to view technology with a lot of suspicion when it first emerges, and most believe it could practically be the end of the world.

"We have had several moments in industrial history when we have been very afraid of the impact that technology will have, how it will change our lives and what it can do to all of us.

"There was a time during the first industrial revolution when people were opposed to the advent of new technologies," Krishnan said.

But equally, they have always been enthusiasts of new technologies, and that has led to many technological changes, developments and progress in human history, Krishnan said.

Referring to the Hollywood film Oppenheimer, Krishnan said he remembers what can happen with the emergence of new technologies, particularly if nuclear fusion is unleashed, and the impact it could have.

He said the fusion versus fission argument still exists.

"But in the end, we finally adopted that technology, and the barriers or guidelines for using that technology were also established. There were international treaties and conventions," he said.

There are lessons for us in terms of how technology can be "utilized and not unleashed," he added.