Abstract

Every Sector is enhancing and developing their technologies to get maximum output, and actively embracing the implementation of Industry 4.0 (I4.0) concepts and technologies as much as they can, which offer the potential to achieve efficient and timely production by digitizing processes and utilizing intelligent machines. This transition is propelled by advancements in technology, such as Artificial Intelligence (AI) and machine learning, sensor networks and Internet of Things technologies, cloud computing, additive manufacturing, and the abundance of data that can be leveraged by these technologies. The use of AI has presented several significant obstacles in every sector, including data sensitivity, a shortage in technical abilities, interoperability issues, privacy concerns, and security challenges. This study analyses the policies and legislation of the United States, China, the European Union, and India. The inaugural AI regulatory guideline was provided by the Trump administration in the United States in 2019. The Plan of Next Generation AI Development 2017, presented by the State Council of China in 2017, presents a comprehensive outline of future AI policy and outlines the essential factors that Chinese officials should consider when executing departmental responsibilities. The EU government introduced the AI ACT 2023 in 2023. The primary objective is to safeguard essential rights, democracy, the rule of law, and environmental sustainability from the perils of high-risk AI, while simultaneously fostering innovation and positioning Europe as a frontrunner in this domain. The rule imposes responsibilities on AI based on its possible hazards and magnitude of influence. The developing Technologies Division of the Ministry of Electronics and Information Technology in India is actively engaged in supporting policy and strategy documents pertaining to developing sectors such as AI, Augmented Reality/Virtual Reality (AR/VR), Internet of Things (IoT), Blockchain, Robotics, Computer Vision, Drones, and others. However, India still lacks comprehensive regulatory frameworks. In the conclusions section, the authors give an analysis of India’s deficiency in implementing SI technology and highlight the necessity for India to adopt various methods from the European Union, China, and the United States.

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