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1、IMF|Statistics1Responsible AI Readiness Index:A tool to track the progress and impact of Responsible AI.NOVEMBER 21,2024Liankhankhup GuiteDeputy Director,Indian Economic Service IMF|Statistics2INTRODUCTIONArtificial Intelligence(AI)-transformative force revolutionizing industries,economies,and socie
2、ties worldwide.Optimism for policymakers and regulators while raising concerns on privacy,security,labor markets,and social equity.AI misinformation and disinformation 2nd highest risk for 2024 by the World Economic Forums Global Risk Report 2024The IMF AI Readiness Index 2024 assesses countries pre
3、paredness to adopt and leverage artificial intelligence based on critical factors such as digital infrastructure,human capital,innovation,and regulation.The Government AI Readiness Index,produced by the Oxford Insights group,evaluates countries based on their capacity to implement and benefit from A
4、I technologies.The index assesses governance,infrastructure,innovation capacity,data availability,and education.IMF|Statistics3CHALLENGES WITH CURRENT AI INDICESThe above indexes focus on their foundational capacity and second-generation preparedness.IMF AI readiness index does not capture the exist
5、ence of Responsible AI formulation and its implementation in the legislation of AI Governance.The 4th pillar which attempts to captures regulation and ethics is primarily based on survey of perceptions and not accounting for actual regulations and laws in existenceA limited responsible AI has been a
6、dded to the governance pillar of the Oxford Government AI Readiness Index which assess the number of AI strategy papers published each year,Digital Capacity&AdaptabilityDoesnt exactly capture the process of Responsible AI adoption.IMF|Statistics4FRAMING RESPONSIBLE AI READINESS INDEXA“normative core