The target of the proposed examine is to collect insights from all related stakeholders, to develop a complete understanding of the evolving panorama of AI and software of AI in markets in India.
The examine — which has seven important targets — is anticipated to assist form the methods of the CCI aimed toward fostering innovation and truthful competitors. It is going to deal with all competitors associated features inside the AI ecosystems (together with generative AI ecosystem) and the potential affect of software of AI on competitors, effectivity and innovation in key consumer industries.
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Put merely, AI is a constellation of applied sciences that allow machines to behave with increased ranges of intelligence and emulate the human capabilities of sense, comprehend and act. AI is rising as a brand new issue of manufacturing, augmenting the normal elements of manufacturing viz. labour, capital and innovation and technological modifications captured in complete issue productiveness.
The transformative capabilities of AI have important professional aggressive potential, each on the provision and demand facet. On the identical time, there could also be considerations with regard to potential competitors dangers stemming from the usage of AI.
The proposed examine will probably be a information constructing train to develop an in depth understanding of the rising competitors dynamics within the improvement ecosystem of AI programs and implication of AI purposes for competitors, effectivity and innovation in key consumer industries.
CCI has mounted June 3 because the final date for submission of bids for the Request for Proposal (RFP) issued on Monday.
The pre qualification standards stipulate that the Company will need to have a minimal 5 years of expertise and now have a minimal annual turnover of ₹ 50 crore throughout every of the three monetary years: FY2020-21, FY2021-22 and FY’2022-23.
Additionally, the Company will need to have accomplished a minimal of 5 research/initiatives (AI associated/tech coverage associated/competitors associated/ sectoral research for coverage functions) within the final three monetary years.
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CCI Chairperson Ravneet Kaur had in January this yr mentioned that CCi would quickly float a young for conducting a examine on the affect of Synthetic Intelligence (AI) on companies and providers. She had additionally then emphasised {that a} regulator can’t take a “one dimension matches all” interventions in technological markets, which required nuanced assessments.
The seven targets of the Research embody analyzing the rising and potential competitors points in these markets/ecosystems, if any; examine the scope and nature of AI purposes/use circumstances and assess related alternatives, dangers and ramifications from a contest standpoint and to grasp the prevailing and evolving regulatory/authorized frameworks governing AI programs and purposes in India and different main jurisdictions.
The scope of the proposed examine contains ascertaining the market dimension, development pattern, market focus in every layer/stage of those AI improvement ecosystems; entry obstacles in these markets and what are the important thing inputs/assets that decide the tech firms’ aggressive skill to enter into and develop in these markets. Additionally the Research must assess to what extent are incumbency benefit, knowledge benefit and community results related in AI improvement/provide markets.
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