The US-India Business Council (USIBC), a part of the U.S. Chamber of Commerce, has initiated the AI Task Force (AI-TF) to focus on advancing AI collaboration between the U.S. and India. The AI-TF aims to explore and promote various AI concepts, engaging diverse stakeholders while advocating the advancement and responsible utilization of AI technologies. 

Adhering to the AI principles of the Chamber of Commerce and endorsing the Organisation for Economic Co-operation and Development’s (OECD) recommendations on AI, the task force seeks to harness the potential of AI to enhance the economic strength of both nations and contribute to societal improvement.

More about the AI-TF initiative

USIBC President Ambassador Atul Keshap emphasized the significance of establishing the AI-TF during a dynamic period of AI evolution. “The AI-TF is a game-changer. Through this initiative, we seek to harness the immense potential of AI, propelling competitiveness in both the U.S. and Indian economies and our citizen-led societies,” Keshap added.

The objective is to leverage AI’s capabilities to drive progress, align with core values and regulations, and generate economic gains for both the U.S. and India. Key figures leading the task force include Kamal Ahluwalia, President at Ikigai Labs; Todd Skinner, President of International at TransUnion; and Ed Knight, Chairman of the USIBC Board and Executive Vice Chairman of Nasdaq. The task force is committed to advocating for the safe and ethical use of AI.

Dr. Sethuraman Panchanathan, Director of the U.S National Science Foundation, emphasized the need for collective action in addressing the evolving landscape of AI to ensure a  “trustworthy, safe, and secure AI ecosystem.”  

Panchanathan stressed the importance of researchers collaborating and sharing ideas in the rapidly changing field of AI to make valuable discoveries while adhering to shared values.

Matthew Pine, President and CEO of Xylem, underscored the significance of collaboration in addressing challenges, drawing parallels with Xylem’s Reservoir Center for Water Solutions. Pine expressed gratitude for the involvement of Director Panchanathan and the US-India Business Council in announcing the AI Task Force.