India’s late entry into the artificial intelligence race could work in its favour, according to the Economic Survey. The Survey notes that early adopters who scaled AI when capital was cheap and regulation was limited are now locked into energy-intensive architectures, rising financial commitments and revenue models that remain uncertain.
As the size of these bets has grown, the Survey points out that risks have also increased. In advanced economies, discussions around government backstops have emerged as possible insurance against a broader fallout…
