Home Prepare For Auditing AI-Based Governance Systems

Prepare For Auditing AI-Based Governance Systems

Share
Share

Prepare For Auditing AI-Based Governance Systems 

As artificial intelligence (AI) makes “greater inroads” into governance, Comptroller and Auditor General of India Girish Chandra Murmu stated on Monday that Supreme Audit Institutions must inevitably prepare themselves for auditing AI-based governance systems and look for opportunities to incorporate AI into their audit techniques to increase their effectiveness.

Addressing the second SAI20 Summit of the SAI20 Engagement Group under the Indian Presidency of G20, Murmu said, “The reality of Artificial Intelligence has come a long way since the term was first coined in 1956 by John McCarthy at a workshop held in Dartmouth. Today, it is an integral part of our lives, whether we realise it or not. There is a curiosity and belief that AI can help countries achieve development goals, impacting economic growth while simultaneously disrupting labour markets.”

Amitabh Kant, India’s G20 Sherpa, also spoke at the SAI20 Summit, which will cover two topics over two days: the Blue Economy and Responsible AI.

Highlighting the need for responsible AI, Murmu said, “Considering the power, possibility and perils of AI, it is essential that policy makers put in place processes to responsibly harness the potential of this technology.”

(With inputs from Shikha Singh)

Share

Latest News

News
"Polygon’s Rio Upgrade Boosts Network To 5,000 TPS For Global Payments | 3.0 TV (3versetv)"

Polygon’s Rio Upgrade Boosts Network To 5,000 TPS For Global Payments

Polygon Labs has rolled out the Rio upgrade on mainnet, marking the network’s biggest step toward becoming a high-speed payment layer. Rio...

News
UK Regulator Lifts Ban On Crypto ETNs | 3.0 TV (3versetv)

UK Regulator Lifts Ban On Crypto ETNs, Opening Market To Retail Investors

In a landmark decision, the UK Financial Conduct Authority has ended its three-year ban on crypto exchange-traded notes, allowing retail investors to...

News
SWIFT Partners with Ethereum: ConsenSys Building Blockchain Prototype, Confirms Joe Lubin

SWIFT Partners with Ethereum: ConsenSys Building Blockchain Prototype, Confirms Joe Lubin

Ethereum co-founder and ConsenSys chief Joseph Lubin, announced on Bloomberg Crypto that ConsenSys is building the prototype for SWIFT’S blockchain based shared...

News
Coinbase Gains Approval To Offer Staking In New York | 3.0 TV (3versetv)

Coinbase Gains Approval To Offer Staking In New York

Cryptocurrency exchange Coinbase has received approval from New York regulators to offer staking services to local residents, allowing them to earn rewards...

Latest Blogs

3.0 TV (3versetv): Your Gateway to the Future of Web3, Blockchain, and AI News

The internet’s future is being reshaped by Web3 Blockchain and Artificial Intelligence (AI) through 3.0 TV (3versetv) which delivers authentic fast and...

EU Eyes Ban on Multi-issuance Stablecoins: Implications for Crypto and Payments

On 30th September 2025, the European Systemic Risk Board under the European Union made a daring recommendation to ban multi-issuance stablecoins, which...

Bitcoin Spot vs. Derivatives Trading: What’s the Difference?

Why This Matters for Traders? Bitcoin traders who want to start trading need to understand the distinction between spot trading and derivatives...

Crypto Job Scams: How Hackers Trick Applicants and How to Stay Safe

The Rise of Crypto Job Fraud The rising interest in cryptocurrencies and blockchain technology has attracted scammers who exploit job seekers’ enthusiasm...

Related Articles

3.0 TV (3versetv): Your Gateway to the Future of Web3, Blockchain, and AI News

The internet’s future is being reshaped by Web3 Blockchain and Artificial Intelligence...

EU Eyes Ban on Multi-issuance Stablecoins: Implications for Crypto and Payments

On 30th September 2025, the European Systemic Risk Board under the European...

Bitcoin Spot vs. Derivatives Trading: What’s the Difference?

Why This Matters for Traders? Bitcoin traders who want to start trading...

Crypto Job Scams: How Hackers Trick Applicants and How to Stay Safe

The Rise of Crypto Job Fraud The rising interest in cryptocurrencies and...