Generative AI is a relatively new phenomenon, and a fine balance must be struck between innovation and regulation to safeguard social structures and ensure progress, Union Minister for Electronics and IT Ashwini Vaishnaw said on Wednesday. Speaking at a seminar by Women Journalist Welfare Trust, the minister said while technology and AI are making lives easier with transformative powers, if left without safeguards they also pose a downside risk to age-old established structures, and hence a new set of regulations and legislations are required. "There is a very risky side, which is affecting our society, democracy, and many of the social structures that were meticulously built over decades and centuries. Many of the institutions that were meant to protect society and make sure that we all live in a harmonious way are under attack," he said. The minister said despite existing in the industrial world for three decades, AI as a generative AI, that can be used by a normal user, is a new
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