https://www.taxtmi.com/news?id=69087 The Economic Survey warns that control over data, compute, and foundational models is concentrated in few firms, limiting India's ability to pursue frontier models; it recommends prioritising application-specific, domain-oriented AI and paced diffusion to facilitate labour augmentation, while adopting governance measures-including incentives for data localisation, human-capital investment, and domestic model development-to ensure economic value accrues within India. en-us Thu, 29 Jan 2026 19:16:04 +0530 Thu, 29 Jan 2026 19:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69087 The Economic Survey warns that control over data, compute, and foundational models is concentrated in few firms, limiting India's ability to pursue frontier models; it recommends prioritising application-specific, domain-oriented AI and paced diffusion to facilitate labour augmentation, while adopting governance measures-including incentives for data localisation, human-capital investment, and domestic model development-to ensure economic value accrues within India. News - Thu, 29 Jan 2026 19:16:04 +0530 https://www.taxtmi.com/news?id=69087