Description
The present technical report aims at recommending a legal structure for regulatory sandbox frameworks from for encouraging the testing and development of newer artificial intelligence technologies and for this purpose it deals with firstly, introducing the concept of regulatory sandboxes along with explicating its purpose, scope and benefits; secondly, showcasing how regulatory sandbox frameworks work in operation; thirdly, analysing the regulatory sandboxes which have already been implemented in the Indian sphere; fourthly, exploring the possibilities and sectors in which a regulatory sandbox for development of artificial intelligence technologies can be implemented; and lastly, providing recommendations on how a legal regulatory sandbox framework for the development of artificial intelligence technologies can be implemented in the Indian scenario.
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