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Current Affairs-Topics
India Rises to 5th in Global GenAI Innovation Rankings 2024
India ranks 5th globally in Generative AI (GenAI) innovations, with a high annual growth rate of 56%. India holds 3% of total global GenAI patents. |
Global GenAI Patent Landscape
- India ranks 5th in Generative AI (GenAI) innovations globally
- India surpasses UK (714 patents) and Germany (708 patents)
- India holds 3% of total global GenAI patents
- Highest annual growth rate in GenAI patent publications at 56%
Top 5 countries by GenAI patents:
1. China: 38,210 patents
2. United States: 6,276 patents
3. Republic of Korea: 4,155 patents
4. Japan: 3,409 patents
5. India: 1,350 patents (2014-2023)
India's GenAI Innovations and Growth
- 98% of India's GenAI patents filed domestically
- Significant increase in GenAI patenting since 2021
- Potential economic impact: $359-438 billion increase in GDP by 2030 (EY report)
- Cumulative impact of $1.2-1.5 trillion over next seven years
Notable Indian patents:
-
- Retail AI assistant solution by RN Chidakashi Technologies (Miko Robotics)
- GenAI tool for contract lifecycle management by Tata Consultancy Services
Global Trends and Technological Advancements
- Transformer models (2017) and ChatGPT (2022) accelerated GenAI patent activities
- GenAI patent publications rose from 4.2% of all AI patents in 2017 to 6.1% in 2023
- 25% of all GenAI patents and 45% of scientific papers published in 2023 alone
- OpenAI hasn't filed patents until 2023, reflecting non-profit origins
- GenAI patents expected to comprise 6.1% of all AI patents by 2023
Regulatory Framework and Government Initiatives
- Need for well-defined eligibility framework for AI-related inventions
- WIPO data shows maturity of China's patent regime (40,000+ patents filed domestically)
- Ministry of Electronics and Information Technology (MeitY) launched Global IndiaAI Summit on July 3, 2024
- Summit emphasized global approach to address AI risks and fostering international collaboration
- India's challenge: Creating an AI IP environment that balances innovation with legal and ethical considerations
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