The draft Digital Competition Bill, 2024 is so heavily influenced by European regulation that it feels like yet another example of premature imitation. Which is strange considering that we can so easily leverage our DPI to deliver much more nuanced outcomes.
Artificial Intelligence has the potential to significantly enhance our digital public infrastructure by bringing variety to a DPI approach that has so far been optimised for standardisation.
For the longest time, questions have been raised about the business model for UPI and how the industry should charge for its services. The government has prohibited MDR on UPI transactions, but it should still be possible for us to develop a new revenue model.
Last year there was widespread support for India’s DPI approach—with countries around the world hailing its achievements, and looking to emulate them. Over the past few months, however, the voices of dissent have grown steadily louder. Rather than allow arguments against DPI to go unanswered, I thought it best to deal with them head-on.
2023 was the year in which DPI assumed its rightful place on the world stage. It was also the year in which artificial intelligence came into its own. There has never been a more interesting time to be engaged in technology policy.
