Generative AI Innovations | Recent data indicates that India stands fifth globally in generative AI (GenAI) innovations, trailing behind China, the USA, the Republic of Korea, and Japan. Despite this ranking, India showcases the highest annual growth rate in GenAI patent publications, highlighting its significant economic potential.
Global Rankings and Patent Data
- China: Leading with 38,210 patents.
- United States: Second place with 6,276 patents.
- Republic of Korea: Third place with 4,155 patents.
- Japan: Fourth place with 3,409 patents.
- India: Fifth place with 1,350 patents from 2014 to 2023.
Innovations and Developments in India
India has overtaken the UK (714 patents, sixth place) and Germany (708 patents). Noteworthy Indian patents include retail AI assistant solutions by RN Chidakashi Technologies (Miko Robotics) and a GenAI tool for contract lifecycle management by Tata Consultancy Services. India’s annual growth rate in GenAI patent publications is an impressive 56%, although its share in the total GenAI patents is only 3%.
Global Trends in GenAI Patents
The emergence of transformer models in 2017 and popular applications like ChatGPT in 2022 have significantly fueled GenAI patent activities. GenAI patent publications have risen from 4.2% of all AI patents in 2017 to 6.1% in 2023. Over 25% of all GenAI patents and 45% of scientific research papers were published in 2023 alone. Notably, OpenAI has not filed any patents up to 2023, reflecting its non-profit origins.
Patent Framework and Regulatory Insights
Since 2021, there has been a notable increase in GenAI patenting in India. A well-defined eligibility framework for AI-related inventions is crucial. WIPO data highlights the maturity of China’s patent system, with over 40,000 patents filed domestically. In contrast, 98% of India’s 1,350 patents were filed domestically.
Economic Impact and Government Initiatives
A report by EY in May suggested that GenAI could enhance India’s GDP by $359-438 billion by 2030, with a cumulative impact of $1.2-1.5 trillion over the next seven years. The Ministry of Electronics and Information Technology (MeitY) inaugurated the Global IndiaAI Summit on July 3, 2024, emphasizing a global approach to addressing AI risks and featuring prominent dignitaries.
FAQ
Where does India rank globally in generative AI (GenAI) innovations?
India ranks fifth globally in generative AI innovations, behind China, the USA, the Republic of Korea, and Japan.
How many GenAI patents has India filed from 2014 to 2023?
India has filed 1,350 GenAI patents from 2014 to 2023.
What is India’s annual growth rate in GenAI patent publications?
India’s annual growth rate in GenAI patent publications is 56%.
Which countries lead the world in GenAI patents?
The leading countries in GenAI patents are:
China: 38,210 patents
United States: 6,276 patents
Republic of Korea: 4,155 patents
Japan: 3,409 patents
How does India’s GenAI patent count compare to other countries like the UK and Germany?
India has overtaken the UK (714 patents) and Germany (708 patents) in GenAI patent filings.
Can you provide examples of notable GenAI patents from India?
Notable Indian GenAI patents include:
Retail AI assistant solutions by RN Chidakashi Technologies (Miko Robotics)
A GenAI tool for contract lifecycle management by Tata Consultancy Services
What regulatory insights are relevant to GenAI patenting in India?
Since 2021, there has been a surge in GenAI patenting in India. A well-defined eligibility framework for AI-related inventions is essential. WIPO data highlights the maturity of China’s patent system, with over 40,000 patents filed domestically, compared to 98% of India’s 1,350 patents filed domestically.
What is the potential economic impact of GenAI on India’s GDP?
A report by EY suggests that GenAI could boost India’s GDP by $359-438 billion by 2030, with a cumulative impact of $1.2-1.5 trillion over the next seven years.
