Rakesh Jain

Philip Moreira Tomei, Rupal Jain, Matija Franklin

This paper argues that market governance mechanisms should be considered a key approach in the governance of artificial intelligence (AI), alongside traditional regulatory frameworks. While current governance approaches have predominantly focused on regulation, we contend that market-based mechanisms offer effective incentives for responsible AI development. We examine four emerging vectors of market governance: insurance, auditing, procurement, and due diligence, demonstrating how these mechanisms can affirm the relationship between AI risk and financial risk while addressing capital allocation inefficiencies. While we do not claim that market forces alone can adequately protect societal interests, we maintain that standardised AI disclosures and market mechanisms can create powerful incentives for safe and responsible AI development. This paper urges regulators, economists, and machine learning researchers to investigate and implement market-based approaches to AI governance.

Arastu Sharma, Rakesh Jain

Current technologies that facilitate diagnosis for simultaneous detection of Mycobacterium tuberculosis and its resistance to first-line anti-tuberculosis drugs (Isoniazid and Rifampicim) are designed for lab-based settings and are unaffordable for large scale testing implementations. The suitability of a TB diagnosis instrument, generally required in low-resource settings, to be implementable in point-of-care last mile public health centres depends on manufacturing cost, ease-of-use, automation and portability. This paper discusses a portable, low-cost, machine learning automated Nucleic acid amplification testing (NAAT) device that employs the use of a smartphone-based fluorescence detection using novel image processing and chromaticity detection algorithms. To test the instrument, real time polymerase chain reaction (qPCR) experiment on cDNA dilution spanning over two concentrations (40 ng/uL and 200 ng/uL) was performed and sensitive detection of multiplexed positive control assay was verified.