Singapore And World Economic Forum Driving AI Adoption And Innovation - dotlah!

Fifteen global companies have taken up Singapore's AI Model Governance Framework; Practical examples for organisations to follow suit. Singapore sees Artificial Intelligence ("AI") as an important and fundamental technology for the Digital Economy, with AI-powered products offering a level of personalised service at scale that was previously unimaginable. In the global discourse on AI ethics and governance issue, Singapore believes that its balanced approach can facilitate innovation, safeguard consumer interests, and serve as a common global reference point. These initiatives follow Singapore's launch of the Model AI Governance Framework in Davos in 2019, as well as the announcement of Singapore's National AI Strategy in November 2019, and demonstrate the progress made in supporting organisations in deploying responsible AI. The new initiatives were announced by Mr S Iswaran, Singapore's Minister for Communications and Information, and Ms Kay Firth-Butterfield, AI Portfolio Lead at the World Economic Forum, at a joint press conference with the WEF's Centre for the Fourth Industrial Revolution ("WEF C4IR") at WEF's Annual Meeting in Davos.