The Organisation for Economic Co-operation and Development unveiled the first intergovernmental standard for artificial intelligence policies Wednesday--and the organization's 36 member countries including America have initially signed on along with Argentina, Brazil, Colombia, Costa Rica, Peru and Romania. OECD, an international forum that unites stakeholders from many nations to work together to address challenges of globalization, released "Recommendations of the Council on Artificial Intelligence" to help foster a global policy ecosystem that leverages the evolving technology's benefits, while also protecting human rights and democratic values. OECD's Director of the Science, Technology and Innovation Directorate Andrew Wyckoff told reporters that the principles' creators hope they'll help shape a stable regulatory environment that promotes the tech's positive uses, while withstanding unethical abuses. "AI is what we would call a'general purpose technology.' It's going to change the way we do things in nearly every single sector of the economy--that's part of the reason we give so much importance to its development," he said.
The AI Group of experts at the OECD (AIGO) completed its recommendations in meetings at the World Government Summit in Dubai earlier in February. "The contributions of the AI expert group mark an important milestone in our efforts to ensure that governments and people share the economic and social benefits of AI and understand and minimise the risks," said Andrew Wyckoff, director of the OECD's Science, Technology and Innovation Directorate, which is spearheading the work. The recommendations cover a broad range of public and private policy matters that are being transformed by artificial intelligence systems. They include a common understanding of AI concepts including: what is an AI system? What is the AI system lifecycle?
Today global history was made, as the first intergovernmental standard on artificial intelligence (AI) was adopted by the OECD--a geopolitical milestone achievement. There is a worldwide investment rush underway in artificial intelligence (AI) technology. Both public and private investment funding are pouring into AI, as nations and corporations seek to gain economic benefits and competitive advantages through automation. IDC estimates the global spending on cognitive and AI systems to reach $57.6 billion by 2021. Last year the UK government announced plans to invest £300 million in AI.
On 22 May, the Organization for Economic Co-operation and Development (OECD), an international team working on creating stronger policies in order to improve lives, adopted and approved new Artificial Intelligence (AI) principles. RELATED: WHAT IS EXPLAINABLE ARTIFICIAL INTELLIGENCE AND IS IT NEEDED? OECD principles on AI focus on AI that is original and trustworthy. Respect for human rights and democratic values are also strong focal points of these principles. This is a first of such principles to be agreed upon and put forward by governments.
The race to become the global leader in artificial intelligence (AI) has officially begun. In the past fifteen months, Canada, China, Denmark, the EU Commission, Finland, France, India, Italy, Japan, Mexico, the Nordic-Baltic region, Singapore, South Korea, Sweden, Taiwan, the UAE, and the UK have all released strategies to promote the use and development of AI. No two strategies are alike, with each focusing on different aspects of AI policy: scientific research, talent development, skills and education, public and private sector adoption, ethics and inclusion, standards and regulations, and data and digital infrastructure. This article summarizes the key policies and goals of each strategy, as well as related policies and initiatives that have announced since the release of the initial strategies. It also includes countries that have announced their intention to develop a strategy or have related AI policies in place. I plan to continuously update this article as new strategies and initiatives are announced. If a country or policy is missing (or if something in the summary is incorrect), please leave a comment and I will update the article as soon as possible. I also plan to write an article for each country that provides an in-depth look at AI policy. Once these articles are written, I will include a link to the bottom of each country's summary. June 28: Publication of original article, included Australia, Canada, China, Denmark, EU Commission, Finland, France, Germany, India, Japan, Singapore, South Korea, UAE, US, and UK.