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 Trump administration might be building walls between America and some countries, but it is eager to forge alliances when it comes to shaping the course of artificial intelligence. The Organization for Economic Co-operation and Development (OECD), a coalition of countries dedicated to promoting democracy and economic development, has announced a set of five principles for the development and deployment of artificial intelligence. The announcement came at a meeting of the OECD Forum in Paris. The OECD does not include China, and the principles outlined by the group seem to contrast with the way AI is being deployed there, especially for face recognition and surveillance of ethnic groups associated with political dissent. Speaking at the event, America's recently appointed CTO, Michael Kratsios, said, "We are so pleased that the OECD AI recommendations address so many of the issues which are being tackled by the American AI Initiative."