new ai governance framework
Is Singapore's new AI governance framework practical? - Tech Wire Asia
COMPANIES and academia often debate about the real-world implications of progressing artificial intelligence (AI) to a stage where it is all powerful and truly intelligent. While some, including global business leader Elon Musk, believe that AI is extremely dangerous -- more than nuclear weapons even, others believe that an all-encompassing AI system is inevitable and will support and improve human life in many ways. At the recent event at Davos, the Singapore government showed faith in the companies that work with AI and published a new AI governance framework that it believes will help guide them drive ethical and responsible AI deployments. While it is currently a "live document" open for public consultation, pilot adoption, and feedback, it is intended to be agile in evolving with the fast-paced changes in a Digital Economy and expected to continue to develop alongside adoptees use. "The key point to note is that this is a framework. It is not a rule or a regulation. This is basically an outcome from industry consultation that we have had," explained Singapore Minister for Communications and Information S Iswaran.