World Economic Forum Launches AI Governance Alliance Focused on Responsible Generative AI

by | Jun 16, 2023

Data and AI for India, artificial intelligence, AI career

Geneva, Switzerland, 15 JUNE 2023 – The World Economic Forum has launched the AI Governance Alliance, a dedicated initiative focused on responsible generative artificial intelligence (AI). This initiative expands on the existing framework and builds on the recommendations from the Responsible AI Leadership: A Global Summit on Generative AI.

The AI Governance Alliance aims to address today’s most critical issues as humanity approaches a potentially transformative socio-economic era. By bringing together influential regional voices and multiple stakeholders globally, the alliance seeks to harness the benefits of generative AI systems and technologies while ensuring equitable and sustainable global impacts.

Leveraging the World Economic Forum’s 50 years of expertise in multistakeholder partnerships, the AI Governance Alliance combines private sector knowledge, public sector governance and civil society objectives to address the transformative nature of generative AI systems. With the support of the World Economic Forum’s Centre for the Fourth Industrial Revolution, the alliance actively engages with various regions while contributing to shaping a global approach to address the transformative nature of generative AI systems.

  • The AI Governance Alliance will provide guidance on the responsible design, development and deployment of artificial intelligence systems.
  • The initiative will prioritize three main areas: ensuring safe systems and technologies, promoting sustainable applications and transformation, and contributing to resilient governance and regulation.
  • The alliance aims to accelerate the development of ethical guidelines and governance frameworks for generative AI and maximize the economic and social value it can create.
  • The World Economic Forum invites stakeholders from various sectors, including businesses, academia and regulatory bodies, to contribute their expertise and insights to the initiative.

 

Jeremy JurgensManaging Director at the World Economic Forum, emphasized the alliance’s significance: “The AI Governance Alliance marks a significant stride towards responsible and ethical advancements in generative AI technology. Given its potential to transform businesses and societies, it is crucial that generative AI be developed and deployed with an unwavering focus on societal progress and human-centric principles.”

The primary goal of the AI Governance Alliance is to formulate and implement practical recommendations for the responsible design, development and deployment of generative AI systems. This initiative prioritizes three key areas:

1. Safe systems and technologies

2. Sustainable applications and transformation

3. Resilient governance and regulation

By delving into crucial themes such as informed technology decisions, responsible adoption, the societal implications of AI, and ethical governance, the initiative offers guidance, tools and resources that foster the responsible and inclusive global development and deployment of generative AI technologies.

 

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Brian Pereira
Brian Pereira
Brian Pereira is an Indian journalist and editor based in Mumbai. He founded Digital Creed in 2015. A technology buff, former computer instructor, and software developer, Brian has 30 years of journalism experience (since 1994). Brian is also the former Editor of CHIP India, InformationWeek India and CISO Mag. He has written for India's leading newspapers such as The Times of India and The Indian Express. Presently, he serves the Information Security Media Group, as Sr. Executive Editor. You'll find his most current work on CIO Inc. Brian writes on a wide range of topics like aviation, drones, cybersecurity, tech startups, cloud, data center, AI/ML/Gen AI, IoT, Blockchain etc. He is also a certified security professional - EC-Council and ISC2. Follow Brian on Twitter (@creed_digital) and LinkedIn. Email Brian at: [email protected]
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