Development of the AI industry is unstoppable and the implications on our daily life are inevitable. For this reason, there is a great interest for business, academic and public communities to engage in time in a new social, business and technological revolution. Despite the complexity of the field, all stake holders, including industry, governments and users, should have a role to play to determine the best governance approaches to AI.
From market-based approaches to regulation, all stakeholders should engage in the coming years to manage the technology’s economic and social impact. Furthermore, the social impact of AI cannot be fully mitigated by governing the technology, but will require efforts to govern the impact of the technology.
We see this as an opportunity.