Singapore and World Economic Forum driving AI Adoption and Innovation

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Singapore and World Economic Forum driving AI Adoption and Innovation
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AseanOutlook.com – Singapore sees Artificial Intelligence (“AI”) as an important and fundamental technology for the Digital Economy, with AI-powered products offering a level of personalised service at scale that was previously unimaginable.

In the global discourse on AI ethics and governance issue, Singapore believes that its balanced approach can facilitate innovation, safeguard consumer interests, and serve as a common global reference point.

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Therefore, Singapore announced today a set of new initiatives on AI governance to enhance consumer trust, namely: An Implementation and Self-Assessment Guide for Organisations (“ISAGO”), a Compendium of Use Cases; and The second edition of the Model AI Governance Framework.

Commenting on the initiatives, Mr V K Rajah SC, Chairman of Singapore’s Advisory Council on the Ethical Use of AI and Data said, “As AI becomes more pervasive, it is important to build a trusted environment for its use through a multi-stakeholder effort involving public, private and people sectors. Singapore took a huge step today by leading the way in building and sustaining a trusted AI environment.”

These initiatives follow Singapore’s launch of the Model AI Governance Framework1 in Davos in 2019, as well as the announcement of Singapore’s National AI Strategy in November 2019, and demonstrate the progress made in supporting organisations in deploying responsible AI.

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