Communities Centre for the Fourth Industrial Revolution Shaping the Future of Technology Governance: Artificial Intelligence and Machine Learning
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Shaping the Future of Technology Governance: Artificial Intelligence and Machine Learning

Artificial intelligence (AI) is the software engine that drives the Fourth Industrial Revolution. But while it presents many potential benefits, it also poses a number of risks for which humanity is unprepared. How can we enable businesses and governments to deploy AI technology safely and responsibly without stifling innovation?

The impact of AI can be seen in homes, businesses and political processes. In its embodied form of robots, it w ill soon be driving cars, stocking warehouses and caring for the young and elderly. It holds the promise of solving some of society’s most pressing issues, but also presents challenges such as inscrutable “black box” algorithms, unethical use of data and potential job displacement.

As rapid advances in machine learning (ML) increase the scope and scale of AI’s deployment across all aspects of daily life, and as the technology can learn and change on its own, multistakeholder collaboration is required to optimize accountability, transparency, privacy and impartiality to create trust.

The Platform for Shaping the Future of Artificial Intelligence at the World Economic Forum aims to support the design and testing of policy frameworks to accelerate the societal benefits and mitigate the risks of AI and ML.