The Power of Timing in AI: ‘When to Turn on the Kill Switch is Important’
The blistering pace of AI innovation has compelled government and business leaders in many nations to reconsider their relationship. Regulators must create guardrails to prevent AI from radically disrupting the lives of their citizens—but do so in a way that doesn’t stifle innovation. Firms must balance the temptation to "move fast and break things" with a recognition that AI, precisely because it is so powerful, has the potential to sow chaos as it reaps profit. How can governments create "regulatory sandboxes" for firms to experiment boldly at minimal social risk? How can firms work with regulators to preserve public trust as they rush ahead with new technologies? In what ways does the advent of AI and other digital technologies call for a new type of public - private partnership?
Jacqueline POH, Managing Director, Singapore Economic Development Board Su Shan TAN, Managing Director and Group Head, Institutional Banking, DBS Group Moderator: Ayesha KHANNA, Co-founder and CEO, Addo AI; Co-chair, Fortune Brainstorm AI Singapore
#futureofai #singapore #Ai #aidriven #economy
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