I recently took part in a panel with David Satola, Lead ICT Counsel of the World Bank, Patricia Shaw, SCL Chair and CEO, Beyond Reach Consulting, Jacob Turner, Barrister and author of ‘Robot Rules: Regulating Artificial Intelligence’ and Dr Julia Ive, Lecturer in Natural Language Processing at Queen Mary. It was chaired by Fernando Barrio, SCL Trustee and Senior Lecturer in Business Law, School of Business and Management at Queen Mary and Academic Lead for Resilience and Sustainability, Queen Mary Global Policy Institute.
The regulatory and policy environment of Artificial Intelligence is one that is both in a state of flux and attracting increasing attention by policy makers and business leaders at a global scale. AI is having an impact on most aspects of government activities, business operations and people’s lives, and the proposals for letting the technology advance unregulated are under question, with increasing realization of the potential pitfalls of such unhindered development
Our chair asked the following questions
1- There has been much talk and debate about the need to set up ethical rules for the use of AI in different sectors of society and the economy; what are your views in relation to the establishment of such rules, vis a vis the possibility of enacting a regulatory framework for AI?
2- Assuming that there is a consensus about the need to regulate AI development and deployment: what should be the basis of such regulatory framework? (vg, risk-based, principle-based, etc)
3- In the same way that almost every aspect of ICT, AI posses challenges to the domestic regulation of its activities; what is the role you envisage of different levels of potential regulatory bodies, local, national, regional and/or global?
