On Nov. 17, WEF held AI governance summit for global leaders.
WEF held AI Governance Summit bringing together over 200 influential global leaders.
Summary
Over 200 leaders came together at the World Economic Forum’s AI Governance Summit to promote responsible development and deployment of generative AI.
Participants called to establish a robust international AI governance framework.
Key topics of the forum discussion included the importance of closing the digital divide and trade-offs in open-source technology and a focus on regulatory frameworks.
It was noted that is essential to recognize open source and innovation debate centers to address scrutiny of foundation model releases, involving concerns on risks.
As well as transparency and governance, and requiring clear definitions and thoughtful consideration of benefits and downsides for frontier model safety and innovation.
The forum participants acknowledged importance of data, cloud services, training infrastructure and computational power as crucial to bridging the digital divide.
Also, advancing global AI governance, developing adaptive regulations, harmonizing standards and fostering ongoing discussions for effective international mechanisms.
Promoting global access to vital digital/AI resources with public-private collaboration.