On the sidelines of the World Economic Forum (WEF) meeting underway in Davos, Mr. S. Iswaran, Singapore’s Minister for Communications and Information, has unveiled a model governance framework for artificial intelligence (AI), aimed to be adopted by companies in Singapore and globally, to tackle with issues that have emerged with new technology.
The The Model Artificial Intelligence Governance Framework is the first in Asia to provide detailed and ready-to-implement guidance for private organisations using AI, the Infocomm Media Development Authority (IMDA) was quoted as saying by local media.
This aims to help organisations ensure that the AI solutions they employ take into account human needs first.
According to IMDA, the two advantages of this model framework are that the guide will make AI solutions more transparent and fair to consumers, and that AI solutions are human-centric.
Mr. Iswaran namely described the framework as a ‘living document’, which will evolve along with the upcoming changes in the digital economy.
Meanwhile, at the Singapore Shipping Association’s (SSA) Annual Lunar New Year Cocktail Reception this week, Dr. Lam Pin Min, Senior Minister of State for Transport and Health announced the development of an inter-operability framework for electronic trade documents for the maritime and trade industries, including IMDA as a new MoU partner, to facilitate inter-operability of the solutions developed by the various consortiums.
Working together with IMDA, the industry can expect to see different digital ecosystems inter-operate seamlessly with efficient exchange of electronic trade documents. The work will entail the development of a set of governance and legal frameworks, technical standards and inter-operable digital enablers.