Singapore's minister for communications and information S. Iswaran has released the nation's new model governance framework for AI in an attempt to help guide the region on a more ethical path as the technology proliferates more and more industries. The framework was released at this year's World Economic Forum (WEF) in Davos-Klosters, Switzerland.
Produced by the Infocomm Media Development Authority (IMDA), the new document focuses on two key principles: The first is that individuals and companies who create AI ensure that it is explainable, transparent and fair. The other is that all AI solutions be "human-centric".
The IMDA say they want the new framework to exist as a "living document" capable of adapting and evolving in pace with the rapidly changing digital landscape. As the first of its kind in Asia, the hope is that it is implemented by companies in the private sector immediately.
When asked whether the new guidelines would discourage startups and firms from creating AI within Singapore, Iswaran disagreed, saying: "I don't think industry is going to be deterred from doing things out of Singapore because of this.
"In fact, on the contrary. If we are able to emerge as one of the jurisdictions where there is a sound approach to data management, to the governance of AI and other frontier technology, then I think more companies will want to be associated with us," he added.