AI News, The World Economic Forum artificial intelligence

Artificial Intelligence and Innovative Development—China International Import Expo

After serving an initial four-year term, he was reappointed by the General Assembly in July 2017 for an additional term that began on 1 September that year.

Dr. Kituyi has an extensive background as an elected official, an academic, and a holder of high government office.

From 2008 to 2012, Dr. Kituyi was a member of a team of experts advising the presidents of the nations of the East African Community on how to establish more effective regional economic links.

From 2011 to 2012, he was a consultant for the African Union Commission, where he helped to develop the structure for a pan-African free trade area.

The Institute is a think tank and advocacy organization that focuses on linking academic research and the development of public policy.

World Economic Forum creates 'guard rails' for AI adoption

“Emerging risks will no longer sit neatly inside a supervised institution but instead will be dispersed across an interconnected set of actors that includes small, specialised fintechs and large technology companies,” it says.

“Supervised authorities will need to reinvent themselves as hubs for system-wide intelligence, lest increased system complexity erodes transparency and threatens investor confidence during crises.” The report was produced in collaboration with Deloitte after 200 interviews around the world over 20 months.  AI is in its early stages of deployment in banks, with initial use cases including improving customer chatbots, customer triage, determining credit worthiness and trading.

It suggests banks are well placed to use trust as a competitive differentiator compared to other industries, When applying AI, financial services players need to raise the ethical bar, and by creating “responsible AI”, “AI systems should not be held to the same standards as humans and systems today, but to a higher bar."

The Impact of Artificial Intelligence on Work, Health, and Social Well-Being

On October 10, RAND will host a conference to discuss U.S. and Japanese perspectives on artificial intelligence.

Thurstone Professor of Philosophy and Psychology at Carnegie Mellon University will present a keynote address on designing artificial intelligence for social effect through policy.

'More jobs will be created than are lost from the AI revolution': WEF AI Head

Bengaluru: Kay Firth-Butterfield, Head of Artificial Intelligence and Machine Learning at the World Economic Forum (WEF), has worked for the past three decades as a barrister, mediator, arbitrator, business owner, professor and judge in the UK.

Edited excerpts: There are multiple reports that talk about advances in automation and AI impacting thousands of jobs and there are an equal number of reports that say the scare is unwarranted since AI will also create new jobs.

The world is going through a workplace revolution that will bring a seismic shift in the way humans work alongside machines and algorithms, according to new research by WEF.

However, in terms of overall numbers of new jobs the outlook is positive, with 133 million new jobs expected to be created by 2022 compared to 75 million that will be displaced.

Based on a survey of chief human resources officers and top strategy executives from companies across 12 industries and 20 developed and emerging economies (which collectively account for 70% of global GDP), the report finds that 54% of employees of large companies would need significant re- and up-skilling in order to fully harness the growth opportunities offered by the Fourth Industrial Revolution.

While nearly 50% of all companies expect their full-time workforce to shrink by 2022 as a result of automation, almost 40% expect to extend their workforce generally and more than a quarter expect automation to create new roles in their enterprise.

Extrapolating these trends across those employed by large firms in the non-agricultural workforce of the 20 economies covered by the report suggests that 75 million jobs may be displaced by a shift in the division of labour between humans, machines and algorithms, while 133 million new roles may emerge that are more adapted to this new division of labour.

We need to focus more on building the research and development in AI, and also build a multi-stakeholder model engaging public, private, academia together to solve for the biggest societal challenges in India.

Thus, helping everyone to be able to use AI is very worthwhile, provided, they are also given ethical training, for example like the work of AI4All, a none profit which helps girls from disadvantaged background to learn to use AI.

What is probably better said is that because some of the world’s leading AI scientists believe this is true, it is all the more important that we put in place now foundational governance measures rather than trying to leap over that step and start using AI to solves our difficult problems, we might be setting ourselves up for more difficult problems by not things now.

How does your background in law help you deal with AI scientists who mostly have a different world view, or believe that they must primarily focus on the technology while policy is dealt with separately by other academics and governments?

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