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Responsible AI can revolutionize tax agencies to improve citizen services

IBM Journey to AI blog

However, the latest CEO Study by the IBM Institute for the Business Value found that 72% of the surveyed government leaders say that the potential productivity gains from AI and automation are so great that they must accept significant risk to stay competitive.

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ASEAN Releases AI Governance Guide

Analytics Vidhya

In a significant stride towards responsible AI use, the Association of Southeast Asian Nations (ASEAN) recently unveiled the “ASEAN Guide on AI Governance and Ethics.” Also Read: EU AI […] The post ASEAN Releases AI Governance Guide appeared first on Analytics Vidhya.

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UK and South Korea to co-host AI Seoul Summit

AI News

The two-day event will feature a virtual leaders’ session, co-chaired by British Prime Minister Rishi Sunak and South Korean President Yoon Suk Yeol, and a subsequent in-person meeting among Digital Ministers. UK Technology Secretary Michelle Donelan, and Korean Minister of Science and ICT Lee Jong-Ho will co-host the latter.

Big Data 238
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Cash versus digital payments: How to achieve financial inclusion

IBM Journey to AI blog

Recent news headlines show significant shifts from physical identification and physical forms of payments to digital forms in many jurisdictions. This, combined with the increased use of digital identity in Europe and many other countries, is good news for consumers and businesses. Council recently banned cashless businesses.

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European Union and Japan Explore Strategic Collaboration in AI and Semiconductors

Unite.AI

EU Commissioner Thierry Breton emphasized this initiative in a recent Twitter video, where he announced that AI would be a high-priority discussion topic in his meeting with the Japanese government. In fact, just last week, a fund supported by the Japanese government proposed a $6.3 billion acquisition of domestic chipmaking firm JSR.

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AIs in India will need government permission before launching

AI News

In an advisory issued by India’s Ministry of Electronics and Information Technology (MeitY) last Friday, it was declared that any AI technology still in development must acquire explicit government permission before being released to the public. Every company deploying a GenAI model now requires approval from the Indian government!

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UAE unveils new AI model to rival big tech giants

AI News

This step, taken by a government-backed research institute, is turning heads and marking the UAE as a formidable player in the global AI race. It provides a detailed overview of generative AI, addressing digital technologies’ challenges and opportunities while emphasising data privacy.