As AI firms call for accountability and limits, an opportunity beckons for Singapore
Republic’s position in business, financial, legal sectors creates a chance to work on governance frameworks
Artificial intelligence (AI) leaders globally are advocating for a pause in the rapid development of AI technology, emphasizing the need for accountability and setting limits. Singapore, with its strong position in business, financial, and legal sectors, could serve as a hub for AI governance frameworks, according to analysts. Anthropic’s CEO Dario Amodei proposed a three-part plan for AI safety, including enabling third-party evaluations, establishing common safety standards, and coordinating with governments of various governance styles.
Professor Bo An, head of the AI division at Nanyang Technological University, supports a deliberate slowdown in AI development, particularly in areas where human control is compromised. He argues that more time should be invested in enhancing safeguards, rather than allowing unchecked progress. However, some experts, like Gunasekharan Chellappan, co-chair of the industry body SGTech’s AI, Cloud, and Data Chapter, caution against slowing down AI development.
Instead, they suggest that equal investments should be made in security and governance to ensure parallel progress. Singapore’s existing AI framework, the agentic AI framework, offers a solid foundation for addressing these challenges, providing guidance on technical and non-technical measures for responsible AI deployment.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
