AI offers a unique chance to meld cultures, ideas and knowledge into a unified canvas of innovation. With AI poised to inject $15.7 tn into the global economy, its role extends beyond mere economic growth to being a pivotal force of societal transformation. This potential has captured the focus of policymakers worldwide, as we witness several national laws, multilateral guidance and global summits to ensure effective regulatory oversight.
However, the pace of AI innovation will surpass the speed at which new regulations can be developed. While regulatory frameworks are indispensable, they are not sufficient to navigate advancements and complex dynamics of the AI sector. A broader, more inclusive approach to governance that transcends conventional regulatory strategies is essential.
This approach demands the cultivation of an AI ecosystem rooted in openness and transparency, a fertile ground where deliberation, diversity and even dissent are not just welcomed but are incentivised pathways towards achieving consensus on ethical and responsible AI training, development and deployment.
The global AI community should support and promote the open-source movement. By fostering a dynamic open-source ecosystem that welcomes auditing, adaptation and use, we can create a transparent foundation that benefits technological advancement. There are learnings from India's digital public infrastructure (DPI), which is open source, open API and globally interoperable.
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