NTT DATA Chief Calls for Global Standards for AI Regulation at Davos
At the World Economic Forum (WEF) annual meeting in Davos, Switzerland, the Chief Executive Officer of NTT DATA, Kaz Narioka, emphasized the need for global standards for artificial intelligence (AI) regulation. Narioka’s remarks came as a response to the growing concerns over the use of AI and its potential impact on society.
According to Narioka, the lack of standardized regulations for AI has led to a "wild west" scenario, where companies are free to develop and deploy AI systems without sufficient oversight. This, he warned, can lead to a range of negative consequences, including the perpetuation of biases, erosion of trust, and potential harm to individuals and society.
To address these concerns, Narioka argued for the establishment of global standards for the development, deployment, and use of AI. He stressed that such standards should be based on a clear understanding of the ethical and social implications of AI, as well as the need to ensure transparency, accountability, and inclusivity.
The importance of global standards for AI regulation was echoed by other industry leaders and experts attending the Davos meeting. "We need to ensure that AI is developed and deployed in a way that is fair, transparent, and accountable," said a leading AI researcher. "Global standards can help achieve this goal and build trust in the technology."
The call for global standards for AI regulation has gained traction in recent years, as AI continues to transform industries and societies around the world. Many experts agree that without clear guidelines, the uncontrolled development and deployment of AI could have far-reaching and potentially devastating consequences.
Furthermore, NTT DATA’s CEO emphasized the urgent need for governments, industry leaders, and civil society to work together to develop and implement effective regulations. "We cannot afford to wait for a global catastrophe to occur," he warned. "We must act now to establish standards that will ensure AI is used in a way that benefits everyone, not just a few."
The WEF’s Davos meeting, attended by global leaders from various fields, is a platform for discussing some of the most pressing issues facing the world today, including the impact of AI on society. NTT DATA’s call for global standards for AI regulation is a timely intervention that highlights the need for urgent action to address the challenges posed by AI.
In conclusion, the lack of global standards for AI regulation is a pressing concern that requires immediate attention. As the technology continues to evolve, it is crucial that we prioritize transparency, accountability, and inclusivity. NTT DATA’s CEO and other experts agree that only through collaboration and collective action can we ensure that AI is developed and deployed in a way that benefits all, not just a select few.
