The Commonwealth is taking a leading role in shaping the future of artificial intelligence (AI) with the development of model laws aimed at maximizing its benefits while minimizing potential risks across its 56 member countries. This initiative follows the Commonwealth’s previous efforts in establishing model laws for digital assets and stablecoins, expanding now to include AI regulation as per the requests of member ministers.
Luis Franceschi, the Assistant Secretary General for the Commonwealth, underscored the dual nature of AI, which has the potential to enhance governance as well as pose risks. He reaffirmed the Commonwealth’s commitment to fostering positive applications of AI. Franceschi mentioned various programs aimed at utilizing AI to combat corruption, enhance governance, and promote inclusive analysis, all while addressing the biases that may arise.
During recent sessions, member countries shared their ongoing policies, guidelines, and laws related to AI, facilitating a valuable exchange of knowledge. Elizabeth Macharia, the CLMM Deputy Conference Secretary and acting head of the Rule of Law Section, pointed out the significance of collaboration among member states to prevent redundant spending and to learn from each other’s advancements in AI regulation.
To further this initiative, the Commonwealth has launched an AI page on its website that showcases the diverse initiatives and regulatory frameworks adopted by its members. Additionally, upcoming youth engagements are planned to delve into AI’s implications for democracy and misinformation, tapping into the perspectives of digital natives.
This comprehensive approach by the Commonwealth reflects a proactive stance toward embracing technological advancements while ensuring they are harnessed responsibly and ethically for the benefit of all member nations. By collaborating and sharing insights, the Commonwealth aims to lead by example in creating a regulated environment for AI that is both innovative and accountable.
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