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Marketing In Asia > Blog > Business > News > Tech Titans and Singapore Government Form ‘AI Verify Foundation’ to Tackle AI Ethical Challenges
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Tech Titans and Singapore Government Form ‘AI Verify Foundation’ to Tackle AI Ethical Challenges

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Last updated: 2023/06/08 at 3:45 PM
Azleen Abdul Rahim
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AI Verify Foundation
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Tech leaders Google, Microsoft, IBM, and other heavyweights have joined forces with the Singapore government to address ethical challenges surfacing from Artificial Intelligence (AI) applications, such as biases and copyright issues. The formation of the ‘AI Verify Foundation’ was announced during the ATxAI conference, part of the Asia Tech x Singapore summit.

Josephine Teo, the Singaporean Minister for Communications and Information, envisions the Foundation as a platform leveraging the global open-source community’s collective prowess to develop AI testing tools for responsible AI use. Moreover, the organization intends to mitigate risks associated with the rapid evolution of AI.

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Prominent members of this ambitious venture include the Infocomm Media Development Authority (IMDA), Aicadium, IBM, Microsoft, Google, Red Hat, and Salesforce. These pioneers will direct the strategic development of the AI Verify roadmap. Furthermore, general members like Adobe, DBS, Meta, SenseTime, and Singapore Airlines will broaden the Foundation’s expertise base.

As articulated by IMDA, the foundation’s central objective is to augment AI testing abilities and assurance, fulfilling the requirements of companies and regulators worldwide. Each foundation member contributes to a software toolkit, developed by IMDA, that scrutinizes datasets and AI code for biases, transparency, and AI-related issues.

The toolkit allows companies to transparently share testing reports with stakeholders, reinforcing the ethical use of AI. Over 50 multinational firms, including IBM, Dell, Hitachi, and UBS, have shown interest in the initiative, which was launched as an international pilot project last year.

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Minister Teo stressed the necessity of steering AI towards beneficial applications during her keynote speech. She highlighted how AI could transform public service by facilitating government interaction with citizens and preparing Singapore to address an aging population.

While recognizing the potential of AI in areas such as scam prevention, she underlined the importance of implementing safeguards for responsible AI use. This cautionary stance echoes sentiments from OpenAI CEO Sam Altman, who recently addressed US lawmakers about the potential risks AI poses and the need for stringent regulations.

In conclusion, this partnership signifies a global effort to regulate AI development and application, underscoring Singapore’s ambition to be a trailblazer in this revolutionary technology.

This news is based on Marketing Interactive news.

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    Azleen Abdul Rahim June 8, 2023 June 8, 2023
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