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Introduction

Artificial intelligence (AI) as a concept and technology is still in a nascent stage of development, but is evolving more rapidly than anticipated. Several countries worldwide have already announced AI as part of their national technology strategy.

Highlights

  • AI already has a comprehensive range of applications across various industries and is disrupting existing business models with new approaches.
  • The governments and policy advisors should focus on establishing basic guidelines and policies initially and introduce ex-ante policies.

Features and Benefits

  • Details the regulatory principles and approaches that various governments across the globe have initiated to regulate AI.
  • Analyzes the initiatives taken by governments of Europe, the US, Japan, and Singapore.

Key questions answered

  • What measures are the governments considering to regulate AI?
  • What are the implications of regulating AI?
  • Which countries have already initiated steps to regulate AI, and what is their approach?
  • What are the main concerns raised by governments for regulating AI?

Table of contents

Summary

  • In brief
  • Ovum view

Current state of play

  • AI – the dawn of a new era
  • The necessity for regulations in AI

Regulatory challenges of AI and Ovum's take

  • Safety
  • Privacy
  • Controllability
  • Ethics
  • Transparency and accountability
  • Security
  • Collaboration and interoperability

Major global developments in AI regulation

  • European Union
  • US
  • Japan
  • UK
  • Singapore

Appendix

  • Methodology
  • Further reading
  • Author