AI Governance: Key Considerations for Responsible Development and Usage

As artificial intelligence capabilities continue to advance at an exponential pace, governance mechanisms are increasingly important to help ensure these systems are developed and applied in a manner that benefits humanity. Poorly governed AI poses risks, as these technologies could potentially be used to worsen economic inequality, exacerbate social prejudices, or even be deployed by malicious actors for harmful ends if stringent safeguards and oversight are not put in place. With prudent governance, however, AI has potential to solve widespread societal challenges in areas like health, education and sustainability if its development and application are guided by principles of inclusion, fairness and service to humanity.

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