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There are many potential benefits to the application of Artificial Intelligence (AI) technologies, including the reduction of economic inefficiencies and increase in high-skilled jobs. There are also significant risks that must be managed — through both technical design and policy-making instruments— to maximize these benefits for any given society while protecting its important ethical values.
Technical solutions alone are insufficient to ensure ethics permeate AI systems design, absent legal mandate and economic incentives. While legislation can incentivize competition, it is also limited by territorial and time-based constraints. This raises the importance of using alternative policy-making instruments that demonstrate “agile governance.
Human-centric AI governance is a complex enterprise that requires leveraging mixed policy tools to address the multi-layered ethical concerns at play.