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Malaysia is moving towards an AI-driven future, necessitating effective governance to manage AI complexities. The Khazanah Research Institute's report outlines key risks and governance challenges associated with AI. It emphasizes the importance of regulating AI in a way that fosters sustainable and responsible innovation.
The report identifies the need for a balanced regulatory framework that mitigates risks while promoting innovation. It suggests an agile approach to governance, allowing for flexibility and adaptation as AI technology evolves. This framework aims to build public trust and ensure legal certainty for local companies involved in AI development.
• AI governance is crucial for Malaysia's technological advancement.
• A balanced regulatory framework can mitigate AI-related risks.
AI governance refers to the frameworks and policies that regulate the development and use of AI technologies.
A regulatory framework outlines the rules and guidelines for managing AI technologies to ensure ethical and responsible use.
Algorithmic transparency involves making the workings of AI algorithms clear and understandable to ensure accountability and trust.
Khazanah Research Institute focuses on research and policy development to support sustainable economic growth in Malaysia, including AI governance.
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