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Fortune Magazine | Southeast Asia Could Be the World’s 3rd Largest Economy by 2030 @fortune | Uploaded September 2024 | Updated October 2024, 9 hours ago.
As the breakneck pace of AI innovation accelerates, government and business leaders worldwide are scrambling to balance technological progress and ethical governance. AI governance models vary globally.

The U.S. has prioritized market-driven innovation with minimal regulation. Europe has adopted a "human-centric" approach that emphasizes regulation to protect privacy and intellectual property rights. China's leaders have chosen a government-led approach, with strict and detailed regulations to ensure AI innovation promotes social stability and national security. Southeast Asia must forge its own path.

Will the region's AI governance framework favor firms and markets, or state control? And, crucially, to what extent can Southeast Asia's diverse economies work together in governing AI? Can regional leaders identify common social and ethical values to guide AI regulation? Will Southeast Asia emulate the European Union in embracing a joint governance framework? Or will each nation go its own way, eschewing cooperation in pursuit of AI and data sovereignty?

Gullnaz BAIG, Executive Director, Angsana Council Evi FUELLE, Director, Global Policy, Credo AI Zee Kin YEONG, CEO, Singapore Academy of Law Moderator: Clay CHANDLER, FORTUNE

#economy #southeastasia #futureofai #ai #worldslargesteconomy

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