Artificial Intelligence (AI) is currently a major force in the technology industry and the economy. While AI holds great potential, it also carries risks if not used correctly, said world leaders at the first AI Summit.
During an AI summit in London, India joined hands with countries like the United Kingdom, United States, Australia, and China to address the risks associated with AI and ensure its safe development.
UK Prime Minister Rishi Sunak hosted this summit with the aim of leading in AI regulation globally.
At this summit, leaders from 28 countries, including China and the USA, signed the Bletchley Declaration, which highlights the potential threats posed by advanced AI systems.
It underscores the need for international cooperation to manage AI risks.
Sunak expressed enthusiasm for the declaration, emphasising the transformative nature of AI for future generations.
He stressed the importance of responsible AI development and early risk management.
Sunak initiated the summit due to concerns about AI's rapid advancement without oversight.
Follow-up meetings are planned in South Korea and France to further the agenda, as reported by the Digit News Report.