A new academic research paper published by Chatham House explores international AI governance and concludes that it is at risk of failure.
The report states that: ‘Proponents of inclusive, effective, and global AI governance must now confront a difficult truth: that rapid progress towards global AI governance may only become politically feasible in the event of a crisis, when the costs of inaction become too great’.
The research paper explains the reasons for the current international AI governance deadlock and recommends actions for governments, companies, and international institutions. The paper analyses three previous crises in other sectors – the 2007-08 financial crisis; the WannaCry ransomware attacks of 2017; and the COVID-19 pandemic – for examples of best practice and cautionary tales.
