Sunday, 27 August, 2023

Private Sector's Role in AI Regulation Advocated by Mastercard CEO

Mastercard's CEO, Michael Miebach, asserts that the private sector should take the lead in shaping regulations for artificial intelligence (AI). He emphasizes the importance of creating a balanced and inclusive framework that fosters innovation while safeguarding ethical AI practices. By driving collaboration between industry stakeholders and governments, the private sector can contribute to effective AI governance, ensuring responsible and sustainable AI advancements.