Abstract
The evolution of AI (artificial intelligence) as a rapidly evolving cluster of technologies has the potential to offer substantial benefits across a spectrum of industries by offering competitive advantages to economies. However, AI could also harbour risks and negative consequences for the society and individuals. Initiatives like the proposed Artificial Intelligence Act and the European Union's (EU) and the General Data Protection Regulation (GDPR) 2018 in the West is aimed at combating unethical usage of data and AI. In the global South, adoption of AI and digital technologies is rising. These economies may need to develop necessary legislative frameworks to promote the ethical usage of AI and digital technologies. As a result, this chapter examines the potential effects of artificial intelligence (AI) and digital technologies in the context of southern economies and emphasises the necessity for regulatory frameworks to assure the moral application of such technologies. To create a regulatory framework for the use of AI and digital technologies, the chapter offers suggestions, focusing on the impact of regulating the use and application of AI.
| Original language | English |
|---|---|
| Title of host publication | Elgar Companion to Regulating AI and Big Data in Emerging Economies |
| Editors | Mark Findlay, Li Min Ong, Wenxi Zhang |
| Place of Publication | UK/US |
| Publisher | Edward Elgar |
| Chapter | 3 |
| Pages | 42-58 |
| Number of pages | 16 |
| ISBN (Electronic) | 9781785362408 |
| ISBN (Print) | 9781785362392 |
| DOIs | |
| Publication status | Published - 5 Dec 2023 |
Keywords
- Artificial intelligence (AI)
- Legislative frameworks
- Ethical usage of AI
- Southern economies
- Moral application of technologies
- Regulating AI