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Expert body makes seven recommendations on regulating AI, including establishment of fund to help developing countries.

There is an “irrefutable” need for global governance of artificial intelligence and its development cannot be left to the “whims” of the market alone, a United Nations advisory body has warned.

While national governments will play a crucial role in regulating AI, the borderless nature of the technology necessitates a “global approach”, the High-level Advisory Body on Artificial Intelligence said in a report on Thursday.

“The accelerating development of AI concentrates power and wealth on a global scale, with geopolitical and geoeconomic implications,” the 39-member panel said.

“Moreover, no one currently understands all of AI’s inner workings enough to fully control its outputs or predict its evolution. Nor are decision-makers held accountable for developing, deploying or using systems they do not understand.”

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