AI's Transformative Power: Tech Exec Urges Global Collaboration for Regulation

Artificial intelligence is rapidly transforming society, and the need for responsible regulation is becoming increasingly urgent. Kiril Evtimov, Group Chief Technology Officer of G42 and CEO of Core42, recently highlighted this critical issue, emphasizing the transformative power of AI and the lack of readily available answers. "I honestly believe that we need regulation as an industry because the transformative power of the technology that we are building is going to transform society," Evtimov stated. He stressed the importance of a collaborative approach to developing a broad regulatory framework, stating that "we need a very collaborative approach to find the regulatory framework that can be applied broadly." Evtimov's call for responsible and equitable distribution of AI's power underscores the need for global cooperation to ensure AI benefits humanity as a whole. This timely discussion serves as a crucial reminder of the ethical considerations surrounding AI development and the urgent need for proactive measures to guide its responsible implementation.