A major step has been taken on the global governance of artificial intelligence. According to reports, on July 16 twenty-nine countries signed an agreement in Shanghai establishing the "World Artificial Intelligence Cooperation Organization" (WAICO).
Key points
- It will be an independent intergovernmental international organisation
- It will be headquartered in Shanghai
Experts say that amid AI's rapid growth, the need for global cooperation and regulation is rising, and such bodies can play an important role.
