AI development cannot be left to market whim, UN experts warn [Video]

The development of artificial intelligence should not be guided by market forces alone, UN experts cautioned on Thursday, calling for the creation of tools for global cooperation.

But they held back from suggesting the creation of a muscular worldwide governing body to oversee the rollout and evolution of a technology, the proliferation of which has raised fears around biases, misuse and dependence.

The panel of around 40 experts from the fields of technology, law and data protection was established by UN Secretary-General Antonio Guterres in October.

Their report, published days before the start of a high-profile “Summit of the Future,” raises the alarm over the lack of global governance of AI as well as the effective exclusion of developing countries from debates about the technology’s future.

Of the UN’s 193 members, just seven are part of the seven major initiatives linked to AI, while 118 are entirely absent — mostly …