The Fort Worth Press - China premier urges AI governance to avoid 'losing control'

USD -
AED 3.6725
AFN 63.999963
ALL 81.031648
AMD 363.339607
ANG 1.790365
AOA 917.999804
ARS 1524.705601
AUD 1.424309
AWG 1.8
AZN 1.682409
BAM 1.7198
BBD 2.014334
BDT 123.134148
BGN 1.683441
BHD 0.376974
BIF 2996.596875
BMD 1
BND 1.278343
BOB 12.245759
BRL 5.218835
BSD 1.000132
BTN 95.938305
BWP 13.673816
BYN 3.027326
BYR 19600
BZD 2.011326
CAD 1.41692
CDF 2339.999699
CHF 0.832115
CLF 0.024551
CLP 969.44992
CNY 6.71325
CNH 6.71309
COP 3360.3
CRC 454.20569
CUC 1
CUP 24.002462
CVE 96.96141
CZK 21.467901
DJF 178.084962
DKK 6.577425
DOP 59.542287
DZD 133.898952
EGP 52.099202
ERN 15
ETB 162.972098
EUR 0.879898
FJD 2.238201
FKP 0.754816
GBP 0.75475
GEL 2.615059
GGP 0.754816
GHS 11.635494
GIP 0.754816
GMD 73.487652
GNF 8795.170658
GTQ 7.637958
GYD 209.257745
HKD 7.84493
HNL 26.846287
HRK 6.632298
HTG 130.885748
HUF 323.53006
IDR 18049
ILS 3.079598
IMP 0.754816
INR 95.990103
IQD 1310.042516
IRR 1374837.497943
ISK 120.54049
JEP 0.754816
JMD 158.315197
JOD 0.708963
JPY 157.515498
KES 129.749784
KGS 87.448502
KHR 4059.056814
KMF 432.999961
KPW 900.000318
KRW 1360.974981
KWD 0.30885
KYD 0.833443
KZT 439.793707
LAK 22439.127338
LBP 89556.106612
LKR 331.022111
LRD 172.008688
LSL 16.434096
LTL 2.95274
LVL 0.60489
LYD 6.397263
MAD 9.630717
MDL 17.680991
MGA 4387.052523
MKD 54.140561
MMK 2099.83552
MNT 3596.071123
MOP 8.080829
MRU 40.062785
MUR 47.469804
MVR 15.449921
MWK 1734.1564
MXN 17.833685
MYR 4.082197
MZN 63.910181
NAD 16.434096
NGN 1328.439777
NIO 36.800429
NOK 9.52116
NPR 153.505837
NZD 1.765425
OMR 0.384482
PAB 1.000079
PEN 3.398334
PGK 4.52425
PHP 62.502968
PKR 277.095071
PLN 3.84667
PYG 5873.947548
QAR 3.645277
RON 4.645004
RSD 103.410375
RUB 84.497409
RWF 1476.596231
SAR 3.755913
SBD 8.000512
SCR 13.914605
SDG 601.502416
SEK 9.965625
SGD 1.278495
SHP 0.755002
SLE 24.650237
SLL 20969.491881
SOS 571.60445
SRD 37.685985
STD 20697.981008
STN 21.545091
SVC 8.750324
SYP 13002.000254
SZL 16.429972
THB 33.625502
TJS 9.225649
TMT 3.51
TND 2.961507
TOP 2.40776
TRY 48.982301
TTD 6.787754
TWD 31.804964
TZS 2635.003021
UAH 44.876871
UGX 3914.861437
UYU 40.089518
UZS 11815.811573
VES 852.43145
VND 25974.5
VUV 117.801098
WST 2.745718
XAF 577.175174
XAG 0.016375
XAU 0.000242541838
XCD 2.70255
XCG 1.802386
XDR 0.707052
XOF 577.175174
XPF 104.870231
YER 236.650243
ZAR 16.43214
ZMK 9001.205413
ZMW 19.476614
ZWL 321.999592
SSP 5712.591901
MXV 2.019619
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

China premier urges AI governance to avoid 'losing control'
China premier urges AI governance to avoid 'losing control' / Photo: © AFP

China premier urges AI governance to avoid 'losing control'

The world risks "losing control" of frontier technology such as artificial intelligence if governments are too slow to regulate it, China's premier warned attendees at "Summer Davos" on Wednesday.

Text size:

Fears are growing of AI-driven disruption to labour markets and the security risks it poses -- from use in conflict to breaches of cyber defences and the potential creation of new bioweapons.

"The speed of technological progress is unprecedented," Premier Li Qiang said in a speech, noting that artificial intelligence has boosted "innovation efficiency".

"However, we cannot ignore increasingly prominent risks of losing control of technology and ethical lapses," he said.

"If governance in this area fails to keep pace, there could be serious consequences."

Tech breakthroughs are touted as drivers of economic growth, but shadows include concern over job losses and geopolitics, said speakers at the annual conference put on in China by the Switzerland-based World Economic Forum (WEF).

Mirek Dusek, WEF's managing director, told AFP on Tuesday that AI opens the door to new opportunities in education, healthcare and other areas.

"We are blessed with a lot of technological advancements recently, but the main imperative for decision-makers around the world is really: how do you make sure this counts in the real economy?" Dusek said.

There is a "risk of a backlash against some of these technologies", he warned.

Adding to pressure on the international economic system is the US-Israeli war with Iran, which has stymied shipping from the oil-rich Middle East.

- 'Tepid environment' -

These headwinds have led the World Bank to reduce its global growth forecast for this year to its lowest level since the Covid pandemic.

The world economy is currently facing "a tepid environment", Dusek said.

Li Qiang's speech at the "Annual Meeting of the New Champions" -- held this year in the northeastern port city of Dalian -- offered the chance to deliver a message to the influential group of tech and business leaders in attendance.

Beijing's number-two leader characterised China's economy as a "safe haven" in a world now struggling with "multiple shocks, including global energy shortages and severe disruptions to production and supply chains".

The country has "injected a valuable dose of certainty into an increasingly uncertain world", Li said.

China's economy -- second in size only to that of the United States -- has nonetheless found it challenging in recent years to keep up with its breakneck pace of development in previous decades.

Despite a striking boom in exports and AI tech, sluggish household consumption and an entrenched property sector debt crisis have weighed on growth since the pandemic.

Complicating matters is Beijing's tumultuous relationship with Washington.

Graham Allison, professor at the Harvard Kennedy School, told AFP in Dalian that a potential war between the two great powers is very much on the table.

Allison is known for coining the term "Thucydides trap", a political theory that describes an increased likelihood of war when a rising new power -- such as China -- competes with an established power, like the United States.

- Avoiding woes of history -

However, recent engagement between the Chinese and US presidents is reason for optimism that a war can be avoided, Allison said.

At a summit in Beijing last month, China's Xi Jinping asked Donald Trump if the countries could "transcend the so-called 'Thucydides Trap' and forge a new paradigm for major-power relations".

Xi "clearly gets it" and his mention of the obscure historical concept "wasn't by accident", Allison said.

Trump, meanwhile, is "erratic in his own way", he added, calling the Iran war this year a "terrible" and "unnecessary mistake".

But Trump "understands China is different", especially after the country strangled US access to critical rare-earth minerals in response to lofty tariffs Trump imposed, Allison said.

"These two presidents are clearly trying to redefine the relationship or reframe it in a way that'll overcome Thucydides's trap."

M.T.Smith--TFWP