Masood pointed out that there is little point to regulating research and development in AI, because the rules tend to miss the point and impose unnecessary burdens. However, regulating the application of AI is useful, and Masood would like to see more of it. Singapore has led the way with regulation, and the EU is “moving fast.”

He mentioned positively a recent AI risk management framework (RMF) from NIST as a step making AI more fair, safe, and explainable.

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