Verses AI Releases Report On Global AI Governance

FULL DISCLOSURE: This is sponsored content for Verses AI.

Verses AI (NEO: VERS) has proposed guidelines for governing artificial intelligence within a new report published by the company.

Written in conjunction with Dentons, the largest law firm globally, and the Spatial Web Foundation, the report, “The Future of Global AI Governance,” is said to offer a unique perspective on governance of AI globally.

Perhaps most significantly, the report proposes the use of an International Rating System for Autonomous Intelligent Systems, or AIRS. The system is designed to reduce blindspots for governments, whom are currently more focused on the potential economic impacts of AI, in an effort to encourage good policymaking.

“We must address the challenge of governing potentially self-regulating AI to ensure alignment with human values and prevent potential risks. By implementing global socio-technical standards and establishing an international AI regulatory sandbox, we believe we can harness the immense benefits of AI while safeguarding against its potential perils,” commented Gabriel Rene, CEO of Verses AI.

The guidelines are said to enable efficient integration of AI, and push the concept of “law as code,” which would entail regulations being converted to machine-readable formats to ensure automated decision making follows laws and local regulations. At the same time, the report also pushes for “future-proofing” AI to ensure that such tech can be overseen and overridden, if necessary.

“The challenge of regulating AI raises complex and often novel questions of law and policy for clients and stakeholders. We hope this report provides a new way of thinking about AI regulation and provides important insights for key stakeholders as they wrestle with the right path forward on AI regulation and try to strike an appropriate balance between innovation and moderation,” stated Dentons US Partner Peter Stockburger.

The full report can be found here.

Verses AI last traded at $2.19 on the Neo.

FULL DISCLOSURE: VERSES Technologies is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Verses Technologies. The author has been compensated to cover VERSES Technologies on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Leave a Reply