Why Southeast Asia Needs to Collectively Harness AI

Why Southeast Asia Needs to Collectively Harness AI

Artificial intelligence is revolutionizing the global landscape, presenting both new possibilities and challenges across multiple sectors. The swift adoption of AI technology brings to the fore critical ethical, societal, and legal considerations that necessitate thoughtful regulation. In the culturally, economically, and politically varied terrain of Southeast Asia, the development of AI governance is a multifaceted and pressing endeavor requiring collaboration among diverse stakeholders.

As a vibrant and burgeoning region, Southeast Asia boasts over 650 million inhabitants and a collective GDP of $3.2 trillion. The region has rapidly adopted digital innovation, a trend that the pandemic has significantly bolstered, escalating the demand for, and provision of, digital services and solutions. AI stands at the forefront of this technological leap, offering enhanced capabilities and efficiencies across numerous fields, including e-commerce, financial technology, healthcare, education, agriculture, and the development of intelligent urban infrastructure.

According to a report, AI could significantly boost Southeast Asia’s economy, potentially increasing GDP by 10 to 18 percent by 2030, which translates to an increase of nearly $1 trillion. Further research by IDC underscores AI’s pivotal role in regional business, with 83% of Southeast Asian business leaders affirming its critical importance for competitiveness. Additionally, AI is recognized as a catalyst for societal benefits, with 86% of business leaders and 77% of workers in the region confident that AI will help overcome social challenges and enhance citizens’ quality of life.

Nonetheless, several obstacles impede the full realization of AI’s potential in Southeast Asia. These barriers include a scarcity of AI expertise and talent, insufficient awareness and trust in AI, subpar data quality and governance, and inadequate infrastructure and digital connectivity. Consistent among various studies is the consensus on the necessity for a robust, cohesive AI regulatory framework. Such a framework should tackle AI’s ethical, social, and legal challenges, including issues related to privacy, security, accountability, transparency, fairness, and human rights.

Regulating AI is a nuanced task that encompasses multiple aspects, including technical, legal, ethical, social, and economic dimensions. The approach to AI regulation must consider the varying contexts, purposes, and impacts of AI applications, as well as the differing values, norms, and interests of stakeholders like governments, businesses, civil society, academia, and end-users. Developing AI regulations calls for a measured approach that safeguards AI’s safety, security, and trustworthiness while promoting its innovation, competitive edge, and inclusivity.

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Formulating AI regulations in Southeast Asia offers distinct challenges and opportunities. A primary challenge is the lack of a coordinated vision for AI development and governance, leading to potential inconsistencies and disjointed efforts among the region’s nations.

The discrepancy between rapid AI advancements and the slower development of regulations may cause uncertainty and inefficiency. Policymakers and regulators also face a delicate balance between fostering AI innovation and the imperative for regulation, which may lead to complex trade-offs.

Addressing the differing priorities and values of stakeholders on AI ethics, including privacy and human rights, adds to the challenge. Moreover, tackling AI’s transnational elements, such as data sharing and enforcement across borders, adds complexity.

Opportunities are present as well. Regional collaboration could capitalize on collective strengths, resources, and knowledge, promoting shared best practices. Engaging stakeholders in the regulatory process can lend greater legitimacy and effectiveness to AI policies. Additionally, this engagement offers a chance to pilot innovative regulatory approaches like co-regulation or soft law.

Southeast Asia has the potential to lead in AI governance, setting a precedent for other developing regions and contributing a valuable perspective to the global AI discourse.

Given the intricate landscape of AI regulation in Southeast Asia, it’s essential for nations and stakeholders within the region to collaboratively forge a unified and coherent vision and strategy for the development and governance of AI. This shared direction should emphasize a human-centric and value-based regulatory approach, placing human interests, rights, and dignity at the heart of AI’s design, development, and application. It’s vital that AI supports and enhances the values and principles prevalent in Southeast Asian societies, including diversity, inclusivity, and sustainability.

The regulatory framework must also be risk-based and context-specific, assessing the potential and actual risks associated with AI applications and customizing regulations to fit the intended use and potential impact of AI, distinguishing between varying levels of risk.

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A comprehensive strategy is necessary, one that spans the entire AI lifecycle from data collection to deployment and monitoring. This strategy should ensure that all AI-related policies and regulations, such as data protection and human rights, are in sync and coordinated.

Incorporating a collaborative and participatory methodology in AI regulation is also important. This means actively involving stakeholders from government, business, civil society, academia, and the user community in the development, implementation, and review of AI policies, fostering a culture of trust, transparency, and accountability.

Lastly, an adaptable and evolutionary approach to AI regulation is crucial, one that continuously monitors and assesses the effectiveness of AI policies and regulations and is flexible enough to update and revise them in response to the fast-paced changes and advancements in AI technology and applications. By adopting such a vision and strategy, Southeast Asia can secure AI’s safety, trustworthiness, and beneficial growth, while also nurturing innovation, competitiveness, and inclusivity.

Southeast Asia’s vibrant growth is increasingly powered by artificial intelligence, which brings both opportunities for expansion and complex ethical considerations. As the region becomes a formidable economic power in a tech-driven world, the development of thorough AI regulations is crucial.

The rise of AI in Southeast Asia heralds transformative prospects, driving sectors forward and hinting at significant economic benefits. However, the region faces challenges like skill gaps, infrastructural deficits, and governance issues that hinder the full benefits of AI, highlighting the need for comprehensive regulations.

Regulating AI in this dynamic region involves navigating a complex web of social, economic, and ethical factors. While the lack of consistent vision among nations, the mismatch between rapid innovation and slow regulatory response, and varied interests among stakeholders add layers of difficulty, these challenges also open doors to collaborative and innovative regulatory approaches.

The path ahead calls for a unified effort to create a regulatory environment that prioritizes human values and is flexible enough to adapt to new developments. By fostering a framework that is rooted in human welfare, context-sensitive risk management, thorough oversight, collective engagement, and responsive governance, Southeast Asia can establish a robust and forward-looking AI governance structure.

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Regulating artificial intelligence in Southeast Asia transcends routine compliance; it represents a collaborative venture to maximize the benefits of AI while protecting societal norms and individual freedoms. This collective effort by Southeast Asian countries to tackle the intricacies of AI regulation is not just about ensuring responsible and ethical use but also about establishing the region as a leader in the global discourse on AI governance.

As Southeast Asia progresses, the impact of its collaborative approach to AI regulation will resonate beyond its borders. This initiative is symbolic, showcasing a commitment to balancing technological innovation with ethical standards. It is reshaping the narrative of technological progress to one that aligns with the well-being of society. Through these concerted efforts, Southeast Asia is crafting a story of transformation, one where advances in technology are in step with the enrichment of our human experience.

 

Source: https://intpolicydigest.org/why-southeast-asia-needs-to-collectively-harness-ai/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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