The Digital Revolution

06 March 2020

Artificial Intelligence is transforming everyday life. In this short series we will be looking at some of the developments and challenges surrounding it.

6 March 2020

Muriel Cozier

The Organisation for Economic Development (OECD) has launched its Artificial Intelligence (AI) Observatory, which aims to help countries encourage, nurture and monitor the responsible development of trustworthy AI systems for the benefit of society. An event launching the AI Observatory was held in Paris, at end of February 2020.

The AI Observatory is described as a comprehensive database of AI policies from across the world and builds on the momentum developed from the OECD’s first intergovernmental standard on AI.

The Observatory works with policy communities across and beyond the OECD - from the digital economy and science and technology policy, to employment, health, consumer protection, education and transport policy – considering the opportunities and challenges posed by current and future AI developments in a coherent, holistic manner.

The AI Observatory is being built on evidence-based analysis and provides a centre for the collection and sharing of information on AI, leveraging the OECD’s reputation for measurement methodologies. The Observatory will also engage a wide spectrum of stakeholders from the technical community, the private sector, academia, civil society and other international organisations, providing a hub for dialogue and collaboration.

The AI Observatory has five complimentary value-based principles for the responsible stewardship of trustworthy AI. These values include AI benefiting people and the planet by driving inclusive growth, sustainable development and well-being. The principles were developed by a panel of more than 50 member experts.

The OECS’s 36 member countries, along with Argentina, Brazil, Colombia, Costa Rica, Peru and Romania, have signed up to the OECD Principles on Artificial Intelligence.

Speaking at the launch event Andrew Wycoff Director of the Science, Technology and Innovation Directorate of the OECD said, ‘The urgency now is to turn these principles into one of implementation and this is the challenge.’ Wycoff added ‘The speed of what’s happening is really challenging the existing institutions that we have for policy making.’

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