Shaping the future : AI's role explored at World Government Summit 2024

This year's World Government Summit, being held from February 12th to 14th, with the theme "Shaping Future Governments' has cast a significant spotlight on Artificial Intelligence (AI), recognizing its capacity to revolutionize various sectors and shape the future landscape of governance.

Today marks the third and final day of the World Government Summit, where India holds the guest of honor position. Prime Minister of India Narendra Modi is set to address the summit.

Generative AI, with its ability to generate new and original content, has emerged as a formidable force shaping the trajectory of the next decade or two. Global leaders engaged in discussions highlighting its far-reaching impact and the urgent need for effective regulation, ethical design, and adaptation strategies for governments and organizations.
Panelists from around the world convened to address the crucial issue of embedding trust in the AI data pipeline. They tackled challenges such as data bias and transparency in AI systems, underscoring the importance of fair and responsible data practices to instill trust in AI development and implementation.

Experts delved into the pivotal role of AI in shaping the global economic landscape. They explored how AI is transforming sectors such as finance, manufacturing, and healthcare, introducing new business models, enhancing productivity, and driving economic growth. However, they also acknowledged challenges such as job displacement and advocated for initiatives focused on reskilling and upskilling the workforce.

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