Women walk past a booth dedicated to the Artificial Intelligence (AI) during the World Economic Forum (WEF) annual meeting in Davos on January 18, 2024. AFP PIC
Women walk past a booth dedicated to the Artificial Intelligence (AI) during the World Economic Forum (WEF) annual meeting in Davos on January 18, 2024. AFP PIC

Walking around in Davos where the global elites gathered for the World Economic Forum last week, there were two inescapable words on the windows: artificial intelligence (AI).

If 2023 was the year everyone — including investors and politicians — were feverishly excited about AI, 2024 looks set to be a more sober year where people try to tackle how the world benefits from AI while mitigating its risks.

AI was the buzzword on everyone's lips at the World Economic Forum, when they weren't talking about a possible return of former United States president Donald Trump.

The world's biggest tech companies — including Google, Meta and Microsoft — were out in force, with their most senior executives in town for panels and unofficial chats with busines-
ses and politicians from around the world.

The hype over AI reached fever pitch last year after ChatGPT burst onto the scene in late 2022, demonstrating the rapid developments of the technology.

The chatbot could pour out expressive poems and essays in seconds, and even pass medical and legal exams.

ChatGPT also focused minds on AI regulation to protect individuals from its dangers and harness innovation, with politicians in China, the European Union and the US passing or working on legislation last year.

United Nations Secretary-General Antonio Guterres said on Wednesday that climate change and AI had been "exhaustively discussed" by governments, the media and leaders at Davos.

"And yet, we have not come up with an effective global strategy to deal with either."

China's Premier Li Qiang called for global cooperation on the issue, while Guterres told reporters that President Xi Jinping told him he wanted the UN to be at the centre of efforts on AI governance.

Guterres last year set up a panel on AI that delivered a draft report last month, with recommendations on five guiding principles for AI including inclusivity.

The cautious tone had already been set before Davos began last Monday after the International Monetary Fund publish-
ed a report with sobering statistics.

It said AI would affect nearly 40 per cent of jobs around the world, and some 60 per cent in the advanced world — replacing some jobs while complementing others.

With people attending from all over the world including Chi-
na, India, Saudi Arabia and South Africa, there was also focus on what AI would mean for the Global South.

The UN's panel of experts includes Marietje Schaake, international policy director at Stanford University Cyber Policy Centre.

The UN has a "unique role with its global legitimacy", she said, "to correct the wrong, if you want to think about it that way, of not having included people, their contexts, their lived experiences, their needs from the Global South".

Sapthagiri Chapalapalli, head of Tata Consultancy Services Europe, said the "overwhelming majority" of people he spoke to at Davos "feel that (AI) has immense potential".

He described how he fielded different questions from participants, including how to use AI to improve productivity.

Another question that came up, Chapalapalli said, was: How do we do AI in a more responsible manner?

The EU believes its comprehensive law to regulate AI is one of the answers to managing the technology's risks.

There is already a big test for regulators and companies as billions worldwide prepare to vote in polls in Europe, India, Mexico and the US.

At Davos, the dangers posed by AI for those elections were on the agenda.

Senior EU official Vera Jourova said she pressed big tech executives on what they were doing to prepare for the elections.

Jourova also said Brussels' efforts on its AI Act were welcomed.

"What I hear very often from American companies is that the European way of regulating things ahead mitigates risks ex ante, that it creates a bigger legal certainty than in the US."

ChatGPT creator and OpenAI's chief executive officer, Sam Altman, acknowledged the concerns over AI's impact on elections this year but insisted his company was "focused" on the issue.


* The writer is from Agence France-Presse