AI outpacing laws; govts need adaptive rules: WEF's Cathy Li

A recent study by the World Economic Forum (WEF) indicates that only about 1% of organizations have fully implemented responsible artificial intelligence (AI) practices. In an email exchange with ET, Cathy Li, head, Centre for AI Excellence and member of the executive committee, World Economic Forum stated that governments should focus on creating regulations that can adapt as AI technology develops, rather than attempting to keep pace with static rules.