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World Economic Forum Establishes AI Governance Alliance to Ensure Safety in the Use of Artificial Intelligence

World Economic Forum Establishes AI Governance Alliance to Ensure Safety in the Use of Artificial Intelligence

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The World Economic Forum established the AI Governance Alliance, bringing together leaders from diverse sectors such as industry, government, academia and civil society to support the responsible global development and use of transparent and inclusive AI systems.

Key Goals of the AI Governance Alliance

  1. Building Secure Systems and Technologies: In this area, scientists and AI manufacturers will collaborate to develop and standardize technical safeguards in the field of innovative AI in order to create a consensus on the measures that should be taken during the development phase. This includes setting clear boundaries for AI development and use, standardizing terminology, aligning AI systems with human values and ethical principles, increasing transparency to foster accountability and trust, and establishing robust methods for assessing the safety and performance of innovative AI technologies.
  2. Resilient Governance and Regulation: The AI Governance Alliance focuses on bringing together public sector officials and regulators to create robust governance and institutions that can oversee innovative AI for years to come. In this framework, it is aimed to develop public sector solutions and infrastructures that can respond to the challenges posed by innovative artificial intelligence systems. Thus, the complexities that may arise in the future scenario where the public and private sectors collaborate will be foreseen in advance. Key focal points in setting this goal include fostering innovation, better understanding the specific needs of various sectors and regions and ensuring that technology functions as a positive force for humanity.
  3. Responsible Practices and Transformation: Leaders from the private and public sectors, civil society and academia will collaborate to illuminate how innovative AI is being applied in organizations by assessing the opportunities and risks associated with its adoption.

Conclusion

Artificial intelligence is becoming more and more important in our daily lives. The AI Governance Alliance, which was created to minimize the risks that may arise in the face of this rapid development of artificial intelligence by taking the necessary precautions and to publish the responsible use of innovative artificial intelligence applications, is of great importance as it both brings together leaders from various sectors such as government, academia and civil society and as it is the first major initiative in the world to ensure the safety of innovative artificial intelligence systems.

By Yasemin Keskin, Senior Associate, and Vildan Defne Soylemezoglu, Associate, Guleryuz Partners

Guleryuz Partners at a Glance

We are Güleryüz Partners, an Istanbul based law firm, offering high-quality legal services to domestic and multinational clients.

Our team consists of energetic young professionals who are led by talented partners with strong academic backgrounds at prestigious universities in the USA, UK, and Germany, coupled with vast market experience exceeding a decade at top tier Turkish law firms. All our associates are fluent in English and provide legal advice in additional languages such as German and French.

Our practice ranges from complex disputes to sophisticated M&A and finance transactions. We provide niche legal services in a wide range of legal areas such as litigation and dispute resolution, local and cross border M&As, banking, finance and capital markets, venture capital investments and start-ups, and compliance and corporate governance (including data privacy, anti-corruption and white-collar crime, AML, and sanctions).

We value strong communication and information flow among our departments for the perfection of our legal services. This interdepartmental coordination enables us to take a more client-centric approach and to better understand and cater for the client needs. Our business perspective goes beyond providing excellent legal advice to our clients; we also collaborate with them as their business partners and offer them the entire legal ecosystem that they can thrive their business.  

As Güleryüz Partners, we heavily invest in our pro bono projects in Turkiye and work together with institutions, foundations, and other organizations to provide legal advice to the persons in need of help, while acknowledging the high costs usually associated with high quality legal services limit the access to justice for many people.

We also pride ourselves on fostering and promoting a diverse, equitable and inclusive work environment where every individual feels valued and respected.

For further information, you may visit our website at www.guleryuz.av.tr.