Douglas L. Peterson, President and CEO of S&P Global, has highlighted China’s swift advancements in artificial intelligence (AI), emphasizing the need for shared global standards in the rapidly evolving sector. Speaking to CGTN, Peterson acknowledged that China is moving with speed in AI development, paralleling global trends in technology innovation.
“China is moving quite fast in AI development,” Peterson remarked, noting the competitive landscape of AI on the international stage. He underscored the importance of establishing shared AI standards to ensure interoperability, safety, and ethical considerations across borders. “For S&P Global, it’s important to have a shared AI standard,” he told CGTN.
The call for unified standards comes amid a global surge in AI applications, impacting industries from finance to healthcare. As countries invest heavily in AI research and deployment, the harmonization of standards is seen as a critical step to facilitate collaboration and mitigate risks associated with AI technologies.
Peterson’s comments reflect a growing consensus among industry leaders on the necessity of global cooperation in AI governance. By advocating for shared standards, organizations like S&P Global aim to promote innovation while ensuring that AI developments align with universal ethical principles.
The emphasis on collaboration resonates with the broader business community and policymakers who are navigating the opportunities and challenges presented by AI. As China and other nations continue to advance in this field, the establishment of common standards could play a pivotal role in shaping the future of global AI integration.
Reference(s):
cgtn.com
