# AI governance must balance ambition and humility: President Tharman

- Date: 2024-05-29
- Who: Tharman Shanmugaratnam (President of Singapore) · CNA
- Source: https://www.youtube.com/watch?v=8pcRC9cXeo0
- sgai: https://sgai.md/videos/v027/
- License: sgai-authored content (summaries, translations, analysis) is CC BY 4.0 — attribute and link to sgai.md. Verbatim source text (Hansard, speeches, transcripts, policy documents) remains © its original rights holders and is reproduced for reference only. Terms: https://github.com/meltflake/sgai/blob/main/DATA-LICENSE.md

## Why it matters

On 2024-05-29, Tharman Shanmugaratnam, in his capacity as President, set the tone at the Asia Tech Summit to endorse Singapore's innovation-first approach distinct from the EU's stringent regulation, but did not provide specific regulatory mechanisms

## Summary

At Asia Tech x Singapore, President Tharman Shanmugaratnam stresses that AI governance must strike a balance between ambition and humility.

## Key points

- President Tharman frames AI governance as a balance between ambition and humility.
- Trying to guarantee only beneficial AI outcomes would halt progress in medicine and scientific discovery.
- International cooperation is essential to capture upside and avoid harm.

## Full text

© CNA — reproduced for reference only.

president th shamur ratnam says that balancing both ambition and humility is crucial to how we harness and regulate artificial intelligence and this comes as Ai and related Tech are advancing at a very fast pace speaking at the opening Gala of Asia Tech Singapore he says it's also not realistically feasible to ensure that AI only delivers good it would mean putting a stop to AI in inovation and that means putting a moratorium on all the potential good that AI can bring in medical science and Discovery and a whole range of other areas so we cannot realistically aim to ensure that Ai and the related Technologies surround it only delivers good plus he says that AI governance is needed for Innovation and that's so advancement in such Tech remains trusted and accepted by societies the President also stressed that International cooperation is crucial to reap the benefits and prevent potential harms whether we get a world of plentiful and better jobs a world sayfe for democracy depends on what we do now working collaboratively between scientists and Engineers public policy makers private Corporation ations labor leaders Civil Society to shape technological EV Evolution to deliver the most good and avoid the worst