The real purpose of Waico, China’s AI club
China’s Waico, despite excluding G7 and EU members, aims to shape global AI governance and standards, extending Beijing’s influence without formal regulatory authority.
The Shanghai-based organisation does not need authority to shape artificial intelligence use globally
Eddie Milev
THE announcement of an American-Chinese artificial intelligence dialogue on Sep 26 suggests that the two nations are making a pragmatic effort to erect guardrails around an accelerating tech war.
It follows China’s launch of the World Artificial Intelligence Cooperation Organization (Waico) in July. The following day, Xi Jinping, China’s president, opened the World AI Conference calling for a “just and equitable” system of global AI governance and warned against “overstretching the national security concept” in the field – a clear rebuke of American policy.
The temptation in the West is to dismiss the founding of Waico as theatre. Although 29 countries have signed the agreement, no G7 country joined, nor did any nation from the EU.
Source: The Business Times https://www.businesstimes.com.sg/opinion-features/real-purpose-waico-chinas-ai-club
