Digital regulators embrace strategy to unlock benefits of transformative technologies

Digital regulators embrace strategy to unlock benefits of transformative technologies
The “GSR-24 Best Practice Guidelines" agreed by ICT regulators include a series of considerations for balancing innovation with regulation to create a positive impact on societies and economies from emerging technologies such as artificial intelligence (AI).
The “GSR-24 Best Practice Guidelines" agreed by ICT regulators include a series of considerations for balancing innovation with regulation to create a positive impact on societies and economies from emerging technologies such as artificial intelligence (AI).
“With one-third of humanity still offline and women and other vulnerable groups on the wrong side of the globe's digital divides, GSR-24 and the Best Practice Guidelines highlight the innovation, trust, and inclusivity that we need in the policy and regulatory environment," said ITU Secretary-General, “With change being the only certainty facing regulators and policymakers, we must work together to pursue regulatory approaches to leverage transformative technologies such as AI, promote the space economy, encourage innovation, and support climate action and the UN Sustainable Development Goals."
Charting the course of transformative technologies
“We are excited that the GSR provides a platform where all thought leaders, regulators, industry players and other key ICT stakeholders converge to dialogue and set the policy and regulatory agenda that will guide the global digital industry over the near future," said Uganda's Minister for ICT and National Guidance. “Best practice now calls for a coordinated and collaborative approach that is inclusive of all relevant stakeholders – if we are to achieve the impact that we all desire. We commit to align our national policies and regulatory frameworks around the well-thought-out Best Practice Guidelines that will encourage investment, innovation, and growth in the ICT sector."
Regulators at GSR-24 noted that equal, global access to existing digital services would help countries leverage transformative technologies.
AI, for example, could help network operators conduct better planning and prevent fraud, but it also raises challenges associated with privacy, bias, job displacement, and the reliability of information.
“At GSR-24, we discussed core policy and regulatory issues to maximise the potential of digital technologies to improve lives. We addressed key topics, including new developments in the field of generative AI and robotics, building an inclusive, safe, and sustainable space economy, and required interventions in addressing climate change challenges," said Dr.Director of ITU's Telecommunication Development Bureau. “We brought the global community of regulators together to strengthen our collective capacity to navigate the fast-changing technology landscape and drive sustainable and inclusive digital transformation. We heard from young innovators and entrepreneurs and adopted action-oriented Best Practice Guidelines to help us chart the course of transformative technologies for positive impact."
"As we navigate the transformative landscape of digital technologies, the importance of impactful regulation cannot be overstated," said he “Our shared learnings and collaborative efforts are crucial in shaping a regulatory environment that not only fosters innovation but also ensures that the benefits of technological advancements are widely shared. By recognizing the interdependencies with other sectors, we can create a cohesive framework that supports sustainable development, economic growth, and inclusivity. Together, we have the power to turn technology into a force for positive change, illuminating pathways to a brighter, more connected future."
Aug 3, 2024
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