In an effort to boost collaboration and align leadership on artificial intelligence (AI), the US Chamber of Commerce’s US-India Business Council (USIBC) has officially announced the establishment of its AI Task Force (AI-TF). The AI-TF aims to advance AI concepts and principles, promote the development and commercialization of AI technologies, and drive multistakeholder processes.
With the increasing significance of AI in today’s rapidly evolving landscape, the AI-TF is poised to be a game-changer. Its strategic focus lies in harnessing the immense potential of AI to enhance competitiveness in both the US and Indian economies. The initiative seeks to leverage AI as a catalyst for progress, upholding shared values, democratic principles, and driving economic prosperity for both nations.
The committee’s leaders include industry veterans Kamal Ahluwalia, President at Ikigai Labs, and Todd Skinner, President of International at TransUnion, as well as Ed Knight, USIBC Board Chairman and Executive Vice-Chairman of Nasdaq. These leaders envision the AI-TF as a major step towards fostering a deeper partnership and promoting a principled approach to AI adoption that prioritizes safety and security.
According to Sethuraman Panchanathan, Director of the US National Science Foundation, partnerships are essential for building a trustworthy, safe, and secure AI enterprise. The rapid advancement of AI necessitates collaboration and resource sharing among researchers to drive cutting-edge innovations while upholding shared values and principles.
The launch of the AI Task Force was also commended by Matthew Pine, President and CEO of Xylem, a leading water technology company. Pine emphasized the importance of collaboration in addressing water challenges and highlighted Xylem’s creation of the Reservoir Center for Water Solutions alongside water sector leaders. The gathering of Director Panchanathan and the US-India Business Council further underscores the significance of collaboration in driving meaningful solutions.
As AI continues to shape the future, the USIBC’s AI Task Force is set to play a crucial role in fostering collaboration, innovation, and shared prosperity between the US and India. By aligning leadership and promoting the responsible development and utilization of AI technologies, the AI-TF aims to create a future where AI drives advancements and benefits societies around the world.
AI Task Force (AI-TF): The AI Task Force is an initiative established by the US Chamber of Commerce’s US-India Business Council (USIBC). Its purpose is to promote collaboration and align leadership on artificial intelligence (AI). The AI-TF aims to advance AI concepts and principles, promote the development and commercialization of AI technologies, and drive multistakeholder processes.
AI concepts and principles: The core ideas and values that guide the development and utilization of artificial intelligence technologies.
Multistakeholder processes: Processes that involve multiple parties or stakeholders collaborating and jointly decision-making on matters related to artificial intelligence.
Competitiveness: The ability of an economy or a company to outperform others in terms of productivity, innovation, market share, and overall success.
Shared values and democratic principles: The AI-TF aims to uphold values and principles that are commonly accepted and valued by both the US and Indian economies, including principles of democracy, fairness, and equality.
Safety and security: The AI-TF emphasizes the importance of prioritizing the safety and security aspects of AI adoption to ensure that AI technologies are developed and utilized responsibly and ethically.
Partnerships: Collaborative relationships between different organizations, researchers, and stakeholders that are essential for building a trustworthy, safe, and secure AI enterprise.
Water challenges: The difficulties and issues related to the management, conservation, and availability of water resources.
Reservoir Center for Water Solutions: A center established by Xylem, a water technology company, in collaboration with water sector leaders. The center focuses on addressing water challenges through innovative solutions.
Some related links:
U.S. Chamber of Commerce
U.S.-India Business Council
Nasdaq
U.S. National Science Foundation
Xylem
The source of the article is from the blog lisboatv.pt