The Philippines: A Call for Balanced AI Governance
A lawmaker in the Philippines has emphasized the need for a cautious and consultative approach to regulating artificial intelligence (AI) within the country. This perspective comes in light of the benefits that AI offers, alongside the new risks and challenges it presents. The call was made during an event organized by the Federation of Indian Chambers of Commerce, where Senator Grace Poe highlighted the importance of developing clear and carefully crafted guidelines to govern AI technologies.
Concerns Over Hasty Legislation
Senator Poe pointed out that while there are laws currently proposed in the Senate regarding AI governance, it is crucial that these laws are not rushed through without proper consultation. “It’s very important that we don’t just rush and pass a law without actual and proper consultation,” she remarked. Her caution stems from the nuanced nature of technology, particularly emerging technologies like AI, which require a balanced regulatory approach to avoid stifling innovation.
The Need for Regulatory Oversight
While advocating for some level of regulatory oversight, Poe acknowledged the vast potential applications of AI in everyday life. “AI has to be somewhat regulated because, for example, we know that they use AI now to impersonate people and to scam people,” she stated. However, she also recognized that AI plays a significant role in research and has various other beneficial applications that enhance quality of life. This duality necessitates a careful balance in developing legislation that addresses both the risks and rewards of AI.
Efforts Toward a National AI Strategy
Poe’s statements coincide with the Philippine government’s ongoing efforts to formalize a national AI strategy, supported by the National Innovation Council’s agenda through 2032. This initiative aims to develop an innovation roadmap that will enhance the country’s global competitiveness by 2028. Despite its modest income level, the Philippines is recognized in international assessments for its high AI readiness, ranking favorably in areas such as digital infrastructure and human capital development.
The Role of the Indian-Filipino Community
In her remarks, Senator Poe also expressed appreciation for the contributions of the Indian-Filipino community to the country’s economic and social development. She cited successful partnerships between Indian and Filipino businesses, exemplifying a shared commitment to progress. Such collaborations, including the development of the Cebu-Mactan International Airport by Megawide, a Filipino firm, and GMR, an Indian infrastructure company, highlight the potential for fruitful international partnerships.
Public Service Act and Foreign Investment
Senator Poe, who played a pivotal role in the passage of the Public Service Act, has opened key sectors, such as telecommunications and transportation, to increased foreign participation. This revised law aims to attract more foreign direct investment (FDI) by clarifying which industries are classified as public services versus public utilities. “We believe that opening up the economy to more players will encourage competition, which will spur efficiency and give consumers better choices,” she noted.
With these policies in place, there is hope that more Indian enterprises will consider the Philippines a prime investment destination, further fostering economic growth.
For AI to thrive amidst growing challenges, a robust governance framework is essential. This may involve integrating an enterprise blockchain system that ensures data quality and ownership, thereby safeguarding data while maintaining its immutability.