Singapore’s Marina Bay waterfront.
Singapore is taking a unique approach when it comes to regulating artificial intelligence (AI). Rather than jumping to regulate AI, the government is adopting a wait-and-see approach. Lee Wan Sie, the director for trusted AI and data at Singapore’s Infocomm Media Development Authority (IMDA), stated that they are not currently looking at regulating AI. However, the government is actively promoting the responsible use of AI.
To encourage responsible AI practices, Singapore has launched AI Verify, the world’s first AI testing toolkit. This toolkit allows users to conduct technical tests on their AI models and record process checks. Companies are being called upon to collaborate and utilize this toolkit.
According to Lee, Singapore wants to observe how AI is being used before determining if regulation is necessary. He emphasized the importance of learning from the industry and working together with industry practitioners, research organizations, and other governments.
AI Verify was launched as a pilot project in 2022, with tech giant IBM and Singapore Airlines already participating in the program.
While there have been global calls for AI regulation, Singapore believes in a collaborative approach. The government recognizes the gap between policymakers’ understanding of AI and the reality of its implementation in businesses. Haniyeh Mahmoudian, an AI ethicist at DataRobot and an advisory member of the U.S. National AI Advisory Committee, states that collaboration and toolkits benefit both businesses and policymakers.
Tech giants like Google, Microsoft, and IBM have joined the AI Verify Foundation, an open-source community dedicated to discussing AI standards, best practices, and governance.
Stella Cramer, APAC head of international law firm Clifford Chance’s tech group, describes Singapore as a “steward” in the region, allowing for innovation in a safe environment. Singapore’s consistent approach of openness and collaboration has positioned it as a jurisdiction where technology can be tested and rolled out with regulatory support.
Singapore has also implemented other pilot projects, such as the FinTech Regulatory Sandbox and healthtech sandbox, to provide industry players with a live testing environment before market deployment.
These structured frameworks and testing toolkits will guide AI governance policies and promote safe and trustworthy AI for businesses. Lee from IMDA acknowledges the potential usefulness of AI Verify in demonstrating compliance with regulatory requirements.
In summary, Singapore is taking a cautious yet proactive approach to AI regulation, focusing on collaboration, learning from the industry, and promoting responsible AI practices through toolkits and partnerships.
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