Business and political elites head to the World Economic Forum’s annual meeting in Davos next week with its vision of a rules-based global economic order being tested to the limits.
In the Government & Public Sector, a fragmented global order could hinder the development and deployment of AI for public services such as border security, disaster response, and international cooperation on global challenges. Governments need to develop AI strategies that account for geopolitical risks and ensure data sovereignty while fostering collaboration with trusted partners.
Companies must prepare for potentially diverging AI regulations and standards across different regions, increasing compliance costs and potentially limiting the scalability of AI solutions. Increased effort must be put into ensuring data privacy and security as well as compliance with various international laws. AI project managers must factor in the risk of regulatory fragmentation and adapt their strategies accordingly.