25 Mar 2019
As the AI industry is expected to underpin $15.7 trillion of global economic growth by 2030 and has the potential of growing compoundly at a rate of 75% until the year 2021 the vision of the Government is for Malta to become “a place in which local and foreign companies and entrepreneurs can develop, prototype, test and scale AI, and ultimately showcase the value from their innovations across an entire nation primed for adoption.”
Three strategic pillars upon which the strategy is build were presented during the event: (i) Investment, Start-ups and Innovation; (ii) Public Sector Adoption and (iii) Private Sector Adoption. The Malta.AI taskforce also identified three enablers that cut across all aspects of the national AI Strategy: (i) Education and Workforce, (ii) Legal and Ethical Framework, and (iii) Ecosystem Infrastructure.
As an important enabler for the vision, the ethical and legal framework to be developed will articulate the ethical foundations and the legal principles for acceptable AI systems - human-centric, trusted, transparent and unbiased - as well will look into:
As part of its work, the Task Force and its Ethics and Legal Framework Committee will be defining AI and developing guiding principles for sustaining trust in AI across the public and private sector; actively collaborate with European Institutions and International Organisations on AI related initiatives in order to understand emerging standards and norms.
The High-Level AI Policy document can be consulted here.
For further information kindly contact WH Partners team at firstname.lastname@example.org.