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Home»ADOPTION NEWS»Philippines leads ASEAN AI regulatory framework
ADOPTION NEWS

Philippines leads ASEAN AI regulatory framework

By Crypto FlexsJanuary 19, 20242 Mins Read
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Philippines leads ASEAN AI regulatory framework
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at world economic forum In Davos, Philippine Congress Speaker Martin Romualdez announced a significant initiative to present a legal framework for regulating artificial intelligence (AI) to the Association of Southeast Asian Nations (ASEAN) when the Philippines becomes chair of the bloc in 2026. I did. This move is a proactive step to address the growing importance of AI and cybersecurity in the digital economy.

Romualdez’s proposal emphasizes creating a regulatory framework for Southeast Asia based on the Philippines’ own draft legislation on AI. This decision highlights the urgency of managing the rapid development and application of generative AI, which is generating excitement and concern around the world due to its potential for an industrial revolution. The initiative is seen as a “gift” to ASEAN, which seeks to promote regional cooperation in digitalization and cybersecurity within economic policies.

The Philippines’ push toward a structured AI regulatory framework contrasts with ASEAN’s current approach toward a more business-friendly, less compliance-focused model. These differences highlight the different approaches to AI governance in a region characterized by different rules governing censorship, intellectual property rights, misinformation, and internet use.

For the Philippines, this initiative is particularly important with the country’s key business process outsourcing (BPO) sector currently facing significant challenges. Romualdez highlighted the vulnerability of the sector and the need to transform and upskill the workforce to meet the needs of an AI-enabled economy. The proposed legal framework not only meets the needs of the Philippines, but is also suitable for the entire ASEAN region, aiming to promote regional cooperation in the face of technological advancements.

Romualdez’s announcement reflects a global trend of regulators trying to quickly draft regulations to govern the use of generative AI. This emerging technology, with its enormous potential, has become a central focus of many economies and requires a balanced approach that encourages innovation while mitigating risk.

Image source: Shutterstock

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