Artificial intelligence hopes meet global risks at Summer Davos

The world risks “losing control” of frontier technology such as artificial intelligence if governments are too slow to regulate it, China’s premier warned attendees at “Summer Davos” on June 24.

Fears are growing of AI-driven disruption to labour markets and the security risks it poses.

“The speed of technological progress is unprecedented,” Premier Li Qiang said in a speech, noting that artificial intelligence has boosted “innovation efficiency.”

“However, we cannot ignore increasingly prominent risks of losing control of technology and ethical lapses,” he said.