February 24, 2024

We are creating some awesome events for you. Kindly bear with us.

Chinese Tech Experts Call for Trustworthy AI

According to the Trustworthy Artificial Intelligence (AI) White Paper released by the China Academy of Information and Communications Technology, major risks and challenges of AI includes application hazards caused by insecure algorithms, nontransparent algorithmic models, data-derived decision bias, confirmation of liabilities and privacy leaks. China is more or less in the same league as other developed countries in terms of AI advancements. There is a genuine lack of an existing set of proven rules to regulate this market.

China needs to develop technology and formulate governance rules at the same time, which could be the biggest challenge compounding the sector’s development. China once issued principles for next-generation AI governance, pledging to develop responsible AI. The directive addressed eight tenets-harmony and friendliness, fairness and justice, inclusiveness and sharing, respect for privacy, security and controllability, shared responsibility, open cooperation and agile governance.

China has undergone two stages of AI governance, namely responsive governance involving taking reactive measures when problems occur, and concentrated governance that adopts proactive approaches to tackle issues comprehensively. Agile governance, by comparison, manages to strike a balance in promoting technological innovation and balancing potential risk.

One critical objective is to develop reliable AI technology, which can be characterised by its stability, explainability, privacy protections and fairness. The first and foremost task is to find suitable methods to quantify algorithms, models and systems in the above four aspects.

The corporate world has a big role to play. Companies need to fully utilise their suite of retail, logistics, health and technology industrial chain strengths to achieve industrial breakthroughs and contribute to more fundamental research.

An AI company is training its proprietary AI technologies to simulate hacker invasions in a bid to enhance risk-detection capabilities and thus boost its defensive resilience. The technology is now being applied to risk-control scenarios like anti-fraud issues and safeguarding secure transactions on multiple occasions on its mobile wallet.

The scale of the global AI industry reached $156.5 billion in 2020, a year-on-year increase of 12%, according to the research firm. That number stood at 303.1 billion yuan ($46.92 billion) in China, up 15% from the previous year, according to the China Academy of Information and Communications Technology.

China’s AI industry development has made significant progress, with the technological innovation capabilities in some areas ranking among the top in the world. As reported by OpenGov Asia, China ranks first in the world in the number of Artificial Intelligence (AI) patents.

More than 10 AI chips, as well as innovative products brought by more than 300 major AI companies, will be shown at the conference.

According to a report on China’s AI development released by three institutions including the Chinese Association of Artificial Intelligence, nearly 390,000 AI patent applications were filed in China over the past 10 years, accounting for 74.7% of the world total. The core industry size is continuously growing and the integration of AI and the real economy has further deepened.

According to a report on the AI ecosystem in China,  along with the gradual maturation of AI technology observed in recent years, many industry giants in China progressively increased their investment in this new market. The burgeoning applications of AI technology have also expanded the scope of this technology from niche research fields to broader commercial areas. Besides being among the leading nations—in terms of AI research output, China is ideally positioned for the rapid development of AI technology.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend