Artificial intelligence (AI) has the potential to fundamentally change business processes, and also have a significant impact on human well-being. However, its fast-paced development and continuous transformation are fuelling widespread concerns and forcing governments to create legislative standards and policies to ensure that AI is safely developed while urging companies to adopt a common framework. This was at the heart of the conversation at the AI Safety Summit at Bletchley Park in the U.K., where the Bletchley Declaration was officially signed, aiming to reinforce the design, development, deployment, and use of AI in a safe manner. Imran Ahmad, our Head of Technology and Co-head of Information Governance, Privacy and Cybersecurity, echoed the importance of the declaration: "It allows countries to have a framework for their respective jurisdictions, but, more importantly, allows businesses to have more certainty around what standards they should be trying to meet from a best practices standpoint."
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