In China’s creation of new global AI body, a push for lead role in governance

At the core of this alternative perspective is the creation of a new international institution called World AI Cooperation Organisation, or WAICO. It is meant to ensure that developments in (and benefits of) AI are accessible to everyone, even developing countries that lack the resources or capability to build their own AI systems from scratch. It also commits to “extensive consultation and joint contribution for shared benefit”. WAICO was proposed at last year’s conference and has now been made operational. Along with China, 29 countries (including Pakistan and Russia) signed an agreement for its creation. It is being projected as…