Malaysia launches national AI office for policy, regulation

The Star

Malaysia has launched a national artificial intelligence office aimed at shaping policies and addressing regulatory issues, as it looks to establish itself as a regional hub for AI development.  Read more at https://tinyurl.com/3vycn359  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00The National Artificial Intelligence Office, NAIO, was launched on Thursday, aimed at shaping

00:08policies and addressing regulatory issues, as it looks to establish itself as a regional

00:14hub for AI development.

00:17Malaysia has secured billions of dollars in investment in the past year from global tech

00:21firms seeking to build critical infrastructure to cater to growing demand for their cloud

00:26and AI services.

00:56In Bahasa, 120 billion ringgit to the country's GDP by 2030.

01:04But all estimates sometimes are quite flawed, because once you review in the next two years,

01:13you may even quadruple the amount.

01:16So among the crowning achievements is the entry of global tech giants.

01:23Some you have heard.

01:25They have set up their R&D centres in Malaysia.

01:30And of course I take this opportunity to thank and express my appreciation to them, their

01:36governments for support, the embassies, they have taken the trouble to give them the additional

01:41confidence.

01:44The NAIO is expected to serve as a centralised agency for AI, providing strategic planning,

01:50research and development, as well as regulatory oversight, among others.

01:55It will pursue seven deliverables in its first year, including developing a code of ethics,

02:01an AI regulatory framework, and a five-year AI technology action plan until 2030.

02:07And ultimately it really comes back to us building trust.

02:12People need to know that the government is on top of it.

02:16They are on top of things.

02:17They understand the benefits that technology brings, the risks that flow along at the same

02:24time, and how it is we as government need to balance it so that we can benefit from

02:33technology without sacrificing humanity.

02:38But there's a lot of work to do moving ahead.

02:41So ladies and gentlemen, let us today start this journey.

02:47Let us accept the fact that AI will change everything.

02:50Technology will change everything.

02:51Let us accept the fact that we are prepared to do what it takes so that we can lead in

02:55this area as well.

02:57Let us look at the National AI Office as being that office that will facilitate this, ensure

03:03that we develop, and we develop fast, on the right path moving ahead.

03:10So Malaysia, let us together rise.

03:14The future is now.

03:17The government on Thursday also announced strategic partnerships with six companies,

03:21including Amazon, Google and Microsoft, which have all announced data center, cloud and

03:26AI projects in Malaysia in the past year.

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