Daily Newsletter

19 January 2024

Daily Newsletter

19 January 2024

Davos: AI Governance Alliance calls for stronger global collaboration

The World Economic Forum's AI Governance Alliance has explored the potential risks of advanced AI in three new reports. 

Kurt Robson January 18 2024

As global leaders and industry power players gather in Davos to address the world’s most pressing problems, the World Economic Forum’s (WEF) AI Governance Alliance (AIGA) has called for stronger collaboration to create a framework for advanced AI.

In a series of three new reports, AIGA has focused on unlocking the value and creating a framework for generative AI (GenAI) usage. AIGA said a global effort is needed to create equitable access to AI. According to Cathy Li, head of AI, data and metaverse at the WEF: “The AI Governance Alliance is uniquely positioned to play a crucial role in furthering greater access to AI-related resources, thereby contributing to a more equitable and responsible AI ecosystem globally.” “We must collaborate among governments, the private sector and local communities to ensure the future of AI benefits all,” she added. AIGA has called for experts in various sectors to address key areas such as improving data quality across nations, boosting computational resources and adapting foundation models to suit local challenges. A strong emphasis has also been placed on education to navigate local AI ecosystems effectively. AIGA has also explored the potential risks of advanced AI has in creating stronger digital divides in its new reports. The briefing paper series, released today (18 January), was carried out in collaboration with IBM Consulting and Accenture.

Non-Alcoholic Beverages Packaging Industry Dynamics

In 2022, the soft drinks sector held the largest non-alcoholic beverages packaging market share, while the hot drinks sector is forecasted to register the fastest growth during 2022–27. Rigid plastics are usually a preferred choice in the non-alcoholic beverages industry because of their portability, convenience, and lightweight nature that facilitate on-the-go consumption.

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