Monday, July 24, 2023

Vancouver British Columbia based VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) announced today the release of a landmark AI industry report "The Future of Global AI Governance.”

According to the release, the report offers a unique perspective on global artificial intelligence (AI) governance that combines the legal expertise of the world’s largest law firm, Dentons, the AI acumen of VERSES, and guidance from the Spatial Web Foundation.

The report introduces socio-technical standards that have the potential to reshape how we confront the challenges of governing AI on a global scale by addressing interoperability, explainability, and the advancement of intelligent and autonomous systems. We believe as technologies evolve at an exponential pace, the need for developing and adopting such socio-technical standards grounded in human rights and values is becoming increasingly apparent.

“We must address the challenge of governing potentially self-regulating AI to ensure alignment with human values and prevent potential risks. By implementing global socio-technical standards and establishing an international AI regulatory sandbox, we believe we can harness the immense benefits of AI while safeguarding against its potential perils," stated VERSES CEO, Gabriel René.

VERSES is a cognitive computing company specializing in next-generation Artificial Intelligence. Modeled after natural systems and the design principles of the human brain and the human experience, VERSES flagship offering, GIA ™, is an Intelligent Assistant for everyone powered by KOSM ™, a network operating system enabling distributed intelligence.

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