A balanced AI governance framework can develop as technology advances

While there remain unknown risks and benefits from the use of AI for economies and societies, there is a need to start regulating the use of AI and this will require a balanced approach that can develop as the technology develops, IT services company Datacentrix Group CEO Ahmed Mahomed said this week. "It is early [in the development and use of AI], but we have to start at some point. It is imperative to start by developing the framework now so that regulators can consider various aspects of the technology and its applications," he said during the company's 2024 showcase at Monte Casino, in Fourways, Gauteng, on August 22.