NEDA, PCC, USAID seek to modernize PH ICT laws

The National Economic and Development Authority (NEDA) and the Philippine Competition Commission (PCC) teamed up to host a learning session on Artificial Intelligence (AI) for select policymakers and media stakeholders to pursue the modernization of existing ICT laws Supported by the U.S. Agency for International Development (USAID), the roundtable discussion titled, “Introduction to AI and Emerging Technologies,” provided an overview of emerging AI tech using a hands-on approach for participants to better understand how the technology works. The session aimed to foster an open dialogue among experts, policymakers, and stakeholders to inform policy development at the Congress. By updating legislation, the government can use and regulate AI so that citizens and businesses can take full advantage of technology in safe and productive ways. The advent of AI and other emerging technologies ushers in a new era of innovation, possibilities, and challenges. To harness its full potential in boosting socio-economic development, adequate policies must consider its ethical, societal, and governance issues. In his opening remarks, PCC Executive Director Kenneth V. Tanate expressed hope that the roundtable discussions would enhance understanding of the opportunities and challenges posed by AI. “Through these sessions, it is my hope that we can weigh the innovative promises of AI while also considering ethical and legal implications these might have on our society. Through careful study and assessment, I believe we can harness the benefits of AI in industries that need such innovation the most, while also tempering whatever unintended negative consequences might come with it,” he said. Tanate added, “This is why the PCC has sought to be proactive in confronting such issues, assessing how they can both help and harm the country’s competitive business environment.”