AI Artificial Intelligence Policy Statement

Artificial intelligence (AI) is an umbrella term, broadly understood to mean the science of making a machine appear to replicate intelligent behaviour. While variations of AI deployment have been recorded since the 1950s, today’s increased and more accessible computational power, connectivity, enhanced algorithms and the evolution of big data are becoming core foundations and drivers of this technology. As with all technological innovations, while AI encapsulates tremendous opportunities for society, new challenges are also introduced.

To embrace AI as an accelerator for realising inclusive and sustainable economic growth, the International Chamber of Commerce (ICC) has prepared this policy statement to increase understanding among governments and business about how the technology works in practice, and the types of policy approaches necessary to support human-centric AI. ICC plans to use this resource as a launching board for developing business principles on AI to foster trust and accountability, while encouraging collaboration among relevant stakeholders to enable its broad adoption.

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