SCHWAB: ARTIFICIAL INTELLIGENCE REQUIRES A RETHINKING OF GLOBAL GOVERNANCE

XIONGAN, OCTOBER 24 /SRNA/ - The development of artificial intelligence requires a fundamental rethinking of global governance to ensure that technological progress serves all of humanity rather than deepening existing inequalities, World Economic Forum founder Klaus Schwab said at a plenary session of the Global Governance Forum in the Chinese city of Xiongan.

"The greatest test of the Age of Intelligence will not be the power of the systems we develop, but our wisdom in governing that power together, as humanity," Schwab stressed.

Schwab pointed to the need to establish more effective mechanisms for international cooperation and the responsible governance of new technologies, stressing that their application must be accompanied by appropriate safeguards and common standards.

According to Schwab, particular attention should be paid to the impact of technological change on education, healthcare, employment, and the environment, as well as to narrowing the digital divide between developed and developing countries.

Georgios Katrougalos, the UN independent expert on the promotion of a democratic and equitable international order and former Greek foreign minister, said that international institutions must be reformed to address the challenges of the modern world and enable all countries to participate more equally in decision-making.

He pointed to imbalances in the international system, particularly regarding the influence of developed countries in international financial institutions, stressing that existing power relations make it more difficult to build a fairer international order.

"We live in a multipolar world, but multipolarity, if left to its own devices, can lead to clashes between opposing blocs," Katrougalos said, stressing that multipolarity must be based on international law, human rights, and more effective cooperation among countries.

Ali Hossam El-Din El-Hefni Mahmoud, vice-president of the Egyptian-Chinese Friendship Association, said that reforming global governance should not mean dismantling the existing international order, but rather improving it based on the sovereign equality of states, respect for international law, and multilateralism.

He stressed the importance of cooperation between Egypt and China, noting that the two countries are marking the 70th anniversary of their diplomatic relations this year, and highlighted the need for African countries and other developing nations to play a greater role in shaping global policies.

"A stable international order cannot be built if legal rules are applied according to double standards or if international law is subordinated to power relations and influence," Mahmoud stressed.

Forum participants highlighted the need to strengthen international institutions, trust, and cooperation to address the challenges posed by technological development, growing inequalities, and changes in global relations.

The forum in Xiongan brings together representatives of international institutions and the political and academic communities to discuss reforming global governance, strengthening multilateral cooperation, and building a fairer and more stable international order.

The forum in Xiongan is being covered by a journalist from the Media System of Republika Srpska /SRNA/.