World Economic Forum launches six Global Councils to help regulate new tech

World Economic Forum launches six Global Councils to help regulate new tech

The World Economic Forum has created 6 Global Fourth Industrial Revolution Councils in order to assist governments and companies with tech governance. The councils will span artificial intelligence, autonomous mobility, blockchain, drones, the internet of things and precision medicine, according to a report published by The Block Genesis.

Elizabeth Rossiello, CEO at BitPesa, and Denis Robitaille, VP, Information and Technology Solutions, World Bank, have been appointed Co-chair of the Global Blockchain Council. Chairs of the other five councils include members of the Chinese Academy of Medical Sciences, Dana-Farber, the European Commission, Microsoft, Qualcomm and Uber.

“Companies and governments are not moving fast enough to anticipate social expectations in the Fourth Industrial Revolution,” Richard Samans, Managing Director and Head of Policy and Institutional Impact, World Economic Forum told The Block Genesis. “We believe that that this bottom-up, societally-focused approach can help to build and maintain public trust in the technologies while strengthening the evidence base on which policy decisions are made by governments and companies.”

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