Riyadh - Sharikat Mubasher: Saudi Arabia paved the way for generative artificial intelligence (GenAI) regulations and legislations that the world knows today, Abdullah Alswaha, Minister of Communications and Information Technology, announced during the World Economic Forum (WEF) Special Meeting on Global Collaboration, Growth, and Energy for Development.

In a panel session titled “AI, Productivity, Work: Can We Have it All?”, Alswaha said that in 2020 the Kingdom led the G20 consensus around the Organization for Economic Co-operation and Development (OECD) Principles of Trustworthy AI, which cleared the way for the current AI Act and other different legislations.

He affirmed that the OECD Principles have not stifled innovation in the Kingdom.

Furthermore, the minister stated that Saudi Arabia is shifting from the industrial revolution to the intelligence revolution.

The WEF Special Meeting takes place in the Saudi capital on 28 and 29 April, with the participation of more than 1,000 world leaders from all sectors and industries.

It aims to contribute to a more stable and inclusive economic future by leveraging global cooperation for economic development, promoting a global energy transition that underpins sustainable development, and advancing technological advancement.