Who should own AI? The case against – and for – nationalisation
A blunt approach would miss the mark. In any case, the state would do better if it acted as a referee rather than the main player.
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Instead of looking at nationalising AI, the state should act as a referee and also set up sandboxes in which new tools can be tested, says the writer.
ST PHOTO: JASON QUAH
In May, DBS’ chief economist Taimur Baig and former International Monetary Fund economist and author Anthony Annett made a case in The Business Times for nationalising parts of the AI industry – the same treatment reserved for nuclear weapons and central banks.
It was a well-argued piece and deserves a careful answer.
