Given the speed of technological change in AI and the strategic significance of the digital economy to intra-regional trade in Asia, the exchange of regulatory best practices and challenges among countries in the region is critical to formulating beneficial AI regulations. Asia’s middle powers should coordinate their efforts through an AI governance center of excellence. The European Union, China and the United States may set the benchmarks for AI governance but Asia’s middle powers could shape a regulatory framework that benefits them. In 2023, the EU Parliament debated the Artificial Intelligence (AI) Act, China publicly commented on draft generative AI rules and US industry leaders - including OpenAI CEO Sam Altman - called for robust AI regulation.
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