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Global AI Standards Key to Reducing Risks, Says NTT Data CEO
Abhijit Dubey, CEO of Japanese IT giant NTT Data, has emphasised the need for global regulatory standards in artificial intelligence (AI) to mitigate risks associated with the rapidly evolving technology.
Speaking on the sidelines of the World Economic Forum’s annual meeting in Davos, Switzerland, Dubey said, “The issue, especially as it relates to AI, is not overregulation or under regulation, but more standard regulation globally. That’s what we really need because otherwise, we create a lot of risks.”
Dubey highlighted key areas where a unified approach could deliver significant benefits, including intellectual property protection, energy efficiency, and measures to combat piracy and deepfakes.
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He also stressed that businesses must align their AI strategies with overall operations to fully capitalise on the technology’s potential.
According to Dubey, the main challenge lies not in the advancement of AI itself—technology that is continuously improving—but in companies’ readiness to adopt it.
“The biggest issue with AI in terms of getting value is not the technology; the technology is there. It will only get better, and it will get better faster,” Dubey said. “It’s about whether a company’s workforce is prepared to embrace the technology and if their data architecture is in place to implement it effectively.”
NTT Data, which has a significant presence in South Africa, is among the global players advocating for a standardised approach to AI regulation to balance innovation with safety and security.
