TMT 2025

SINGAPORE Trends and Developments Contributed by: Rajesh Sreenivasan, Steve Tan, Benjamin Cheong and Lionel Tan, Rajah & Tann Singapore LLP

initiatives, and enterprise-level guidelines. This section highlights some of these key develop - ments in 2024. Model AI Governance Framework for Generative AI (“GenAI”) At the policy level, on 30 May 2024, the Info - comm Media Development Authority (“IMDA”) launched the Model AI Governance Framework for Generative AI (“GenAI Framework”), which aims to establish a systematic and balanced approach to address GenAI risks while continu - ing to facilitate innovation. Apart from offering practical suggestions that model developers and policymakers can apply as initial steps, the GenAI Framework also looks at nine proposed dimensions to support a com - prehensive and trusted AI ecosystem, provid - ing highlighted recommendations under each dimension: • accountability; • data; • trusted development and deployment; • incident reporting; • testing and assurance; • security; • content provenance; • safety and alignment research & develop - ment; and • AI for public good. AI Playbook for Small States Singapore’s role in formulating AI policy extends beyond our shores to the international stage. On 22 September 2024, the world’s first AI Playbook for Small States was introduced by Singapore and Rwanda. The Playbook is an anthology of best practices from members of the United Nations Digital Forum of Small States on how they have implemented AI strategies and poli -

cies, and covers the following aspects of AI adoption: • laying key building blocks; • driving AI development and use; • fostering a trusted environment; and • forging global partnerships and cooperation. Digital Enterprise Blueprint Singapore has also sought to provide greater opportunities and facilitate local enterprises’ adoption of AI solutions. For example, the Digi - tal Enterprise Blueprint was launched on 29 May 2024, aiming to accelerate digital transformation and empower Singaporean enterprises by lever - aging emerging technologies such as AI. The ini - tiative will benefit small and medium-sized enter - prises (“SMEs”) through four key focus areas: • empowering enterprises to be smarter by adopting AI-enabled solutions; • enabling enterprises to scale faster through cloud-based and integrated solutions; • equipping enterprises to be safer through improved cyber resilience; and • supporting enterprises in upskilling workers to make full use of digital capabilities. Generative AI Sandbox Following the theme of helping SMEs with AI adoption, on 7 February 2024, Enterprise Sin - gapore and IMDA launched the GenAI Sandbox for SMEs. This initiative allows SMEs to tap into a range of GenAI solutions to enhance their mar - keting, sales, and customer engagement efforts. In this instance, 13 Gen AI solutions have been onboarded to the Sandbox. Project Moonshot Apart from the adoption of AI solutions, Singa - pore has recognised the challenges and impor - tance of ensuring the security of AI systems and

431 CHAMBERS.COM

Powered by