Mr. Principal:
The legislative discussion regarding how to regulate Artificial Intelligence (AI) in Chile is experiencing crucial moments. The Government announced for November a package of indications to the text that is in the Chamber of Deputies and that seeks to regulate this technology.
Until now, we have prioritized seeing the risks of AI instead of its opportunities. It is necessary to be clear on issues as important as the use of data for better credit profiling or help in detecting suspicious patterns of fraud to prosecute crime, which are just a couple of the many social benefits that can come with a good use of AI.
The current project focuses on characterizing high-risk AI and generating sanctions for developers, suppliers and users who fail to comply with the standards described there. This punitive path throughout the value chain is particularly risky, and can mean a disincentive for the entry of fundamental technologies for Chile and that already comply with high international standards of privacy and security, given the possibility of sanctioning whoever creates a technology. for misuse by a private individual.
It is essential that the legislation that Chile prepares protects and benefits its citizens and also allows the country to take advantage of the advances of this technology. Therefore, the indications prepared by the Executive are an opportunity to correct course and reach a text that achieves that long-awaited balance.
Jose Luis Vargas
Executive Vice President of Provenir for Latin America
