The document outlines a comprehensive 360° governance framework for generative AI, aiming to guide policymakers in addressing regulatory gaps and promoting effective governance that balances innovation with risk mitigation. It emphasizes the need for cooperation among stakeholders, the examination of existing regulations, and the establishment of future-ready strategies for the evolving landscape of generative AI. The aim is to ensure that the benefits of generative AI are equitably distributed while also considering privacy, intellectual property, and consumer protection challenges.
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