SEC Board Chair Pachara Niripatphon advises Thailand to establish AI regulation frameworks immediately, given massive capital inflows into AI and data centers. He proposes four risk-based guidelines: (1) adopt flexible, agile mechanisms rather than rigid industrial-era controls; (2) calibrate legal definitions to avoid over-regulation of low-risk uses or under-regulation of high-risk systems; (3) clarify regulatory ownership and tools; (4) prioritize user/consumer protection given Thailand's tech-user status. He cites Singapore's voluntary standards model as more applicable than Europe's stringent AI Act, and warns against rushing without comprehensive impact analysis across legal, social, labor, and economic dimensions.
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