This session explored the critical role of regulation and governance in fostering responsible AI development across Latin America and the Caribbean (LAC). Discussions emphasized the need to balance innovation with accountability, ensuring that AI adoption promotes equitable development while mitigating risks such as inequality, digital exclusion, and misuse.

Key themes included the importance of ethical frameworks, inclusive policies, and regionally adaptive regulatory models. Participants stressed the value of aligning AI strategies with global best practices while addressing the unique socio-economic challenges of the region. A strong emphasis was placed on embedding ethics throughout AI lifecycles, fostering regional collaboration, and building the necessary talent and infrastructure to support sustainable innovation.

The session highlighted the transformative potential of AI to advance development goals in areas like healthcare, education, and public services, while also addressing challenges such as misinformation and environmental sustainability. Participants called for collective action, regional cooperation, and the establishment of mechanisms like a regional AI observatory to monitor trends, share knowledge, and guide policy-making.