The writer is founding co-director of the Stanford Institute for Human-Centered AI (HAI) and CEO and co-founder of World Labs

Artificial intelligence is advancing at a breakneck pace. What used to take computation models days can now be done in minutes, and while the training costs have gone up dramatically, they will soon go down as developers learn to do more with less. I’ve said it before, and I’ll repeat it — the future of AI is now. 

To anyone in the field, this is not surprising. Computer scientists have been hard at work; companies have been innovating for years. What is surprising — and eyebrow-raising — is the seeming lack of an overarching framework for the governance of AI. Yes, AI is progressing rapidly — and with that comes the necessity of ensuring that it benefits all of humanity.