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Enforcing competition law for an inclusive AI markets power
As Kenya journeys toward a competitive innovation-driven economy, regulatory frameworks must move in tandem to curb data-driven market abuse, while not tending to over-regulation.
While delivering the 12th CB Madan Memorial Lecture at the end of last year, Prof Luis Franceschi, founding Dean of Strathmore Law School and assistant secretary general of the Commonwealth, made a statement that I continue to mull over.
He said: “It is no longer the answer, but the question. In the past, we judged the student by how they responded to questions. The advent of artificial intelligence (AI) will make us judge by how they ask questions. Knowledge, transformation and innovation must happen in education, government and justice sector.”