WATCH: Ramaphosa Backs Local Currencies, Sovereign AI and Medical Sovereignty for Global South!
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South African President Cyril Ramaphosa called for the beneficiation and value addition of minerals extracted from African soil to take place on the continent itself, addressing a BRICS session where he also outlined proposals for artificial intelligence governance, warning that while AI holds significant potential to reduce inequality and poverty, developers of the most powerful AI systems have themselves warned of risks including advanced cyber operations, assistance with biological weapons development, autonomous manipulation, mass surveillance and employment disruption. Ramaphosa cited Anthropic CEO Dario Amodei's argument that AI companies should be subject to formal external checks, audits and government oversight similar to regulatory standards applied in aviation, pharmaceuticals, nuclear power and financial institutions, and proposed that BRICS establish an international mechanism for independent scientific evaluation of AI, backed by meaningful human control principles, manda
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