A high-powered U.N. advisory body said Thursday that global governance of artificial intelligence is “imperative” and urged the United Nations to lay the foundations for the first inclusive global institutions to regulate the fast-growing technology.

As the technology makes rapid progress, observers say it's 'imperative' to establish the foundations for inclusive global institutions to track its evolution and establish safeguards.

The UN advisory body stated that global governance of artificial intelligence is essential. It urged the United Nations to lay the groundwork for the first inclusive global institutions to regulate rapidly evolving technologies,