The European Union, China, and the United States may set benchmarks for AI governance. Still, Asia's middle powers have the potential to shape a regulatory framework worldwide.

The exchange of regulatory best practices and challenges among countries in the region is critical for formulating beneficial AI regulations.

While Singapore, South Korea, Japan, and Australia rank highly in AI governance, countries like China, Taiwan, Malaysia, Thailand, and Indonesia score lower. Vietnam is still in the early stages of developing AI regulations.

The article highlights the AI governance efforts of Singapore, Australia, Vietnam, Thailand, and New Zealand. It emphasizes the need to coordinate and share best practices in AI governance across Asia.