Microsoft’s urgent plea to lawmakers and companies over AI

TL;DR Breakdown

  • Brad Smith, Microsoft’s president, has urged governments to move faster in their regulations concerning AI.
  • Microsoft also called for corporations to initiate safety brakes for AI technology and develop a more comprehensive regulatory and legal framework governing AI.
  • There remains a debate over the benefits and the troubles that come with AI adoption.

Brad Smith, Microsoft President, recently called for better regulation of Artificial intelligence from government officials and lawmakers. This week, the tech industry bigwig went to Washington, DC, where he urged the officials to put up policies to regulate and provide better risk management of technologies governing generative applications such as ChatGPT.

Smith’s plea to governments and corporations

Microsofts president has urged governments to move faster in their regulations while at the same time asking corporations to step up amidst rapid AI development. Speaking before a panel of lawmakers on May 25, Smith highlighted two things that ought to be of major concern in the United States to mitigate the unforeseen risks presented by AI.

 He stated that the first issue would be to enable innovation with proper regulations in place to assure the public that there is a strategy to do the same responsibly. In a recent tweet, he stated that”

 AI may be the most consequential technology advance for a lifetime. Today we announced a 5-point blueprint for Governing AI. It addresses current and emerging issues, brings the public and private sector together, and ensures thus tool serves all society.

Brad Smith

Microsoft also called for corporations to initiate safety brakes for AI technology and develop a more comprehensive regulatory and legal framework governing AI; the tech giant states that a new government can implement such policies to get ahead of potential risks presented by AI.

Microsoft presented a 40-page report as part of the activities in Washington, which laid out the various ways in which AI technologies may be regulated where suggestions such as developing mechanisms that deter AI from defrauding people, adopting already existing laws to new technologies, promoting transparency in AI development and introducing licensing systems for AI.

Smith highlighted the need not to leave this regulation to technology companies alone, stating it should be a shared responsibility in the introductory part of the report, namely: “Governing AI : A Blueprint for the Future.”

Microsoft recognized the potential risks presented by AI, stating in the report

We need to acknowledge the simple truth that not all actors are well-intentioned or well-equipped to address the challenges that highly capable models present. Some actors are likely to use AI as a weapon and not a tool, and others will underestimate the safety challenges that lie ahead.

Microsoft

The rapid developments in AI have already presented threats to privacy and human dignity where convincing deep fake videos are already being used to spread misinformation across the internet and massive job losses caused by rapid automation.

The sentiments erupt even as Microsoft works on AI and develops new chips that would power ChatGPT and OpenAIs Chatbot. Smith further highlighted that pace matters, and if the United States moved too slowly, it would fall behind.

Concerns over AI regulation

OpenAI CEO also expressed his concerns over the regulation of Artificial Intelligence when he testified before Congress, pushing for a regulatory framework to oversee the licensing of AI companies on May 16. This statement was endorsed by Microsofts CEO, who added that AI development should only be done by licensed centers.

This was after the nonprofit Future of Life Institute issued an open letter in March that called for a halt in developing AI systems beyond the OpenAI GPT-4, stating that it could have profound risks for humanity. The letter was attested by more than 1000 people, including academic and tech experts such as Elon Musk and Noah Harari, author of ‘Sapiens.’ He stated 

Over the past couple of years, new AI tools have emerged that threaten the survival of human civilization; AI has gained some remarkable abilities to manipulate and generate language. AI has thereby hacked the operating system of our civilization.

Noah Harari

It seems unusual for tech companies to seek regulation over their activities; Microsoft has, over the years, set itself aside by calling for regulation of technological developments such as social media. Despite the clarion call to governments and corporations, achieving such regulations will require both a national and international framework for effectively regulating such technology and mitigating potential risks.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:Microsoft’s urgent plea to lawmakers and companies over AI

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年5月29日 14:35
Next 2023年5月29日 16:02

Related articles

  • Cryptocurrency exchange Crypto.com battles user over mistaken $50,000 deposit

    TL;DR Breakdown Crypto.com seeks court confirmation of an arbitration award after mistakenly depositing $50,000 into a user’s account. The user promptly transferred the money to an offshore bank account and refused to return it. The arbitrator ruled in favour of Crypto.com and awarded them $76,391.46 but lacked the authority to compel the user to pay. Description Crypto.com, the leading cryptocurrency exchange, has taken legal action to secure confirmation of an arbitration award in its favour after a user’s account was wrongly credited with $50,000. According to court documents filed on July 6, Crypto.com claimed the funds were mistakenly deposited into James Deutero McJunkins’ account in June 2022. McJunkins swiftly transferred the … Read more Crypto.com, the leading cryptocurrency exchange, has taken legal action to secure confirmation of an arbitration award in its favour after a user’s account was wrongly credited with $50,000. According to court documents filed on July 6, Crypto.com claimed the funds were mistakenly deposited into James Deutero McJunkins’ account in June 2022. McJunkins swiftly transferred the money to an offshore bank account, evading Crypto.com’s attempts to recover…

    Article 2023年7月9日
  • Best Twitter threads of the day – August 3rd

    Description Is it censorship for Uniswap to delist tokens? Lazarus Group links stolen funds from the Harmony, Atomic Wallet, and Coinspaid/Alphapo hacks together on-chain Hong Kong debuts retail Crypto trading with HashKey and OSL Is it censorship for Uniswap to delist tokens? A bunch of y’all didn’t like this tweet. “Censorship!!” “Centralization!” Let’s unpack… Uniswap is two things: 1) a web interface and 2) a decentralized protocol (the DEX) The interface is run by a centralized company in Brooklyn. The DEX is decentralized/permissionless 1/ https://t.co/XcYInWgEdz — Erik Voorhees (@ErikVoorhees) August 2, 2023 The centralized web interface has delisted multiple assets (most recently, HEX). The decentralized protocol, however, has not. You can still buy HEX on the protocol (but you shouldn’t because it’s retarded) Is it “censorship” for the central company to remove from web UI? 2/ — Erik Voorhees (@ErikVoorhees) August 2, 2023 I’d call it having standards. If I run a store, I’m not going to sell scam products. Indeed, when I ran ShapeShift, we delisted BSV because in our opinion, it was built on fraud (specifically, the fraudulent…

    Article 2023年8月4日
  • BRICS expansion plans face resistance from India and Brazil

    TL;DR Breakdown China is facing obstruction in its plans to increase the size of the BRICS membership. Proposed measures to mitigate concerns and shape the association’s future. Description India and Brazil, as BRICS member states, are obstructing China’s ambitions to swiftly expand the bloc, according to a recent report. Sources suggest that both nations have distinct reasons to express reservations about Beijing’s proposal to enhance the organization’s geopolitical influence, leading them to advocate for a more cautious approach to enlargement. Officials familiar with … Read more India and Brazil, as BRICS member states, are obstructing China’s ambitions to swiftly expand the bloc, according to a recent report. Sources suggest that both nations have distinct reasons to express reservations about Beijing’s proposal to enhance the organization’s geopolitical influence, leading them to advocate for a more cautious approach to enlargement. Officials familiar with the discussions on the future composition of the BRICS bloc of developing economies revealed that India and Brazil have voiced their objections during preparatory talks for the upcoming summit in Johannesburg. BRICS members to discuss expansion in its August…

    Article 2023年7月30日
  • Is generative AI coming for our jobs? – Here is the deal

    TL;DR Breakdown Generative AI is reshaping the professional landscape, executing tasks efficiently across diverse sectors. Reactions to AI’s rise vary among professionals, with some embracing the change and others feeling threatened. Businesses are leveraging AI’s potential to increase productivity and reduce staff. Description Generative AI is steadily carving its niche in an increasingly digital world. It’s a technology that’s been on our radars for over a decade, and its effects are starting to ripple across diverse sectors. From medicine and law to teaching and accountancy, the potent capabilities of these AI systems are challenging the status quo of … Read more Generative AI is steadily carving its niche in an increasingly digital world. It’s a technology that’s been on our radars for over a decade, and its effects are starting to ripple across diverse sectors. From medicine and law to teaching and accountancy, the potent capabilities of these AI systems are challenging the status quo of professional work. But does this transformation spell doom for jobs, or is there more to the story? The emerging role of generative AI in…

    Article 2023年6月21日
  • Florida Governor Exposes Risks: Why CBDCs Threaten Financial Freedom of US Citizens

    TL;DR Breakdown Florida leads the way: Governor Ron DeSantis spearheads legislation banning CBDCs in the state, becoming the first in the US to take a stand against these digital currencies. Privacy and control at stake: DeSantis warns that CBDCs could enable surveillance and grant central authorities unprecedented control over citizens’ financial habits. Florida Governor Ron DeSantis has emerged as a leading voice in the debate surrounding Central Bank Digital Currencies (CBDCs) in the United States. In a groundbreaking move, Florida became the first state to pass legislation banning the use and issuance of CBDCs, signaling Governor DeSantis’s determination to protect the financial freedom and privacy of the state’s citizens.  Speaking in a recent Twitter Spaces discussion, Governor DeSantis criticized the Biden administration’s plans, warning of potential surveillance and control that CBDCs could bring. With concerns echoed by the cryptocurrency community, the opposition to CBDCs highlights the underlying tensions between centralized and decentralized financial systems. This article delves into Governor DeSantis’s arguments against Central Bank Digital Currencies, the implications of Florida’s legislative action, and the wider implications for the future of…

    Article 2023年5月26日
TOP