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AI: A double-edged sword we must live with

2023, The Pioneer

Abstract

AI is one of the biggest technical advancements in recent times. but it can pose a great danger to humanity by unleashing misinformation and deepfakes. Regulating it therefore is of utmost importance. The recently concluded conference on 1-2 November 2023 in UK raised some hope in this regard.

Key takeaways

  • In 2021, European Union policymakers proposed a law, yet to be passed but designed to regulate AI technologies that might create harm that included facial recognition systems, and requiring companies to conduct risk assessments of AI technologies to determine how their applications could affect health, safety and individual rights.
  • Details are still sketchy, and the only thing we know is that both the UK and the USA would set up permanent bodies called AI Safety institutes to carry out safety evaluations and develop risk assessment guidelines for AI systems.
  • The major objectives of the Summit included developing a shared understanding of the risks posed by frontier AI technologies and need for concerted action, triggering a process for international collaboration on safety on frontier AI technologies and development of new standards to support AI-governance.
  • In regulating AI also, there are different approaches followed by different countries which are competing with each other with different objectives.
  • Some are advocating controlling the sale of powerful chips used to train the LLMs.