Elon Musk and other industry icons like Tim Berners-Lee and Jeff Dean are urging the tech sector to press the pause button on the development of artificial intelligence systems that are more powerful than GPT-4. The recent open letter signed by them claims AI poses potential dangers by creating an AI capable of competing with a human’s general tasks and of spreading misinformation.
Kamalesh Lardi, the author of ‘The Human Side of Digital Business Transformation’, a book listed in Thinkers360’s ‘Top 10 Global Influencers & Thought Leaders in Digital Transformation’ and The Awards Magazine’s ‘Top 50 Women in Tech Influencers 2021’, considers the concerns raised in the open letter legitimate to some extent. She believes there is a need for intelligent regulation on how AI-based systems are being used or created. She even pokes possible sharp practices that may be somewhat behind the initiative – suggesting Elon Musk may be looking for his own six-month window to launch his form of AI in the marketplace.
In the opinion of Lardi, the way forward should involve creating an ecosystem of stakeholders. These should include tech companies, industry leaders, corporates, regulators, thought leaders, experts and customers, which will facilitate a range of approaches in the development of AI. She also suggests that more transparency and diversity should be present in development, testing and usage of AI-based systems and points out that blockchain technology can help overcome the difficulties in transparency and data provenance.
Tesla, the tech firm founded by Elon Musk in 2003, is an electric car manufacturer notorious for leading the way in cutting-edge automotive technologies. The company has enjoyed remarkable success and in 2021, the electric vehicle giant is planning to expand in the Energy, Insurance, and Autopilot fields. The company has posted profits in the last quarter due to its stellar sales performance and expects to become profitable this year. Tesla is showing the potential of fusing innovative technologies with smart financial management.
