Tag: Regulatory framework

OpenAI and Google are calling for governments to regulate the Artificial Intelligence (AI) forces they have unleashed. Sam Altman of OpenAI and Sundar Pichai of Google agree AI is so powerful, regulations are needed to manage its potential risks and enable innovation. They suggest a global collaboration on regulations and an international authority to monitor AI systems and ensure their safety.

This article examines recent developments in artificial intelligence, such as ChatGPT, and explores the potential for reversing years of inequality in wages for white-collar professionals. AI technology could have a significant impact on job roles and wages, potentially providing relief to middle and lower-tier workers. OpenAI company, who created ChatGPT, is hoping their advances in AI could lead to an equal world with AI-driven technology available to more people. Though uncertain of the full capabilities of AI, Maaron Acemoglu and other MIT economists suggest that it could reduce inequality.

This article focuses on the recent proposal by the EU lawmakers to implement new regulations to govern the use and development of AI applications, especially general purpose AI or GPAI. They proposed a set of rules to ensure that AI is used in a safe and secure manner, with appropriate guardrails in place to protect users. This follows an open letter from AI experts, including Elon Musk, Steve Wozniak and Andrew Yang, urging Europe to strengthen its AI rules. Ursula von der Leyen is expected to address the European Parliament soon on the topic of Ukraine.

A group of highly influential artificial intelligence researchers are calling on the European Union to include recently popular AI tools such as OpenAI's ChatGPT and Microsoft's Bard in their proposed rules for AI technology. The brief signed by experts, Timnit Gebru and Mark Surman, urges EU leaders to take a comprehensive approach to regulating high-risk applications, and the importance of holding tech companies accountable for data and design choices. Don't let tech companies off the hook: the E.U.'s AI Act should set a global precedent for regulating AI tools.