Can machines soon be smarter than us? Experts are sounding the alarm and political heavyweights are gathering to maintain control over the AIs and thereby ensure the survival of humanity. What British Deputy Prime Minister Oliver Dowden appeals to the world in a dramatic speech could decide the future of all of us. The different points of view that are represented and the proposed solutions that already exist will now be shown in more detail below.
Britain’s urgent call for AI regulation
The British Deputy Prime Minister, Oliver Dowden, spoke at the last UN General Assembly in New York Importance of Immediate Global Commitment to Address Artificial Intelligence (AI) Risks emphasized. He compared these to pandemics and nuclear wars.
He described AI as one transformative force with far-reaching implications for society and human progress, evolving at an astonishing pace.
He also emphasized that the AI has both positive and potentially harmful effects can have, which increases the need for a comprehensive examination of both aspects. Dowden warned of ethical debates that could slow down necessary action.
The British Deputy Prime Minister presented concrete examples of the AI threats include tech-savvy teenagers hacking bank accounts or terrorists using AI strategies to attack governments.
He also pointed out cybercriminals who are using sophisticated bots and deepfakes carrying out large-scale fraud, and authoritarian governments using AI to oppress their populations. These examples reinforce the need for comprehensive governance measures in this area.
Dowden appealed to the international community Consider AI risks as a global priority and called for joint efforts. He compared the emerging AI threats to existential challenges such as pandemics and nuclear conflicts.
He referred to expert opinions which indicate that the AI is on the verge of surpassing human intelligence and stressed that ignorance on the matter could have fatal consequences for humanity.
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The upcoming AI Summit: A defining moment for the world
Dowden fired one upcoming AI summit in November in Bletchley Park, Buckinghamshire, a historic site known for its role in the development of computer science. The goal of the summit is to promote a shared understanding of AI risks and discuss solutions to use the technology safely and effectively for the global good.
The upcoming UK AI Summit will serve as a platform for leaders to discuss and ensure the future in an AI-dominated world. The invitation to China, the world’s second-largest economy, has not only turned the international community’s eyes to the summit, but also underscored the need to find a comprehensive global solution to AI regulation.
US President Joe Biden not only recognized the immense importance of AI, but also emphasized the need for it To revise the regulatory framework in the USA. He sees the potential of AI, but also wants to ensure that possible risks are adequately controlled.
The European Union (EU) is also considering taking part in this high-profile summit. While that If the UK wants to create an innovation-friendly climate for AI, the EU is planning to implement a strict set of rules, which is probably also due to the government being more authoritarian and often heavily criticized.
The planned AI law EU sets clear obligations for organizations using risky AI systems. This includes comprehensive documentation and risk assessments. This shows in contrast United Kingdom more liberal and strives for regulation that promotes rather than hinders innovation.
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Brian Armstrong, CEO of Coinbase, sees regulation as a brake on innovation
Count me as someone who believes AI should not be regulated
We need to make progress on it as fast as possible for many reasons (including national security). And the track record on regulation is that it has unintended consequences and kills competition/innovation, despite best…
—Brian Armstrong
(@brian_armstrong) September 22, 2023
Brian Armstrong, the CEO of the crypto exchange Coinbase, recently entered the discourse about AI regulation. In a post on the social media platform X, Armstrong emphasized that he sees strict regulatory approaches for artificial intelligence as a hindrance.
In his opinion, such regulations, even if well-intentioned, could have unintended consequences that ultimately… Limit innovation and competition.
Armstrong draws a parallel to the Internet and speaks of one “Golden Era of Innovation”, which is due to their lack of regulation. He argues that a similar unregulated approach could be beneficial for AI technology.
As an alternative to regulation Armstrong proposes a radical opening of technology. He is convinced that the Decentralization and open-sourcing of AI would enable the full potential of these technologies to be realized without being held back by regulatory measures.
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AI security: Anthropic takes the reins
Anthropicthe AI research company behind the Chatbot Claudehas a Responsible Scaling Policy (RSP) presented. This guideline aims to minimize risks in the context of increasingly powerful AI systems.
She introduces AI Security Levels (ASL) System one that is based on U.S. government biosecurity standards. The ASL system classifies AI models according to their potential risk and sets appropriate safety and operational standards. If these security procedures are exceeded, further development of more powerful models will be temporarily stopped.
The RSP policy is in line with international calls for responsible use of AI, as they were most recently formulated by US President Joe Biden. It is also intended to provide reassurance to users of the technology by referencing already established safety practices in the automotive and aviation industries.
Changes to the RSP must be ratified by Anthropic’s Board of Directors in consultation with the Long Term Benefit Trust, a trust designed to balance the interests of the public and shareholders.
As more countries around the world begin to grapple with AI regulation, Anthropic positions itself as a pioneer in the field of AI security. Their initiatives reflect a broader trend that states and organizations are only beginning to grasp the complexities of regulating this technology.
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About the author: Simon Feldhusen came into contact with the stock market for the first time 17 years ago and has been intensively involved in the topics of trading, cryptoassets, stocks, P2P, corporate finance, finance and entrepreneurship on a daily basis for more than 8 years. He has also been working as a copywriter and ghostwriter in the financial sector for several years. During this time he has acquired a diversified knowledge through various training courses on the financial markets and following daily news. Since then, not a day goes by without him dealing with the markets. He publishes, among others, for Finanz.net, ETF-Nachrichten.de, Coincierge.de and P2E News.com.