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As lawmakers worldwide attempt to understand how to regulate rapidly advancing AI technologies, Microsoft chief economist Michael Schwarz told attendees of the World Economic Forum Growth Summit today that "we shouldn't regulate AI until we see some meaningful harm that is actually happening, not imaginary scenarios."
The comments came about 45 minutes into a panel called "Growth Hotspots: Harnessing the Generative AI Revolution." Reacting, another featured speaker, CNN anchor Zain Asher, stopped Schwarz to ask, "Wait, we should wait until we see harm before we regulate it?"
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Lawmakers are racing to draft AI regulations that acknowledge harm but don't threaten AI progress. Last year, the US Federal Trade Commission (FTC) warned Congress that lawmakers should exercise "great caution" when drafting AI policy solutions. The FTC regards harms as instances where "AI tools can be inaccurate, biased, and discriminatory by design and incentivize relying on increasingly invasive forms of commercial surveillance." More recently, the White House released a blueprint for an AI Bill of Rights, describing some outcomes of AI use as "deeply harmful," but "not inevitable."
(Score: 3, Insightful) by JoeMerchant on Tuesday May 16, @05:59PM
>a flood that encompasses the whole world
We're working on that one with our atmospheric carbon release technology...
>the ease of going too far gets larger each year and there should be something in place to help identify those cases as an absolute bare minimum before going much further.
Unfortunately, I think the Microsoftie is onto something in basic human nature. We're mostly (quite reasonably) skeptical of gene therapy, modified genetic codes delivered by viral vectors, but it took Patient 1 dying of complications to really put the brakes on the technology. I'm not saying that's how it should be, I'm saying that's how it is be.
Україна досі не є частиною Росії Слава Україні🌻 https://news.stanford.edu/2023/02/17/will-russia-ukraine-war-end