AI Rockets Ahead As U.S. Regulation Remains A Vacuum | Expert Insights

A.I. is revolutionizing our lives through driverless cars and facial recognition tech. Breakthroughs in A.I. are reported weekly. A.I. regulation in the U.S. is a major concern due to its potential capabilities. As companies from Facebook to Google rush headlong into this exciting new field, they must grapple with an uncomfortable truth: A.I. regulation currently exists in a vacuum of American policy.

Will Congress step up and provide much-needed regulatory guidance? Let’s take a closer look at what’s at stake as companies race ahead without official oversight or clear ethical lines being drawn.

The increasing success of ChatGPT following its rapid rise as a tech trend has triggered a fierce fever across the industry to incorporate A.I. into standard products and services accessible by the general public, with a limited regulatory framework from the government.

ChatGPT has attracted much attention due to its extraordinary capacity to craft stories, articles, and recipes. Although the issue of A.I. regulation is yet to be addressed in the U.S., this growingly popular technology carries an amalgam of concerns such as bias, misinformation, fraud, and hate.

Rep. Ted Lieu (D-Calif.) suggested creating a government agency to oversee A.I. in a New York Times op-ed last week.

Ted says:

We can harness and regulate AI to create a more utopian society or risk having an unchecked, unregulated AI push us toward a more dystopian future,

  • U.S. legislators have been mulling over the potential benefits and dangers of Artificial Intelligence for some time now. Unfortunately, their ability to set up reasonable regulations and controls has doggedly lagged behind the proliferating pace of this technology’s development and market-entry rate.
  • For Lieu and other fast-movers leading the charge towards establishing A.I. rules, some urge caution, citing that gratuitous or untimely legislation could hamper advances in this area while competing against China and others in the global digital space.

A.I. regulation in the United States is complex; states have passed laws centering on transparency and mitigating discrimination arising from A.I., but the federal government has only taken preliminary steps, according to Jessica Newman. She stressed this point as head of the A.I. Security Initiative at UC Berkeley Center for Long-Term Cybersecurity.

Newman says:

“I still think there’s a long way to go and I would love to see federal AI regulation that is more comprehensive.”

Lawmakers in Congress have proposed regulations to limit facial recognition and other A.I. applications.

  • The White House has released a Blueprint AI Bill of Rights in connection with their Artificial Intelligence research office.
  • The Federal Trade Commission (F.T.C.) and Equal Employment Opportunity Commission (EEOC) is developing new regulations regarding Artificial Intelligence (A.I.). These rules and similar guidelines introduced by other federal agencies seek to ensure their fair and ethical use.

This week, the Department of Commerce’s National Institute of Standards and Technology released a much-anticipated A.I. framework. This guidance serves to help businesses operating with, formulating, or utilizing A.I. systems.

  • This week, the Deputy Commerce Secretary, Don Graves, stated that the framework should foster growth withinA.I.I innovate without damaging citizens’ civil rights, civil liberties, and equity while promoting fairness among all.

The Voluntary Framework of Corporate Accounting Transparency has been introduced, but no repercussions are imposed on companies who do not follow the framework.

  • Chandler Morse, vice president of corporate affairs at Workday — an enterprise cloud tech company — believes that, through their framework, A.I.I. regulations in the future will benefit and take lessons from. He told Axios his hope for this advancement.

Chandler says:

“It’s going to have a major impact in future conversations around AI governance and the regulatory landscape,”

“ChatGPT has sort of elevated the conversation… there’s a recognition of look, we’ve got to get as much paint on the canvas as we can.”

Sridhar Ramaswamy, the founder of ad-free search engine Neeva, which has its generative text program for search results, told Axios.

Sridhar Ramaswamy says:

“The government should not be in the business of making very fine-grained laws or regulation because stuff just moves very, very rapidly,”

“I’m hard pressed to say that regulation is going to be helpful when it comes to AI in the near term… This is not to say that existing laws should not be applied to people using these models in unfair ways.”

The rapid expansion of AI presents the U.S. with significant challenges in regulating technology. As other countries move ahead with their plans, the U.S. must enact legislation to support the development and use of AI. Otherwise, we risk falling behind in an area with tremendous potential to improve our lives and economy.

Source: www.axios.com

 

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