A two-day summit on AI unfolded on November 1 near London. While the topic and concern are highly relevant to every person across the globe, there are still far too many wrinkles to iron out. Some tech companies have developed AI that threatens national security. Elon Musk reported in his interview that AI robots could replace the human workforce. What appears to be holding back impactful legislation and regulations is the proper balance between safety for all life on earth and retarding innovation.
The EU has been crafting an AI regulation framework, which will be completed by the end of 2024. Their legislation concerns reviewing and approving AI technologies, such as ChatGPT, before release. This promises to be a strong first step. President Biden signed an AI Executive Order on Oct 30:
“The Executive Order establishes new standards for AI safety and security, protects Americans’ privacy, advances equity and civil rights, stands up for consumers and workers, promotes innovation and competition, advances American leadership worldwide, and more.” A global solution is the ideal goal.