The focus of financial and political energy within the fingers of the tech trade, notably Big Tech, has change into a rising concern. This focus of energy has led to widespread issues about the way forward for AI and its affect on society. The AI Now Institute has launched a report indicating that if regulators don’t act now, the generative AI increase will focus Big Tech’s energy even additional.
The present AI increase depends closely on two assets: giant quantities of information and sufficient computing energy to course of it. Unfortunately, these assets are solely available to giant corporations, giving them a bonus within the improvement and implementation of AI techniques. This benefit can result in an extra focus of energy amongst a small group of Big Tech companies.
“A few large tech companies are poised to consolidate energy via AI reasonably than democratize it — Sarah Myers West, Managing Director of the AI Now Institute
The lack of democratization in AI improvement and implementation may have important unfavourable impacts on society, together with exacerbating present energy inequalities and creating new ones.
To forestall additional focus of energy amongst Big Tech companies, AI regulation is critical. Governments worldwide are starting to acknowledge this want and are taking steps to control the event and implementation of AI techniques.
China’s Draft Bill on Generative AI
China just lately unveiled a draft invoice on generative AI, calling for extra transparency and oversight. The invoice goals to make sure that AI techniques are utilized in a way that’s helpful to society and that the info used to coach these techniques is unbiased.
The European Union’s AI Act
The European Union can also be taking steps to control the event and implementation of AI techniques. The EU’s AI Act would require tech corporations to be extra clear about how generative AI techniques work. Additionally, the EU is planning a invoice to make tech corporations accountable for AI harms, additional incentivizing accountable AI improvement and implementation.
The US Government’s Response
Traditionally, the US has been reluctant to control its tech sector. However, the Biden administration is in search of enter on methods to supervise AI fashions, akin to ChatGPT. The administration is contemplating requiring tech corporations to supply audits and affect assessments, or mandating that AI techniques meet sure requirements earlier than they’re launched. These actions symbolize a few of the most concrete steps taken by the US authorities to deal with the harms of AI.
To be certain that AI is developed and applied in a way that advantages society as an entire, we should cease seeing AI as synonymous with progress alone. This means establishing in style management over the trajectory of those applied sciences, together with AI regulation and elevated democratization of AI improvement and implementation.
The focus of financial and political energy within the fingers of Big Tech has led to issues about the way forward for AI and its affect on society. Without acceptable regulation, the event and implementation of AI techniques may additional focus energy amongst a small group of corporations, exacerbating present energy inequalities and creating new ones. Governments worldwide are starting to acknowledge this want and are taking steps to control the event and implementation of AI techniques. To be certain that AI is developed and applied in a way that advantages society as an entire, we should set up in style management over the trajectory of those applied sciences via AI regulation and elevated democratization of AI improvement and implementation.
