AI needs regulation but one that’s flexible and surefooted
Achieving a balance between fostering innovation and mitigating societal risks presents a formidable challenge—one that governments historically struggle to navigate, especially in the technology sector
March 28, 2024 / 11:18 AM IST
Regulation should be grounded in tangible evidence of harm rather than mere speculation about potential risks.
Highlights:
- Artificial Intelligence is advancing at an accelerated rate
- Proponents argue for the necessity of regulating the technology industry to forestall potential adverse ramifications of AI
- Despite ongoing discourse, there exists a dearth of consensus on what constitutes safe AI development. Until clear principles emerge, calls for regulation are premature
- Regulation should be grounded in tangible evidence of harm rather than mere speculation about potential risks
- Moreover, regulations are likely to cater to existing practices and players, overlooking the unpredictability of future