AI needs regulation but one thatâ€™s flexible and surefooted

1 month ago

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 / 10:10 AM IST

AI needs regulation but one that’s flexible and surefooted

Regulation should be grounded in tangible evidence of harm rather than mere speculation about potential risks.

Highlights:

Artificial Intelligence is advancing at an accelerated rateProponents argue for the necessity of regulating the technology industry to forestall potential adverse ramifications of AIDespite ongoing discourse, there exists a dearth of consensus on what constitutes safe AI development. Until clear principles emerge, calls for regulation are prematureRegulation should be grounded in tangible evidence of harm rather than mere speculation about potential risksMoreover, regulations are likely to cater to existing practices and players, overlooking the unpredictability of future