The Future of Artificial Intelligence Regulations

In the last decade, scientists have received unprecedented success in implementing Artificial Intelligence (AI) in daily use devices such as smartphones, vehicles, cameras, and a number of other gadgets. The integration of AI has made these devices smarter as well as enabled better self-decision making in them. To put it in simple words, AI is a complex series of the algorithm that can analyze the pattern of data and make predictions in the absence of its user. But, this is just the starting phase of AI, very similar to Machine Learning. The administrations of several developed countries are considering regulating the development of AI.Here, in this article, you will know about the possible future of Artificial Intelligence regulations. But why do the governments of different countries have to regulate such a highly efficient technology? Let’s find out.

The Reason behind the Regulation of AI

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Human beings are surrounded by AI. The recommendations pop-up on YouTube and Netflix, computer gaming, drones, self-driving cars, voice assistance, and Facebook feeds are nothing but AI that analyze your pattern and provide you with the best possible result. The point is, AI has already marked its presence in most of the sectors, and it is quite beneficial for the time being, at least. However, visionary scientist Stephen Hawking once termed the AI as one of the greatest threats to the existence of human species. But how can it be a threat to humanity! According to Hawking, if the rapid development in the AI sector continues, scientists might achieve singularity within the next 50 years, when this brilliant technology can make changes in their code and possibly be the cause of human extinction.

The Proposed AI Regulation in the United States

The federal government in the United States recently proposed a draft regarding the regulation of AI technology in the country. Here are the seven major points involved in the recently introduced draft:

  1. The draft asks all government regulations to encourage reliable and trustworthy AI.
  2. The draft asks all the regulation-making bodies (local or state) to rely more on scientifically proven information while making any kind of laws related to AI.
  3. The regulation-making bodies are required to assess the risk factors while making the laws and acknowledge any possible imperfections. According to the draft, a little risk factor is acceptable, but, the AI that possesses more harm than that of good is entirely unacceptable.
  4. The draft asks all the lawmakers to adopt a flexible approach in order to fasten the development of AI technology. It further wants the regulation makers to focus more on performance-based regulation than that of design.
  5. The draft encourages non-discrimination and fairness in regulation-making.
  6. According to the newly proposed draft, the regulation makers should consider the list of potential harms, their magnitude, and the possible benefits.
  7. The regulation makers must ensure the confidentiality of the data given by the private sector entities.

If you go through the draft carefully, you will find a couple of significant points. Firstly, the draft is all about the guideline that government agencies are required to take in order to regulate AI from private industries. Secondly, the government is encouraging AI development by providing minimum possible regulations. It seems like the federal government is using its superiority for removing the strict state laws that are preventing the unprecedented growth of AI. Therefore, in conclusion, the draft discards any reason for regulations unless it is explicitly needed.

Elon Musk’s View on AI Regulation

The face of Silicon Valley, Elon Musk, always adopts a conservative approach when it comes to AI. Previously, he claimed that the rapid development of AI is nothing but summoning a demon that you cannot control. However, Musk’s electric vehicle manufacturing company, Tesla is known for the integration of highly advanced AI in its vehicles. Tesla is developing its self-driving car using advanced Artificial Intelligence.

But, during a Twitter conversation in February 2020, the SpaceX founder claimed himself as a strong supporter of AI regulation. He further revealed that all the organizations that are developing advanced AI required to be regulated, including his company, Tesla.

Wrapping it up

Other people, such as Facebook CEO, Mark Zuckerberg, are quite optimistic about the future of AI. He publicly rejected Elon Musk’s doomsday prediction. So, only time can tell who has the correct speculation about the future of AI.

The recently proposed draft is the first-ever major step to regulate AI in the United States. Though the effectiveness of the regulation is debatable, one must appreciate the idea of regulating such a risky technology. Though the future of Artificial Intelligence regulations is uncertain for now. The rest of the world, especially the allies of the United States would definitely make policies on AI at some point in time. Besides, you should not be surprised if you find strict laws replacing their existing counterparts in the long term.

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