The AI Gold Rush and How to Regulate Generative Models
Whether based on hallucinatory beliefs or not, a gold rush has begun in recent months to make money from generative AI models like ChatGPT.
You can practically hear the cries from corner offices around the world: “What is our game ChatGPT? How can we make money with this?
But while companies and executives want to cash in, the likely impact of generative AI on workers and the economy as a whole is much less clear.
Will ChatGPT further worsen already troubling income and wealth inequality in the US and many other countries, or could it actually provide a much-needed boost to productivity? Read the full story.
A first guide for policy-making on generative AI
Right now, generative AI is the thing everyone is talking about. And while the technology isn’t new, its policy implications take months, if not years, to grasp.
Despite all the current hype, generative AI carries significant risks. The models trained on the toxic repository that is the Internet often produce racist and sexist production. They also regularly make things up and state them in confidence, and potentially threaten people’s security and privacy.
For policymakers in Washington, Brussels, London, and offices everywhere else in the world, it’s important to understand that generative AI is here to stay. Yes, there is significant hype, but recent advances in AI are as real and significant as the risks they pose. Read the full story.
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