Brad Smith, chief executive of big tech firm Microsoft, called on the government to "move faster" and on businesses to "step up the pace" amid a dramatic acceleration in the development of artificial intelligence.
Speaking on May 25 before a panel of US lawmakers in Washington, DC, Smith proposed regulations that could mitigate potential risks from artificial intelligence, The New York Times reported. The firm called on companies to implement "safety brakes" for artificial intell igence systems that control critical infrastructure and create a broader legal and regulatory framework for artificial intelligence, among other things.
Smith is another industry heavyweight who has sounded the alarm about the rapid development of artificial intelligence technology. The rapid development of artificial intelligence has led to many harmful developments, including threats to privacy, job losses caused by autom ation, and highly convincing "deep fake" videos that often spread scams and disinformation on social media. The Microsoft executive said governments should not bear the brunt of the crisis, and that companies also need to work to mitigate the risks of unfettered AI development. Smith's comments came even as Microsoft has also be en working on artificial intelligence, reportedly developing a new series of specialized chips that will help power OpenAI's viral chatbot ChatGPT.
Still, Smith argued that Microsoft isn't trying to pass the buck, as it has pledged to enforce its own AI-related protections regardless of government mandates, noting: "There is no intention of shirking responsibility." On May 16, OpenAI founder and CEO Sam Altman tested before Congress that he advocated for a federal oversight agency to license AI companies. Notably, Smith echoed Altman's idea of licensing developers, saying "high-risk" AI services and development could only take place in licensed AI data centers. Since ChatGPT was first launched last November, there have been widespread calls for stricter regulation of AI, with some groups even recommending a temporary moratorium on development of the technology.
On March 22, The Future Life Institute issued an Open Letter Calling On Industry Leaders to "PAUSE" The Development of Artificial Intelligence. It was said by Many Major Tech Industry Leaders, Including Tesla Ceo Elon Musk and Apple Co-Founder Steve Wozniak. AT. The time of publication, the letter had attracted more than 31,000 signatures.
