US Accelearates on AI Regulation!

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➡️Experts Favor Creating a New U.S. Agency to Govern AI: Survey Finds

AI experts from leading universities in the U.S. were surveyed to gauge their opinions on AI governance. The survey reveals a preference for establishing a federal "Department of AI" or a global regulator over entrusting AI governance to Congress, the White House, or the private sector.

Here’s everything you need to know: 

✅Regulation is Essential: 

AI experts overwhelmingly believe that AI must be regulated. "Regulation" was the top response when asked what action would positively impact AI development. Only a small minority (1 in 6) believe AI shouldn't or can't be regulated, with very few trusting the private sector for self-regulation.

❓Concerns About Losing Control:

There is a division among experts regarding whether AI will escape human control. Approximately 1 in 5 experts predicted AI would "definitely" remain under human control, while the rest were divided between "probably" or "definitely" getting out of human control or "probably not." This suggests a significant degree of uncertainty about AI's future impact.

👉Lack of Trust in Individuals:

The survey showed that no single individual is highly trusted to handle AI issues. President Biden garnered the highest trust rating at 9%, followed by tech leaders like Sundar Pichai and Elon Musk. However, trust in individuals to manage AI issues is relatively low overall.

😅Discrimination and Bias: 

AI experts are more concerned about AI leading to discrimination and bias (42%) than mass unemployment (22%). A majority (62%) predict that AI will exacerbate racial, gender, and economic disparities.

➡️Sectors Most Affected:

Experts believe that customer service (77%), art, design, or content creation (41%), and administrative and support services (39%) are the sectors most likely to experience job losses due to AI in the next five years. On the other hand, technology (62%), data and research analytics (44%), and healthcare (34%) are expected to see the most productivity growth.

The Bottom Line:

The survey of AI experts underscores the consensus that AI must be regulated, with a preference for the creation of a new federal "Department of AI." Concerns about discrimination and bias in AI algorithms and their potential to worsen disparities are significant. The survey results may shape AI policy discussions and inform decision-makers about the need for effective AI governance.

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🔥Hot News

📢 U.S. Copyright Office Seeks Public Input on AI

The U.S. Copyright Office is examining AI's role in copyright law, seeking public insights on AI training, copyrightability, and AI-generated content's authorship. A focal issue is copyright liability for AI-created content. The study will inform Congress, guide regulations, and provide judiciary insights. Comments are due by October 18, 2023, with follow-up replies by November 15, 2023. This mirrors wider U.S. governmental scrutiny of AI in policy and governance.

🚀 Zoom Embraces AI Chatbots Trend

Zoom is launching its "AI Companion", a ChatGPT-style chatbot for in-meeting assistance. Available by Spring 2024, this tool, which combines Zoom's proprietary language model with Meta’s Llama 2, OpenAI, and Anthropic, aids in tasks like session preparation and auto-transcription into "smart chapters". Zoom emphasized that no customer content, like audio or video, is used for AI training.

📢 50 States Urge Congress to Tackle AI-Generated CSAM

All 50 US attorneys general, led by South Carolina's Alan Wilson, have requested Congress to establish a commission on AI's role in child exploitation. The concern centers around the ease of creating AI-generated child sexual abuse material (CSAM) and deepfakes resembling real children. While the US currently evaluates AI's risks, the focus largely remains on "national security and education," potentially sidelining vital child safety issues.

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