• About Us
  • Advertise
  • Privacy & Policy
  • Disclaimer
  • Affiliate Disclosure
  • Contact Us
logo
  • Home
  • Business
  • Finance
  • Crypto
  • Metaverse
  • Games
  • Cybersecurity
  • Monitors
  • Headphones
  • Cameras
  • Cars
  • Laptops
  • Mobile
  • Tesla
  • TV
  • YouTube
  • Film
  • Sports
  • AI
  • 3D
  • Robotics
  • Apple
  • Best Deals
  • Cool Gadgets
No Result
View All Result
  • Home
  • Business
  • Finance
  • Crypto
  • Metaverse
  • Games
  • Cybersecurity
  • Monitors
  • Headphones
  • Cameras
  • Cars
  • Laptops
  • Mobile
  • Tesla
  • TV
  • YouTube
  • Film
  • Sports
  • AI
  • 3D
  • Robotics
  • Apple
  • Best Deals
  • Cool Gadgets
No Result
View All Result
logo
No Result
View All Result
Home Crypto

Microsoft Urges Lawmakers, Companies to ‘Step Up’ with AI Guardrails

Microsoft Urges Lawmakers, Companies to 'Step Up' with AI Guardrails

Sergio Richi by Sergio Richi
7 days ago
in Crypto
0
AI regulation

Microsoft Urges Action for AI Guardrails: Risk Management & Regulation. Image credit: Logll Tech News.

0
SHARES
7
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

RelatedPosts

Millions Ethereum

Unveiling the Mind-Boggling Trend: Millions in Ethereum Sent to Random Twitter Wallets!

8 hours ago
8
Winklevoss

Winklevoss Twins Attempt Pivot After Gemini Loses Money and Employees

2 days ago
14

In a significant push for improved risk management and regulation of artificial intelligence (AI), Microsoft President Brad Smith has joined the chorus of tech industry heavyweights calling for greater vigilance. Speaking at a panel before United States lawmakers in Washington D.C., Smith urged governments to accelerate their efforts while urging corporations to take a proactive stance in the face of the rapidly advancing AI landscape.

The New York Times reported that Smith proposed regulations that could effectively address the potential risks associated with AI. One of the key suggestions put forth by Microsoft is the implementation of “safety brakes” for AI systems governing critical infrastructure. Additionally, the company is advocating for the development of a comprehensive legal and regulatory framework for AI. Smith’s call echoes the growing concern among industry leaders over the adverse consequences of the breakneck pace of AI development.

AI may be the most consequential technology advance of our lifetime. Today we announced a 5-point blueprint for Governing AI. It addresses current and emerging issues, brings the public and private sector together, and ensures this tool serves all society. https://t.co/zYektkQlZy

— Brad Smith (@BradSmi) May 25, 2023

Related Posts

Millions Ethereum
Crypto

Unveiling the Mind-Boggling Trend: Millions in Ethereum Sent to Random Twitter Wallets!

8 hours ago
8
Winklevoss
Crypto

Winklevoss Twins Attempt Pivot After Gemini Loses Money and Employees

2 days ago
14
National Amusements
Finance

National Amusements Secures $125M Investment from Michael Dell’s Firm

7 days ago
22

ChatGPT-4 for Beginners

ChatGPT-4 for Beginners: Boost Productivity and Skyrocket Your Earning Potential with Conversational AI Solutions

ChatGPT-4 for Beginners: Boost Productivity and Skyrocket Your Earning Potential with Conversational AI Solutions

$13.99
$13.22
See It
Amazon.com
as of May 25, 2023 8:26 pm
The ChatGPT Millionaire: Making Money Online has never been this EASY

The ChatGPT Millionaire: Making Money Online has never been this EASY

$18.95
$12.99
See It
Amazon.com
as of May 25, 2023 8:26 pm

The rapid strides made in AI technology have already given rise to numerous detrimental outcomes. Privacy breaches, automation-induced job losses, and the widespread dissemination of deceptive “deep fake” videos on social media platforms are just a few examples. Smith emphasized that governments alone should not shoulder the responsibility for addressing these challenges. Companies, too, must actively work towards mitigating the risks associated with unbridled AI development.

It is noteworthy that Microsoft itself has been investing in AI research and development. The company reportedly aims to power OpenAI’s viral chatbot, ChatGPT, using a new series of specialized chips. However, Smith clarified that Microsoft’s efforts do not absolve them of responsibility. Irrespective of governmental regulations, the company is committed to implementing its own AI-related safeguards.

Smith’s stance aligns with the recommendations put forward by OpenAI’s founder and CEO, Sam Altman. During his testimony before Congress on May 16, Altman advocated for the establishment of a federal oversight agency that would grant licenses to AI companies. Smith expressed support for Altman’s proposal, suggesting that “high risk” AI services and development should be restricted to licensed AI data centers. These measures seek to strike a balance between fostering innovation and ensuring responsible deployment of AI technologies.

Calls for increased oversight and control over AI have gained momentum in recent months. The Future of Life Institute, on March 22, published an open letter signed by prominent tech industry leaders, including Tesla CEO Elon Musk and Apple co-founder Steve Wozniak. The letter appealed for a temporary halt to AI development, attracting over 31,000 signatures thus far.

Senator Lindsey Graham asks the witnesses at the hearing on artificial intelligence regulation if there should be an agency to license and oversee AI tools.

All say yes, but IBM Chief Privacy & Trust Officer Christina Montgomery has stipulations: pic.twitter.com/UD7R8N7s23

— Yahoo Finance (@YahooFinance) May 16, 2023

Best United States Crypto Card

pst cards

Button Sign Up Now (Official Website 200 × 50 px)

Learn more about Crypto Card

The Need for Enhanced Regulations

As the AI landscape continues to evolve at an unprecedented pace, the urgency for robust regulatory measures becomes increasingly evident. While technological advancements hold tremendous potential, they also carry inherent risks. Governments, corporations, and industry leaders must collaborate to develop and enforce stringent guardrails for AI, ensuring its responsible and ethical utilization. Failure to act swiftly and decisively may expose societies to unforeseen consequences that could outweigh the benefits AI has to offer.

If you are able, we kindly ask for your support of Logll Tech News today. We appreciate it.

Sergio Richi

Sergio Richi
Editor, Logll Tech News

Donate DonationAlerts with QR

Conclusion

The urgent need for better risk management and regulation of artificial intelligence (AI) has been emphasized by Microsoft President Brad Smith. In a panel discussion with United States lawmakers, Smith called on governments to expedite their efforts while urging corporations to take responsibility in the face of the rapid advancement of AI technology. Microsoft has proposed the implementation of “safety brakes” for AI systems controlling critical infrastructure and the establishment of a comprehensive legal and regulatory framework for AI. Smith’s plea echoes the concerns raised by industry leaders regarding the potential risks associated with uncontrolled AI development.

The remarkable progress made in AI has already led to several negative consequences, including privacy threats, job displacement through automation, and the proliferation of convincing “deep fake” videos that spread misinformation on social media platforms. Smith emphasized that governments alone cannot bear the burden of addressing these challenges; companies must also actively contribute to mitigating the risks. Despite Microsoft’s involvement in AI development, Smith assured that the company is committed to implementing its own safeguards, irrespective of governmental regulations.

Smith’s stance aligns with the recommendations of OpenAI’s CEO, Sam Altman, who advocated for the establishment of a federal oversight agency to grant licenses to AI companies. Smith supported the idea, suggesting that “high-risk” AI services and development should be restricted to licensed AI data centers. These measures aim to strike a balance between fostering innovation and ensuring responsible AI deployment.

The growing calls for stricter oversight and control over AI have gained momentum. The Future of Life Institute, along with prominent tech industry leaders such as Elon Musk and Steve Wozniak, published an open letter urging a temporary halt to AI development. These efforts underscore the need for enhanced regulations and oversight in order to maximize the benefits of AI while minimizing its potential risks.

As the AI landscape continues to evolve rapidly, it is crucial for governments, corporations, and industry leaders to collaborate in developing and enforcing robust guardrails for AI. Swift and decisive action is necessary to ensure the responsible and ethical utilization of AI, safeguarding societies from unforeseen consequences that could overshadow its potential benefits.

Join Our Newsletter

Subscribe to receive our latest updates in your inbox!

Button Google News

Frequently Asked Questions

FAQs:

  • What is AI regulation?

    AI regulation refers to the rules and guidelines implemented to govern the development, deployment, and use of artificial intelligence technologies.

  • Why is risk management important?

    Risk management is crucial because it helps identify and mitigate potential risks associated with the use of AI, ensuring the responsible and safe implementation of the technology.

  • What does artificial intelligence governance entail?

    Artificial intelligence governance involves the establishment of policies, frameworks, and processes to oversee the ethical and responsible use of AI, addressing issues such as privacy, bias, and accountability.

  • How is Microsoft ensuring AI safeguards?

    Microsoft is committed to implementing its own AI-related safeguards, including measures such as "safety brakes" for critical infrastructure AI systems and advocating for a comprehensive legal and regulatory framework for AI.

  • What is the role of oversight in the tech industry?

    Oversight in the tech industry involves monitoring and regulation to ensure compliance with ethical and legal standards, promoting responsible innovation and safeguarding against potential risks associated with emerging technologies like AI.

Previous Post

Android Fingerprint Vulnerabilities: Unlocking Phones with $15 Equipment

Next Post

Atmus Filtration Technologies: Pioneering Filtration Solutions for Global Industries

Sergio Richi

Sergio Richi

Sergio Richi, the innovative mind behind Logll.com, is an esteemed authority in the realm of Cyber Security and related subjects. As the creator and owner of this digital platform, he commits himself to delivering unparalleled insights into the ever-evolving technological landscape. His work seeks to equip readers with a holistic understanding of the most recent advancements within the industry.
Sergio's expertise extends across an array of sectors, including Business, Automotive, Cutting-edge Gadgets, Laptop Evaluations, Financial Management, and the burgeoning world of Cryptocurrencies. His keen eye for details and passion for Information Security drives him to explore and unravel the intricacies of this domain, making his content indispensable for those seeking to stay informed and ahead of the curve.
Disclaimer: Please note that the content on Logll.com, encompassing news, articles, evaluations, and perspectives, is meant solely for informational and educational purposes. Although we endeavor to present accurate, current, and relevant information, we cannot assure the comprehensiveness, precision, dependability, appropriateness, or accessibility of any content featured. Read more: https://logll.com/disclaimer/

Related Posts

Millions Ethereum
Crypto

Unveiling the Mind-Boggling Trend: Millions in Ethereum Sent to Random Twitter Wallets!

8 hours ago
8
Winklevoss
Crypto

Winklevoss Twins Attempt Pivot After Gemini Loses Money and Employees

2 days ago
14
MetaMask
Crypto

Tax Withholding on Crypto Transactions: MetaMask’s Updated Terms of Use

2 weeks ago
16
USDT Financial Triumph
Crypto

Tether Holdings: Unveiling Financial Stability and Prosperity Amid Criticism

2 weeks ago
17
North Korean hackers
Cybersecurity

Unmasking North Korea’s $721 Million Cryptocurrency Theft from Japan

2 weeks ago
13
Binance's CZ Unfollows Musk
Crypto

Dissecting Binance’s CZ Unfollow of Musk and its Consequences

2 weeks ago
14
Next Post
IPO

Atmus Filtration Technologies: Pioneering Filtration Solutions for Global Industries

Stay Connected

  • YouTube
  • Tiktok
  • Facebook
  • Twitter
  • Pinterest
  • Trending
  • Comments
  • Latest
Beovision Harmony OLED TV

Bang & Olufsen’s Beovision Harmony OLED TV Series: A New Standard in Luxury Viewing

May 15, 2023
best hardware wallets for bitcoin, like trezor, ledger and safepal

The Best Bitcoin and Ethereum Hardware Wallets for 2023

March 10, 2023
best laptops

Comprehensive Review: SGIN, WAICID, and ASUS ROG Strix Laptops

May 15, 2023
Apple iPhone 15 Pro Max to Feature LG-made Periscope Lens

Apple iPhone 15 Pro Max to Feature LG-made Periscope Lens

January 18, 2023
Millions Ethereum

Unveiling the Mind-Boggling Trend: Millions in Ethereum Sent to Random Twitter Wallets!

June 1, 2023
Winklevoss

Winklevoss Twins Attempt Pivot After Gemini Loses Money and Employees

May 30, 2023
National Amusements

National Amusements Secures $125M Investment from Michael Dell’s Firm

May 25, 2023
IPO

Atmus Filtration Technologies: Pioneering Filtration Solutions for Global Industries

May 25, 2023

Latest News

Millions Ethereum

Unveiling the Mind-Boggling Trend: Millions in Ethereum Sent to Random Twitter Wallets!

8 hours ago
8
Winklevoss

Winklevoss Twins Attempt Pivot After Gemini Loses Money and Employees

2 days ago
14
National Amusements

National Amusements Secures $125M Investment from Michael Dell’s Firm

7 days ago
22
IPO

Atmus Filtration Technologies: Pioneering Filtration Solutions for Global Industries

7 days ago
15
AI regulation

Microsoft Urges Lawmakers, Companies to ‘Step Up’ with AI Guardrails

7 days ago
7
Footer Logo

Follow Us

Browse by Category

  • 3D
  • AI
  • Apple
  • Best Deals
  • Business
  • Cameras
  • Cars
  • Cool Gadgets
  • Crypto
  • Cybersecurity
  • Film
  • Finance
  • Games
  • Headphones
  • Laptops
  • Metaverse
  • Mobile
  • Monitors
  • Robotics
  • Sports
  • Tesla
  • TV
  • YouTube

Latest News

Millions Ethereum

Unveiling the Mind-Boggling Trend: Millions in Ethereum Sent to Random Twitter Wallets!

June 1, 2023
Winklevoss

Winklevoss Twins Attempt Pivot After Gemini Loses Money and Employees

May 30, 2023
  • About Us
  • Affiliate Disclosure
  • Contact Us
  • Disclaimer
  • Home
  • Privacy Policy

© 2022-2023 Logll Tech News — All Rights Reserved.

No Result
View All Result
  • Home
  • Business
  • Finance
  • Crypto
  • Metaverse
  • Games
  • Cybersecurity
  • Monitors
  • Headphones
  • Cameras
  • Cars
  • Laptops
  • Mobile
  • YouTube
  • Tesla
  • TV
  • AI
  • 3D
  • Film
  • Sports
  • Robotics
  • Apple
  • Best Deals
  • Cool Gadgets

© 2022-2023 Logll Tech News — All Rights Reserved.