Watch Nidhi Razdan: Need to regulate AI

Read the full story here:   See more videos at https://gulfnews.com/videos Read more Gulf News stories here: https://bit.ly/2HLJ2km

Transcript

00:00The governor of California in the United States, Gavin Newsom, recently vetoed a controversial

00:07bill that would have brought in some pretty stringent regulation as far as the AI tech

00:12industry is concerned. And it would have particularly affected big tech companies in America. Justifying

00:19why he vetoed this bill, Gavin Newsom said that essentially it would end up stifling

00:24innovation and it could take away business from the state of California, where most of

00:29these tech companies are based. But he also said that safety protocols are important and

00:34need to be put in place. Now, what his action has actually done has once again put that

00:39spotlight on AI regulation all over the world and how it needs to be done. And while there

00:44is no doubt that innovation cannot be stifled, that AI is something that is still emerging,

00:50we're still understanding how it can be used, misused. It's still an evolving technology.

00:55At the same time, the risks and dangers that it poses are there for many of us to see.

01:01We may not know exactly what those dangers are in terms of the potential escalation that

01:07they pose, the magnitude that they pose, but we can already see signs of it, whether it's

01:11through deep fakes and misinformation, etc. Therefore, regulation is going to be important.

01:17And while the California legislation was not perfect and it did have gaps, it certainly

01:22was an important first step in looking at regulation in this rather emerging and in

01:29a way scary industry. How governments can find that balance between allowing innovation

01:36to go ahead and at the same time ensuring that the harmful effects of AI are stopped.

01:43That is the real challenge really for governments all over the world. And when you have big

01:48tech companies in particular who are driven only by profit, that should also set off alarm

01:54bells that regulations and some kind of rules need to be in place. And with a technology

02:00like this, they need to be in place quickly.