The world is rapidly evolving with the introduction of artificial intelligence (AI). This technology has the potential to revolutionize many sectors, from making workers more productive to driving innovation in new products and services. However, it can also be used to automate existing jobs and exacerbate inequality, as well as lead to discrimination against workers. AI is already disrupting the world and raising important issues for society, economy, and governance. AI has the potential to make predictions more accurate and efficient than ever before.
Oren Etzioni, executive director of the Allen Institute for Artificial Intelligence, believes that rules should be put in place to regulate these systems in order to prevent unfair treatment related to historical data. This will ensure that AI is used responsibly and ethically. In order to prepare the United States for a future in which AI plays an increasing role, the White House released a report on artificial intelligence, automation and the economy. It proposed that the Secretary of Commerce create a federal advisory committee on the development and implementation of AI. This committee would provide advice on ways to promote an “investment and innovation climate that ensures the global competitiveness of the United States”, “optimizes the development of artificial intelligence to address potential growth, restructuring, or other changes in the U.
S. workforce”, “supports the unbiased development and application of artificial intelligence”, and “protects people's privacy rights”.Joshua Gans, author of Prediction Machines: The Simple Economics of Artificial Intelligence, believes that only when this is widely understood will AI achieve its transformational potential. To boost economic development and social innovation, federal officials must increase investment in AI and data analysis. AI-assisted command and control systems can bring support for decision-making at a much higher speed than traditional means of waging war. Regulating individual algorithms will limit innovation and make it difficult for companies to use AI.
If strictly interpreted, these rules will make it difficult for European software designers (and American designers working with European counterparts) to incorporate AI and high-definition cartography into autonomous vehicles. AI is a rapidly evolving technology with great potential to revolutionize many sectors through artificial intelligence and data analysis. It is important to understand how this technology can be used responsibly in order to maximize its benefits while minimizing its risks. Governments must create regulations that protect citizens from potential harms while allowing companies to innovate with this technology.
