AI is one genie we're never getting back in its bottle so we'd better start working on regulating it, argues Tom Kemp, in his new book, Containing Big Tech.
Pandora in the Greek myth brought powerful gifts but also unleashed mighty plagues and evils. So likewise with AI, we need to harness its benefits but keep the potential harms that AI can cause to humans inside the proverbial Pandora’s box.
She’s right. First and foremost, we need regulation. AI is a new game, and it needs rules and referees. She suggested we need an FDA equivalent for AI. In effect, both the AAA andcall for the FTC to act in that role, but instead of drug submissions and approval being handled by the FDA, Big Tech and others should send their AI impact assessments to the FTC for AI systems.
Finally, our society and economy need to better prepare ourselves for the impact of AI on displacing workers through automation. Yes, we need to prepare our citizens with better education and training for new jobs in an AI world. But we need to be smart about this, as we can’t say let’s retrain everyone to be software developers, because only some have that skill or interest.
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