![]() The world is evidently split into regulatory camps that are uncoordinated and often conflicting. All this creates anxiety amongst nation states.Īt the national level, the race is intense and divisive. The industry has responded through self-regulatory initiatives, but they are nothing more than a patchwork of high level commitments rather than binding rules. As with any disruption, this acceleration of innovation by industry has been celebrated, but has also raised legitimate concerns over ethics, jobs, and security, amongst other issues. ![]() Microsoft is implementing AI tools in products such as Teams, Word and Excel, while Google is doing the same with Gmail, Docs and Sheets. At the same time, big technology companies are integrating AI tools across their existing popular products. OpenAI’s ChatGPT, for instance, has already disrupted various sectors, including healthcare, finance, and customer service, and has been credited for being a powerful tool for automation and cost reduction. Zooming In and Zooming Out on AI GovernanceĪt the market level, new products have emerged and are expected to disrupt societies. That is why it is important to look at lessons learned from prior efforts to govern technology. ![]() ![]() Indeed, not since the birth of the Internet or perhaps the dawn of the mobile age has technology seemed so likely to usher in rapid change. Conversations are consumed by AI, so much so that the Collins dictionary named AI “the word of the year.” In terms of economics, AI has reawakened the technology market that, for many years, appeared lacking in innovation and creativity. Even though AI tools have been around for years, recently they have become ubiquitous. There is a new front in the geopolitical battle for technological dominance: artificial intelligence (AI). ![]()
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