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Bibliographic Details
Main Author: Carvão, Paulo
Format: Preprint
Published: 2024
Subjects:
Online Access:https://arxiv.org/abs/2407.12690
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author Carvão, Paulo
author_facet Carvão, Paulo
contents This article addresses the societal costs associated with the lack of regulation in Artificial Intelligence and proposes a framework combining innovation and regulation. Over fifty years of AI research, catalyzed by declining computing costs and the proliferation of data, have propelled AI into the mainstream, promising significant economic benefits. Yet, this rapid adoption underscores risks, from bias amplification and labor disruptions to existential threats posed by autonomous systems. The discourse is polarized between accelerationists, advocating for unfettered technological advancement, and doomers, calling for a slowdown to prevent dystopian outcomes. This piece advocates for a middle path that leverages technical innovation and smart regulation to maximize the benefits of AI while minimizing its risks, offering a pragmatic approach to the responsible progress of AI technology. Technical invention beyond the most capable foundation models is needed to contain catastrophic risks. Regulation is required to create incentives for this research while addressing current issues.
format Preprint
id arxiv_https___arxiv_org_abs_2407_12690
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle The Dual Imperative: Innovation and Regulation in the AI Era
Carvão, Paulo
Computers and Society
Artificial Intelligence
Social and Information Networks
K.4.1; K.5.2
This article addresses the societal costs associated with the lack of regulation in Artificial Intelligence and proposes a framework combining innovation and regulation. Over fifty years of AI research, catalyzed by declining computing costs and the proliferation of data, have propelled AI into the mainstream, promising significant economic benefits. Yet, this rapid adoption underscores risks, from bias amplification and labor disruptions to existential threats posed by autonomous systems. The discourse is polarized between accelerationists, advocating for unfettered technological advancement, and doomers, calling for a slowdown to prevent dystopian outcomes. This piece advocates for a middle path that leverages technical innovation and smart regulation to maximize the benefits of AI while minimizing its risks, offering a pragmatic approach to the responsible progress of AI technology. Technical invention beyond the most capable foundation models is needed to contain catastrophic risks. Regulation is required to create incentives for this research while addressing current issues.
title The Dual Imperative: Innovation and Regulation in the AI Era
topic Computers and Society
Artificial Intelligence
Social and Information Networks
K.4.1; K.5.2
url https://arxiv.org/abs/2407.12690