The surprising thing AI engineers will tell you
The industry is desperate for regulation to help slow it down
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AMONG the many unique experiences of reporting on artificial intelligence (AI) is this: In a young industry flooded with hype and money, person after person tells me that they are desperate to be regulated, even if it slows them down. In fact, especially if it slows them down.
What they tell me is obvious to anyone watching. Competition is forcing them to go too fast and cut too many corners. This technology is too important to be left to a race among Microsoft, Google, Meta and a few other firms. But no company can slow down to a safe pace without risking irrelevancy. That’s where the government comes in – or so they hope.
A place to start is with the frameworks policymakers have already put forward to govern AI. The two major proposals, at least in the West, are the Blueprint for an AI Bill of Rights, which the White House put forward in 2022, and the Artificial Intelligence Act (AIA), which the European Commission proposed in 2021. Then, on Apr 11, China released its latest regulatory approach.
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