Biden: AI can help with difficult challenges, but risks must be addressed

President Biden believes that AI can help solve some of the world's most difficult challenges, but says that risks to society, the economy, and national security must be addressed.

In a meeting on Tuesday with the President’s Council of Advisors on Science and Technology, President Biden said that “AI can help deal with some very difficult challenges like disease and climate change, but we also have to address the potential risks to our society, to our economy, to our national...

5 April 2023 | Applications

AI think tank calls GPT-4 a risk to public safety

An AI think tank has filed a complaint with the FTC in a bid to stop OpenAI from further commercial deployments of GPT-4.

The Center for Artificial Intelligence and Digital Policy (CAIDP) claims OpenAI has violated section five of the FTC Act—alleging the company of deceptive and unfair practices.

Marc Rotenberg, Founder and President of the CAIDP, said:

“The FTC has a clear responsibility to investigate and prohibit unfair and deceptive trade practices....

31 March 2023 | Applications

Editorial: UK puts AI at the centre of its Budget

British Chancellor Jeremy Hunt announced the country’s Spring Budget this week and supporting the AI industry was at the centre.

The UK is Europe’s AI leader. Indeed, behind the US and China, the country’s tech sector overall has the third-highest amount of VC investment in the world – more than Germany and France combined – and has produced more than double the number of $1 billion tech firms than any other European country.

Gerard Grech, CEO of Tech Nation,...

16 March 2023 | Artificial Intelligence

The EU’s AI rules will likely take over a year to be agreed

Rules governing the use of artificial intelligence across the EU will likely take over a year to be agreed upon.

Last year, the European Commission drafted AI laws. While the US and China are set to dominate AI development with their vast resources, economic might, and light-touch regulation, European rivals – including the UK and EU members – believe they can lead in ethical standards.

In the draft of the EU regulations, companies that are found guilty of AI misuse...

17 February 2022 | Applications

Democrats renew push for ‘algorithmic accountability’

Democrats have reintroduced their Algorithmic Accountability Act that seeks to hold tech firms accountable for bias in their algorithms.

The bill is an updated version of one first introduced by Senator Ron Wyden (D-OR) in 2019 but never passed the House or Senate. The updated bill was introduced this week by Wyden alongside Senator Cory Booker (D-NJ) and Representative Yvette Clarke (D-NY)

Concern about bias in algorithms is increasing as they become used for ever more...

4 February 2022 | Artificial Intelligence