(News USA)
– Artificial intelligence (AI) is transforming our society and economy in ways almost unimaginable, according to experts from the non-partisan nonprofit Special Competitive Research Project (SCSP). AI today powers personalized precision medicine. gene therapy; vaccine discovery. drug design. and cancer screening. AI will also revolutionize crop management, reduce waste and support the development of alternative energy sources.
But making the most of AI on a global scale requires sensible regulation.
The European Union has developed a proposal to regulate AI (AI Law), but it falls short on security issues, the SCSP team says. Meanwhile, the Chinese Communist Party has made clear its intention to control emerging technologies.
The US and EU need to come together rather than divide on AI, and EU AI law is likely to stifle innovation with a strategy of “regulate first, detail later.”
SCSP analysts outline how the US and EU will move forward in AI governance to maintain global leadership in this important area.
Promoting innovation through responsible regulation. Technology has become the organizing principle of the competition for world order. According to SCSP, most democracies at least agree on basic things about what AI should and shouldn’t do. While our Democratic partners may not agree on every detail of the regulatory plan, these minor differences need not prevent cooperation on larger issues of strategic alignment and economic ties. SCSP experts say there must be a balance between regulation and innovation. AI systems must be built and used safely, responsibly and ethically.
Invest in resources. Democracies must mobilize resources and diplomatic will to collectively build the digital apps, software, and platforms that support daily governance, commerce, and life. This represents government-backed investments in global digital ecosystem projects. The Transatlantic Alliance should spend more time fostering a rich ecosystem of universities, companies and innovators than pondering the risks of innovation.
Upgrade your alliance. From a diplomatic perspective, democracies need a new framework of alliances that involves investing in their overall comparative advantage in technology, not just AI, but 5G and chip technology. In addition, democratic nations should forge strategic partnerships to maintain control of their future digital infrastructure and work together to maintain standards based on technical rather than political criteria.
Key questions for the future success of AI include how to use data for society while upholding our values, and how to encourage AI researchers to solve big social problems. or how to get more young people interested in studying to become AI engineers. According to SCSP.
“We need to shift our mindset to an optimistic view of AI and expect to take advantage of it rather than automatically push the regulation button,” SCSP experts stressed.
For more information, visit scsp.ai.
