5 Reasons Why AI Regulation Matters

As artificial intelligence (AI) continues to progress in a fast pace, the impact of it to daily life has is becoming more prominent. While AI has been proving to be efficient, it is still important to put limitations and order that would safeguard the people.

Government agencies have been making an effort to create dialogues among tech giants to further understand the power of AI. Here are some of the reasons why AI regulations matter, now more than ever:

Ethical Consideration

AI chatbots are capable of giving advises and decisions that can have ethical implications. Without any regulations, these AI models might continue to give unethical advises that could be in the guise of discrimination, surveillance, or development of criminal acts. For instance, a chatbot was devised recently with the goal of helping cybercriminals.

Safety and Privacy

AI often deals with processing personal data. Some social media platforms have already updated their policy stating that the user's data can be used for improving the platform's AI model. Usually, these policies are taken for granted by most users and are often not read at all. Without any regulation, users are risking their safety.

Accountability

Tech companies who are working towards the development of AI are responsible for ensuring that their platform is safe and ethical. However, without any regulation in place, government agencies will have a hard time resolving AI issues since companies will most likely dodge the accountability. Regulation will define the scope of liability and accountability frameworks for AI companies should there be any violation.

National Security

National security has the risk of being vulnerable to the potential harm of AI if it is not regulated. Some hackers might take advantage on the open learning system that is used by most AI models.

Public Trust

A recent study has shown that Americans are more concerned than welcoming towards the progression of AI. This indicates that many people are still not comfortable on the idea of AI on their daily lives. Mostly, people put reservations due to the risk of losing their jobs to AI.