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🌍The race to regulate AI

As AI is booming, lawmakers around the world are scratching their heads, wondering how to best regulate the technology without stifling innovation. The main concerns include:

• AI’s capability to create and spread misinformation, which could interfere with elections.

• AI’s ability to replace many of the specialized jobs we have now.

• The long-term threat of AI surpassing humans.

The US: This week in the US, lawmakers are meeting with big names in AI, like Zuckerberg, Musk, and Altman, to delve deeper into AI and understand their views.

While lawmakers study the issue, the White House is urging top tech companies to voluntarily be transparent about their system capabilities and to label AI-generated content. Big players like Google, Microsoft, Nvidia, and OpenAI have already taken the pledge.

The EU: On the flip side, the EU has drafted laws focusing on privacy and intellectual property, but tech companies aren’t thrilled. The EU wants AI creators to be accountable for their tech, even if others have integrated it into a different system, and to pay compensation for training data used.

However, the major AI players are based outside the EU. So, the EU's rules might not shift the global AI landscape much.

China: China is setting rules for AI to reflect the “core values of socialism.” And if an AI product might sway public opinion? It’s gotta get a security check. However, they're allowing for relatively free development in private settings and business-specific areas.

As companies rush to launch products, lawmakers around the world are hard-pressed to come up with regulation to both protect society and seize the opportunities presented by the AI revolution. With the US election happening next year, and employers rapidly adopting AI, the clock is ticking.

ONE IDEA

Hey Gen just released a converter that automatically dubs your videos. It currently supports only a few languages, but soon it'll be able to instantly dub in all languages. What videos would you watch if you could understand them?

I would probably go for Norwegian TV shows. They are great.

⌚ If you have one more minute:

• Tech leaders agree on AI regulation but divided on how in Washington forum

• Could AI transform science itself?

• It is becoming too easy to clone your voice and it’s a problem

• This app let’s you convert a video into another language instantly

• Nearly half of European workers expect AI to 'significantly' impact their jobs by 2024

AI Art of the day 🎨

Harry Potter as a mexican Soap Opera. Created by Youtuber WhiskyAI.

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That’s it folks!

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