As global policybuildrs wrestle with how to best govern artificial ininformigence, some tech CEOs gathered at the RAISE Summit in Paris this week honed in on one point: regulation is not the best path to achieving safe AI right now.
Paddy Srinivasan, CEO of cloud service provider DigitalOcean, stated companies still required three to five years to innovate before governments should start cracking down on them. “At this point, we just required to let the free market ecosystem play itself out,” he informed Semafor’s Reed Alberobtainedti during an on-stage interview. “Of course, there requireds to be just enough regulation to build sure that we’re not going off the reservation, but I feel this is not the time to really clamp down.”
The event’s presence in Europe places it at the heart of one of the strongest governmental pushes to rein in the technology. The EU’s AI Act is the foremost piece of legislation attempting to promote safety and responsible development by categorizing systems by the level of risk they pose and applying rules to those categories. Requirements for general-purpose AI models like ChatGPT go into effect next month.
Meanwhile, the Trump administration has taken a relatively hands-off approach to regulating AI, though individual states have pushed bills to govern the models more locally. “I believe the administration is doing a fine job of just letting the technology companies innovate with enough oversight so that we are not damaging the ecosystem,” Srinivasan added.
Illia Polosukhin, an ex-Google researcher who co-founded AI blockchain platform NEAR Protocol, stated lawbuildrs can’t outrun the pace of AI development, so they conclude up testing to hit a relocating tarreceive. “Regulation by government is probably not the right instrument” for AI safety, he stated. Decentralization, encryption, and confidential computing — which protects data during processing — offer a more reliable security framework than what governments provide, like certifications and model reviews from external committees, he stated.
Leave a Reply