Dubai Telegraph - US regulator targets AI ahead of White House confab

EUR -
AED 4.256969
AFN 73.026624
ALL 95.949668
AMD 436.29849
ANG 2.074968
AOA 1062.937298
ARS 1612.956254
AUD 1.648622
AWG 2.089361
AZN 1.97515
BAM 1.955793
BBD 2.330592
BDT 141.989509
BGN 1.981339
BHD 0.437098
BIF 3425.188147
BMD 1.159146
BND 1.479895
BOB 7.995972
BRL 6.159011
BSD 1.157196
BTN 108.180626
BWP 15.778945
BYN 3.510788
BYR 22719.261378
BZD 2.327292
CAD 1.591102
CDF 2637.057544
CHF 0.913917
CLF 0.027244
CLP 1075.745893
CNY 7.982348
CNH 8.005172
COP 4253.385281
CRC 540.49813
CUC 1.159146
CUP 30.717369
CVE 110.264618
CZK 24.515015
DJF 206.059287
DKK 7.48519
DOP 68.689762
DZD 153.294785
EGP 59.995792
ERN 17.38719
ETB 182.369469
FJD 2.566871
FKP 0.87126
GBP 0.86899
GEL 3.147128
GGP 0.87126
GHS 12.613956
GIP 0.87126
GMD 85.201694
GNF 10142.964899
GTQ 8.863969
GYD 242.099162
HKD 9.082199
HNL 30.628894
HRK 7.547552
HTG 151.809475
HUF 393.739159
IDR 19654.711213
ILS 3.60393
IMP 0.87126
INR 108.971952
IQD 1515.894754
IRR 1525001.44174
ISK 144.047519
JEP 0.87126
JMD 181.799371
JOD 0.82188
JPY 184.582853
KES 149.909481
KGS 101.364887
KHR 4623.983998
KMF 494.955743
KPW 1043.080849
KRW 1744.874492
KWD 0.35536
KYD 0.964297
KZT 556.328075
LAK 24848.914008
LBP 103633.441366
LKR 360.978751
LRD 211.759267
LSL 19.520632
LTL 3.422657
LVL 0.701156
LYD 7.407974
MAD 10.813063
MDL 20.15193
MGA 4824.983303
MKD 61.639787
MMK 2434.137979
MNT 4156.167228
MOP 9.340468
MRU 46.32084
MUR 53.912319
MVR 17.920835
MWK 2006.593056
MXN 20.746631
MYR 4.565921
MZN 74.073751
NAD 19.520632
NGN 1572.092184
NIO 42.579853
NOK 11.093021
NPR 173.089401
NZD 1.985179
OMR 0.445696
PAB 1.157196
PEN 4.000686
PGK 4.994983
PHP 69.723065
PKR 323.078682
PLN 4.282755
PYG 7557.973845
QAR 4.231485
RON 5.101986
RSD 117.449594
RUB 96.003268
RWF 1683.694173
SAR 4.352195
SBD 9.33305
SCR 15.877645
SDG 696.647132
SEK 10.831104
SGD 1.486609
SHP 0.86966
SLE 28.486057
SLL 24306.724357
SOS 661.297712
SRD 43.45349
STD 23991.981659
STN 24.499915
SVC 10.124965
SYP 128.128397
SZL 19.526932
THB 38.14522
TJS 11.114462
TMT 4.068602
TND 3.417588
TOP 2.790945
TRY 51.295112
TTD 7.850973
TWD 37.135217
TZS 3008.589588
UAH 50.693025
UGX 4373.984863
USD 1.159146
UYU 46.629839
UZS 14107.951178
VES 527.05282
VND 30499.449254
VUV 138.346896
WST 3.161587
XAF 655.95473
XAG 0.017031
XAU 0.000257
XCD 3.13265
XCG 2.085493
XDR 0.815797
XOF 655.95473
XPF 119.331742
YER 276.576393
ZAR 19.85325
ZMK 10433.709028
ZMW 22.593922
ZWL 373.244535
  • RBGPF

    -13.5000

    69

    -19.57%

  • GSK

    -0.5300

    51.84

    -1.02%

  • BCE

    0.0600

    25.79

    +0.23%

  • RIO

    -2.5000

    83.15

    -3.01%

  • CMSD

    -0.2420

    22.658

    -1.07%

  • RYCEF

    -1.2600

    15.34

    -8.21%

  • RELX

    -0.4600

    33.36

    -1.38%

  • NGG

    -3.5400

    81.99

    -4.32%

  • VOD

    -0.0900

    14.33

    -0.63%

  • CMSC

    -0.2000

    22.65

    -0.88%

  • BTI

    -1.3500

    57.37

    -2.35%

  • BCC

    -1.5600

    68.3

    -2.28%

  • AZN

    -5.3300

    183.6

    -2.9%

  • BP

    -1.0800

    44.78

    -2.41%

  • JRI

    -0.3900

    11.77

    -3.31%

US regulator targets AI ahead of White House confab
US regulator targets AI ahead of White House confab / Photo: Lionel BONAVENTURE - AFP

US regulator targets AI ahead of White House confab

A US regulator put artificial intelligence in the crosshairs ahead of a White House meeting Thursday with tech firms to strategize about its dangers.

Text size:

"While the technology is moving swiftly, we already can see several risks," Federal Trade Commission chief Lina Khan wrote in a guest essay in the New York Times.

"Enforcers and regulators must be vigilant."

The tough talk comes as US lawmakers lag far behind their European counterparts when it comes to reining in big tech.

US President Joe Biden has urged Congress to pass laws putting stricter limits on the tech sector, but these efforts have little chance of making headway given political divisions.

The lack of rules has given Silicon Valley freedom to put out new products rapidly -- and stoked fears that AI technologies will wreak havoc on society before the government can catch up.

The White House will meet with chief executives from Google, Microsoft, OpenAI and Anthropic on Thursday to discuss the promise and risks of artificial intelligence.

Vice President Kamala Harris and other administration officials will discuss ways to ensure consumers benefit from AI while being protected from its harms, according to a copy of an invitation seen by AFP.

"Don't get your hopes up that this will lead to anything particularly meaningful, but it's a good start," said David Harris, a lecturer at Haas Business School at the University of California, Berkeley.

"The United States Congress can barely keep the government's bank accounts full; I think it would be a lot for us to expect it to put forth any meaningful legislation about AI."

- 'Turbocharged' fraud? -

The United States is home to the biggest innovators in tech and AI -- including Microsoft-backed OpenAI, which created ChatGPT.

Google has invited users in the United States and Britain to test its AI chatbot, known as Bard, as it strives to catch up with ChatGPT.

Billionaire Elon Musk in March founded an AI company called X.AI, based in the US state of Nevada, according to business documents.

Google, Meta and Microsoft have spent years working on AI systems to help with translations, internet searches, security and targeted advertising.

But late last year San Francisco-based OpenAI supercharged interest in generative AI when it launched ChatGPT, a bot that can crank out natural-seeming written responses from short prompts.

"Can we continue to be the home of world-leading technology without accepting race-to-the-bottom business models and monopolistic control?" Khan asked rhetorically.

"Yes -- if we make the right policy choices."

Khan said risks from AI include it being used to "turbocharge" fraud with voice clones, deep-fake videos, and convincing written messages.

- Eclipsing humans? -

A computer scientist often dubbed "the godfather of artificial intelligence" recently quit his job at Google to speak out about the dangers of the technology.

Geoffrey Hinton said at an MIT forum on Wednesday that it makes sense to halt development of AI, but the idea is naive given competition between countries and companies.

"It's quite conceivable that humanity is just a passing phase in the evolution of intelligence," Hinton said.

Digital intelligence "may keep us around for a while to keep the power stations running. After that, maybe not," he added.

Hinton, who created a technology underlying AI systems, maintained that the existential threat from AI is "serious and close."

Microsoft chief economist Michael Schwarz at the World Economic Forum in Geneva warned that AI will be used to cause damage by "bad actors" like spammers and those out to manipulate election outcomes, according to a CNBC report.

An arms race over AI is expected to play out for several years.

Microsoft has been swiftly adopting generative AI, showing less caution than rivals despite early problems such as chatbots giving disturbing responses or blatantly inaccurate information.

European countries are scrutinizing the use of personal data by ChatGPT and demanding answers from OpenAI.

The European Union's central data regulator has formed a task force to help countries harmonize their policies and address privacy concerns.

ChatGPT can generate essays, poems and conversations from the briefest of prompts, and has proved itself capable of passing some tough exams.

But it has been dogged by concerns that its talents could lead to widespread cheating in schools, fuel disinformation on the web and replace human workers.

And the chatbot can only function if it is trained on vast datasets, raising concerns about where OpenAI gets its data and how that information is handled.

Y.Sharma--DT