Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2023-05-26 11:55:10| Engadget

Microsoft has called for the US federal government to create a new agency specifically focused on regulating AI, Bloomberg reports. In a Washington, DC-based speech attended by some members of Congress and non-governmental organizations, Microsoft vice chair and president Brad Smith remarked that "the rule of law and a commitment to democracy has kept technology in its proper place" and should do so again with AI. Another part of Microsoft's "blueprint" for regulating AI involves mandating redundant AI circuit breakers, a fail-safe that would allow algorithms to be shut down quickly.Smith also strongly suggested that President Biden create and sign an executive order necessitating that the National Institute of Standards and Technology's (NIST) risk management framework be followed by any federal agencies engaging with AI tools. He added that Microsoft would also adhere to the NIST's guidelines and publish a yearly AI report for transparency.Microsoft's calls for regulation follow similar remarks from OpenAI and Google. OpenAI CEO Sam Altman testified before Congress that a "new entity" is needed to regulate AI and recommended "independent audits" of models. Yet, Altman previously suggested pulling OpenAI from the European Union if the company doesn't agree with new policies. Kent Walker, CEO president of global affairs for Google and Alphabet, recently released a statement calling for "broad-based efforts across government, companies, universities, and more to help translate technological breakthroughs into widespread benefits, while mitigating risks." Concerns about AI have also led to people walking away from its development. Former Google VP and engineering fellow Geoffrey Hinton, commonly referred to as "The Godfather of AI," notably resigned in April to openly warn about AI's risks.Alongside voicing his concerns, Smith's hour-long speech also served as an opportunity for him to laud recent AI advancements. He compared its significance to that of the printing press or electricity. In an accompanying blog post that echoed his speech, Smith went so far as to say, "AI offers perhaps even more potential for the good of humanity than any invention that has preceded it."This article originally appeared on Engadget at https://www.engadget.com/microsoft-appeals-for-a-new-us-agency-to-regulate-ai-095510698.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

09.05AI Update, May 9, 2025: AI News and Views From the Past Week
09.05Patrons select emotions to order cocktails at Suntorys Glass and Words pop-up bar in Tokyo
08.05Which US Jobs Are Using Generative AI the Most? [Infographic]
08.05The Secret to B2B Event Success: The Virtual Sandwich Method
08.05AI in B2B Marketing: Connecting Adtech and Martech for Full-Funnel Growth
08.05Lidl cuts cartoon marketing from low-nutrition products
07.05Are AI Customer Experience Agents Helpful?
07.05What Does the Marketer of the Future Look Like?
Marketing and Advertising »

All news

11.05Featuring Black-owned and wellness businesses, the Aux opens in Evanston
11.05Transportation Secretary Sean Duffy plans to reduce flight capacity at Newark airport
11.05Puerto Rico seeks to lure manufacturing to boost its economy as Trumps tariff war deepens
11.05A managers guide to helping grieving employees
11.05Fidos Landing brings pet shelter back to former Homewood home of South Suburban Humane Society
11.05In Illinois, an invisible boundary determines how dirty and costly your electricity is
11.05Condo Adviser: Community associations must enforce rules and regulations uniformly
11.05ETMarkets Smart Talk: Logistics, retail, green energy set to soar under India-UK FTA, says Charles Russell Speechlys Kim Lalli
More »
Privacy policy . Copyright . Contact form .