News

Biden’s Urgent Warning to Tech Giants on AI Risks

Key Points:

  • United States President Joe Biden expressed concern about the uncertain safety of artificial intelligence.
  • Biden urged technology firms to prioritize the security of their products, citing potential risks to society, national security, and the economy.
  • The Center for Artificial Intelligence and Digital Policy called on the U.S. Federal Trade Commission to prevent OpenAI from releasing GPT-4, a language model with human-like response capabilities that has impressed and alarmed users.
United States President Joe Biden regarding the safety of artificial intelligence (AI) and the need for technology companies to prioritize security before releasing products to the public.

In a meeting with science and technology advisers, President Biden acknowledged the potential benefits of AI in tackling societal issues such as disease and climate change. However, he emphasized the need to address possible risks to society, national security, and the economy.

President Biden also highlighted the negative impact that powerful technologies, such as social media, can have on mental health, self-image, and feelings of hopelessness, particularly among young people. He called for the U.S. Congress to approve non-partisan privacy laws that limit personal data gathered by technology firms, prohibit child-targeted advertising, and prioritize health and safety in product development.

Moreover, the Center for Artificial Intelligence and Digital Policy recently urged the U.S. Federal Trade Commission to prevent OpenAI from releasing new commercial versions of GPT-4, a language model that has both impressed and alarmed users due to its human-like capacity to create written responses to prompts. As such, the article provides an insightful overview of the current discourse surrounding the development and deployment of AI, as well as the regulatory actions being taken to ensure its safe and responsible use.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

Coincu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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