The imbalance of power in the AI game: in search of the common good
The article discusses the contrasting debate on how AI safety is and should be managed, its impact on technical debt, and its societal implications.
It notes the Center for AI Safety's call for a worldwide focus on the risks of AI, and Meredith Whittaker's criticism that such warnings preserve the status quo, strengthening tech giants' dominance. The piece also highlights AI's potential to decrease societal and technical debt by making software production cheaper, simpler, and resulting in far more innovation. It provides examples of cost-effective open-source models that perform well and emphasizes the rapid pace of AI innovation. Last, the article emphasises the need for adaptive legislation to match the pace of AI innovation, empowering suitable government entities for oversight, defining appropriate scopes for legislation and regulation, addressing ethical issues and biases in AI, and promoting public engagement in AI regulatory decisions.