Microsoft president says milk faces more regulation than AI

Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Microsoft president Brad Smith said on October 12 that artificial intelligence needs urgent global regulation.
- ✓He warned that AI currently faces fewer safety requirements than milk.
- ✓Smith suggested that companies should write incident reports and include an emergency brake.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Livemint
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
LONDON, Oct 12 (Reuters) - Artificial Intelligence needs urgent global regulation with independent evaluators able to vet new developments, the president of Microsoft said, warning that AI currently faces fewer safety requirements than milk.
In an interview with the BBC published on Monday, Brad Smith said a set of global safety rules needed to be in place, requiring a "victim" to be informed if their system is breached by a rogue AI agent and an "emergency brake" available.
He said there should also be a legal requirement for companies to write "incident reports".
"We know how to do this for other products," Smith said. "We should build on that knowledge and think about how to apply it to AI."
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Livemint
Read the full, original unfiltered story directly on the publisher's portal.