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✦Reported by Livemint

Microsoft president says milk faces more regulation than AI

Microsoft president says milk faces more regulation than AI
Source: Livemint

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."

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Microsoft president says milk faces more regulation than AI | ArthNow