At a London event held at Lancaster House, Elon Musk talked about artificial intelligence’s future
He likened AI to a “magic genie” that would someday take the place of all human roles and eliminate the need for conventional employment.
Musk said that although individuals can still want to labor for their own fulfillment, AI has the capacity to complete any activity. He pointed out that when employment is no longer required, finding meaning in life may become quite difficult.
Musk also stressed how critical it is to provide a safety “off switch” for robots and AI systems. He emphasized the need to stop AI from monitoring people and voiced concerns about the potential for software updates to make AI less friendly.
Musk discussed the possible advantages of AI at the event, such as its usage as a tutor in school and its ability to provide universal high income rather than universal basic income.
He also talked about the concept of AI friends, especially for people who have trouble interacting with others. The UK Chancellor of the Exchequer, Rishi Sunak, and Elon Musk discussed a range of topics related to AI research and its social ramifications.
London is second only to San Francisco in terms of AI development, a point that Musk emphasized. He complimented Sunak for inviting China to participate and hailed the event for its historical significance.
The conversation focused on how AI could revolutionize the nature of employment in the future and how ethical issues must be taken into account when developing AI.
UN chief calls for ‘united’ response to AI threats
At the first AI Safety Summit, held at Bletchley Park, north of London, UN Secretary-General Antonio Guterres called for a “united, sustained, global response” to the concerns posed by artificial intelligence (AI).
Representatives from the G7, the EU, OpenAI, Google DeepMind, Microsoft, and other corporations attended the two-day meeting, which produced a historic agreement on a new safety testing framework for “frontier” AI models.
Guterres issued a warning about the potential harm that AI might do to jobs, culture, and geopolitics. In order to solve these difficulties, he emphasized the necessity of an international strategy built on multilateralism and the involvement of all players.
British Prime Minister Rishi Sunak emphasized the value of cooperation in making AI the greatest thing to happen to humanity when he revealed that prominent AI scholar Yoshua Bengio would head a team creating a first report on AI safety.
Elon Musk was among the notable attendees at the event, which ended with a promise to host more AI safety forums in South Korea and France.
Concerns over cyberattacks, employment losses, and the possible loss of human control over AI systems have been brought up by AI. The necessity for coordinated action to ensure the safe and responsible development of AI technology is becoming more and more apparent to the international community.
A non-binding “code of conduct” for businesses using cutting-edge AI systems was recently agreed upon by the G7, and the US and other countries are moving to regulate AI internationally.
This week, institutes in Washington and London were revealed to be established to carry out that job as well as to discover and manage other hazards associated with AI.
According to her office, Harris informed the delegates on US initiatives to assist separate real government-produced digital content from artificial intelligence (AI)-generated content and to stop the deployment of biased AI algorithms.
An urgent need for a coordinated response is being met by governments, UK Foreign Secretary James Cleverly yesterday told AFP.
“We have to move at a pace that matches the pace of technology change, we don´t have a choice,” he stated.
“And actually what we´re seeing is a willingness (ness) globally, at both government level and within the commercial world, to move very, very quickly.”
Musk acknowledged that AI is “one of the existential risks that we face” and called the meeting “timely”.
“It is potentially the most pressing one if you look at the timescale and rate of advancement,” he stated.
A non-binding “code of conduct” for businesses creating the most sophisticated AI systems was agreed upon by the G7 on Monday, and US President Joe Biden also signed an executive order governing them domestically.
Ministers from France, Germany, and Italy requested greater investment in order to compete with China and the United States, and they advocated for a “innovation-friendly approach” to AI regulation in Europe while they were in Rome.
Masood Khan says Pakistan is not far behind in the tech revolution
Masood Khan, Pakistan’s ambassador to the US, noted that Islamabad had created new opportunities for international investment in the IT, energy, mining, agriculture, and defense industries and that his country was not far behind other South Asian countries in the tech revolution.
In his speech at the South Asia Center think tank’s two-day conference on “Resilience and Reform in Pakistan,” the ambassador said that the number of tech firms in Pakistan was rapidly increasing.
The seasoned diplomat informed the attendees of the event that, in contrast to the meager $10 million in venture capital funding per year in 2018, global VCs and other investors are now contributing $1 billion annually.
“Total tech startup turnover in the last fiscal year was $3 billion, whereas, e-commerce in Pakistan earned about $6 billion.”
“This is only the start. The tech revolution that has swept across North Africa, the Middle East, and South East Asia is not far behind Pakistan. The distance is now shrinking. Pakistan is making progress,” he said.
He credited e-commerce, better supply chains, and the digitization of the economy for the shift, pointing out that finance, retail, pharmacy, diagnostics, telemedicine, education, grocery, and transportation are among the industries where tech entrepreneurs have found great success.
“Our ardent pursuit of institutional reforms is directed towards achieving macroeconomic stability, social development, fiscal discipline, shock absorption, and an enhanced business climate,” stated the ambassador.
He mentioned that in order to support infrastructure development, climate resilience, and human development, Pakistan was also reforming its tax system to make it fair and universal.
“Overarching reforms being undertaken aim to enforce intellectual property rights, ensure stable payment cycles, unlock ease of doing business, and accelerate capital formation,” he stated.
“We’re going to stick with it,” the ambassador said.
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