Why the UK fears that humans may lose control of AI
UK Prime Minister Rishi Sunak has announced that he does not want to rush to take control of artificial intelligence (AI) as the country prepares to host the global AI summit next week.
AI and crypto are the latest challenges for regulators around the world. Since the technology is relatively new, lawmakers need to figure out the most effective way to control them.
According to UK Prime Minister Rishi Sunak, humans may lose control of AI.
Speaking at the Royal Society in London, Sunak highlighted the need to rush around AI regulations. According to the Financial Times, he worries about writing the rules for AI without fully understanding the technology.
He warned:
“Rapidly evolving technology makes it easier to make chemical and biological weapons, carry out cyber attacks, spread disinformation and sexually abuse children.” In extreme cases, humans can completely lose control of the AI.
Read more: Will AI replace humans?
Meanwhile, Sunak issued a calm warning about the hasty implementation of the AI regulation, but at the same time reassured the public by promising that the country's measures would prioritize their safety. On the bright side, a survey found that half of participants in the UK are using generative AI to improve their work-life balance.
The UK will host a global AI summit at Bletchley Park next week. US Vice President Kamala Harris is one of the confirmed speakers at the event.
The UK Crypto Bill has been passed by Parliament
While the UK is working on AI regulation, it is also making progress with crypto regulations.
Read more: The 6 hottest artificial intelligence (AI) jobs in 2023
The UK's Parliamentary Bills website shows that “Royal Assent” of the Economic Crime and Corporate Transparency Act 2023 is scheduled for Thursday. In the United Kingdom, after Parliament passes the law, it needs royal assent.
Among the various provisions in the bill, one of the provisions allows the authorities to seize illegal crypto assets without conviction. This is one of the measures taken by the UK government to prevent crypto crimes. Earlier this year, BeenCrypto reported that the UK's National Crime Agency had launched a special crypto cell to deal with crypto crimes.
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