3min chapter

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Chris Makes $10k, OpenAI App Store, GPT-4 Vision, FinGPT, EU Regulation | E20

This Day in AI Podcast

CHAPTER

The Future of AI Regulation

Right now, the only people enforcing things like not safe for work filters or you know, you can't do these filters are the companies themselves. I rule over the EU draft laws around regulating AI. The one challenge they're going to have is just like, how do you enforce some police this stuff? It's similar to GDPR - it just led to a bunch of like pop ups on websites.

00:00
Speaker 1
But
Speaker 2
yeah, and it's funny because I saw a comment during the week that I didn't think much of when I saw it. But as I've reflected on it, I think it's quite good. And it was saying that really, why are we letting the companies in this scenario control the ethics? Because if you think about it, right now, the only people enforcing things like not safe for work filters or you know, you can't do these filters are the companies themselves. Like they're not under any pressure that I know of to do that. I think they're doing it out of prudence, like not wanting to get themselves in hot water and get regulated and shut down, which is why they're proactively doing it. But really, right now, all the rules are not coming from governments and they're not coming from independent bodies or representatives of the people. They're coming from the companies themselves.
Speaker 1
It's like school kids in a playground, like just making up rules of a game. That's what I think it is right now. They're just like, you know, you can do this, you can't do this, this is what's happening. We'll self-regulation. You could just argue that is self-regulation better than the government regulating. But there's some maybe examples of self-regulation working, but I don't know whether the direction is. Do you go there?
Speaker 2
Well, there'll always be someone else, you know, assuming the technology, the open source in particular technology keeps going, there'll always be someone else who can just have less ethics and do that. So something has to happen.
Speaker 1
I rule over the EU draft laws around regulating AI. And remember this start of with Sam Altman being like, you know, we want regulation, but if you do regulation, we're going to take Jupy to away from you. But anyway, fast forward, some of the concepts in it, I actually really like where, you know, you should know how AI is being used if it's going to process something that could change your life, like a mortgage application or a university admission or whatever it is. I think that's a good point. And then looking at just unacceptable risk category of AI, where it might be used for like facial recognition or things that take away like your rights as an individual. And yeah, so like all the areas that they're actually proposing versus what was speculated don't seem that prohibitive towards innovating or continuing to develop these technologies. And it doesn't really cover anything like don't make an AI that'll extinct us or anything like that. It just touches on the here and now, like the misinformation and some of these things. I think the one challenge they're going to have, as we said earlier, is just like, how do you enforce some police this stuff? It's similar to GDPR. It just led to a bunch of like pop ups on websites. Like, do you agree that
Speaker 2
AI is bad?

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