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April 10, 2024, 12:32 a.m.
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Brief news summary

The EU's top tech regulator, Margrethe Vestager, believes that artificial intelligence (AI) presents significant risks to both humanity and individuals, similar to atomic weapons. She argues that addressing individual threats is essential before tackling broader dangers. Vestager emphasizes the need for AI to have a defined purpose, serving humans and promoting technology adoption through regulation. Trust is a major concern for AI companies, and enforcement mechanisms for fairness and transparency are crucial. Vestager also warns about the potential societal impact of AI on relationships and society. She advocates for universal governance on AI safety, even if compromises with disagreeable governments are necessary. Strategic investments in AI and clean tech, as well as the inclusion of trustworthy companies, are important for protecting political and economic interests. Additionally, Vestager criticizes Apple for attempting to bypass new EU regulations for "gatekeeper" tech companies.

According to Margrethe Vestager, the EU's top tech regulator, artificial intelligence (AI) is rapidly and disruptively shaping a "new world" similar to how atomic weapons did 80 years ago. Vestager warns that while both AI and nuclear weapons pose dangers to humanity, AI comes with additional individual risks as it is empowered to make significant decisions about various aspects of human life. She emphasizes the need to address individual existential threats first in order to better tackle existential threats to humanity as a whole. Vestager argues that humans have never before encountered a technology with such power and no clear purpose. Vestager believes that technology must serve humans and has been actively involved in implementing comprehensive tech regulations and enforcement actions against tech giants in the EU. She refutes the notion that these regulations hinder European innovators and economies, stating that the goal is to have people and businesses embrace technology.

She identifies Europe's biggest tech problem as companies struggling to scale due to factors such as an incomplete capital market and limited access to necessary chips and computing power for AI startups. Trust is a significant issue for AI companies, and Vestager suggests that governments can establish benchmarks while also advocating for the development of a red-teaming sector to ensure accountability. She emphasizes the importance of enforcing fairness and transparency rights in AI decision-making through rules. Vestager warns that large digital platforms challenge democracy, but general-purpose AI challenges humanity itself. She believes in the need for universal governance on AI safety, even if it means compromising with governments they fundamentally disagree with. Vestager sees the U. S. -EU Trade and Technology Council as a platform to generate ideas for other forums and emphasizes the swift implementation of the G7 code of conduct on AI through a common monitoring and evaluation system. She argues that democratic governments should invest strategically in fields like AI and clean tech while managing markets to include trustworthy companies. Vestager criticizes Apple for attempting to circumvent new EU rules for "gatekeeper" tech companies.


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