Generative AI

United

Galaxy

Safety

The House of Lords Communications and Digital Committee in the British parliament has warned that the United Kingdom’s approach to artificial intelligence&nbsp;has become too narrowly focused on AI safety and the threats the technology could pose rather than its benefits, posing a risk of losing out on the opportunities it offers.&nbsp;
In a <a href="https://publications.parliament.uk/pa/ld5804/ldselect/ldcomm/54/54.pdf" target="_blank" rel="noopener nofollow">report</a> on <a href="https://cointelegraph.com/top-people-in-crypto-and-blockchain-2023/artificial-intelligence">artificial intelligence (AI)</a> and large language models (LLMs), which power generative AI tools such as ChatGPT, the committee said the technology would produce era-defining changes comparable with the invention of the internet.
However, the committee warned that the U.K. needs to rebalance its approach and consider AI’s opportunities. Otherwise, the U.K. will lose its international influence and become strategically dependent on overseas tech firms for a technology that is expected to play a vital role in daily life in the years to come.
<blockquote class="twitter-tweet">
 Generative AI will introduce epoch-defining changes. A multi-billion dollar race is on to dominate the market. The UK must prepare quickly. Read our report. Press release: <a href="https://t.co/bXLwFa2BBy">https://t.co/bXLwFa2BBy</a> Interactive summary: <a href="https://t.co/O7Zt3hkGh2">https://t.co/O7Zt3hkGh2</a> <a href="https://t.co/agOfv06gYC">pic.twitter.com/agOfv06gYC</a>— Lords Communications and Digital Committee (@LordsCommsCom) <a href="https://twitter.com/LordsCommsCom/status/1753324908518482102?ref_src=twsrc%5Etfw">February 2, 2024</a>
</blockquote> 
In November 2023, the U.K. <a href="https://cointelegraph.com/news/uk-ai-safety-summit-bletchy-declartion-china-elon-musk">convened the first AI Safety Summit</a> at Bletchley Park. The summit focused on persistent AI risks, including its potential as an existential threat, role in advanced cyberattacks and susceptibility to misuse in developing biological or chemical weapons by malicious actors.
The committee’s report called for more significant support for AI startups, a boost for computing infrastructure, more work to improve digital skills and further exploration of the potential for an “in-house” sovereign U.K. LLM.
Related: <a href="https://cointelegraph.com/news/volkswagen-launches-artificial-intelligence-ai-company-prototype-vehicle-tech">Volkswagen launches new AI company to build prototype vehicle tech</a>
While highlighting the significant competition between developers of open and closed models in the AI sector, each striving for a regulatory framework that favors their interests, the committee recommended that the government should prioritize market competition as a key AI policy goal to prevent undue influence by any party.
Additionally, the committee document recommended supporting copyright, even if it requires new laws. The government should empower content owners to verify their data is used appropriately and invest in extensive, <a href="https://cointelegraph.com/news/5-free-dataset-sources">high-quality training data sets</a>&nbsp;to encourage tech firms to use licensed material.
The document stated the need for the U.K. government to support effective regulatory oversight. It says the immediate priority should be to develop accredited standards and common auditing methods at a pace that ensures responsible innovation, supports business adoption and enables meaningful regulatory oversight.
Magazine: <a href="https://cointelegraph.com/magazine/agi-long-time-galaxy-ai-100m-phones-crypto-ai-token-picks-ai-eye/">Crypto+AI token picks, AGI will take ‘a long time’, Galaxy AI to 100M phones: AI Eye</a>

UK risks losing AI race amid safety-over-opportunity approach

Cointelegraph

Other articles published on Feb 2, 2024

Andrew Tate announces crypto project on X (Twitter), deletes tweet amidst controversy

Sei to Become Top L1? Ambition Revealed in Co-founder Interview

Comedy Icon Larry David Says He Was an ‘Idiot’ For Taking Part in FTX Super Bowl Ad

Best Crypto to Buy Now February 2 – Synthetix, Kaspa, Stacks

A Minor Bullish Push May Push the Chainlink Price Beyond $25: Are the LINK Marines Prepared for t...

What to Make of Shiba Inu’s (SHIB) Bearish Price Pattern?

Join our free newsletter for daily crypto updates!