US Vice President Kamala Harris will meet with the CEOs of four major companies, Alphabet, Anthropic, Microsoft, and OpenAI, developing AI as the Biden administration rolls out new initiatives to ensure the technology will improve the lives of people without putting their lives at risk.
They plan to discuss the risks in current AI development by conveying to these companies that they have an important role in reducing the risks and that they can work together with the government.
It can be recalled that last month, President Joe Biden noted that AI could help address disease and climate change. Still, it could harm national security and destabilize the economy.
A Significant Investment
The administration also plans to announce an investment of $140 million that will be used to set up seven new AI research institutes, as reported by APNews.
The White House Office of Management and Budget is also expected to issue guidance in the next few months on how federal agencies can use AI tools. Top AI developers will also be asked for a commitment to participate in a public evaluation of their systems in August at the Las Vegas hacker convention DEF CON.
Read also: Kamala Harris: 'Tyre Nichols Should Have Been Safe'
AI Today
Artificial intelligence (AI) is already used in various industries, such as healthcare, finance, and transportation. It can potentially revolutionize how we work and live, but it also raises concerns about job displacement and ethical issues. As such, developing and implementing AI responsibly and transparently is important.
The use of AI is expected to continue to grow in the coming years, with more companies and organizations incorporating it into their operations. This will likely increase demand for AI experts and professionals who can develop and maintain these systems.
In the long term, AI has the potential to transform society and create new opportunities for economic growth and societal progress. However, ensuring that ethical principles and considerations guide its development and use is important.
One of the major benefits of AI is its ability to analyze large amounts of data quickly and accurately. This can be particularly useful in healthcare, where AI algorithms can help doctors diagnose diseases more effectively and efficiently. In finance, AI-powered systems are already used for fraud detection and risk management.
However, there are also concerns about job displacement as automation becomes increasingly prevalent. Some estimates suggest that up to 47% of jobs could become automated within the next few decades. It will be important for businesses and governments to prepare workers for this shift by investing in training programs and education initiatives.
Another area where ethical considerations come into play is bias in AI algorithms. If these systems are trained on biased or incomplete data sets, they may perpetuate existing inequalities or discrimination against certain groups of people. As such, developers must take steps toward ensuring transparency around how their models were developed so that any potential biases can be identified early on.
Overall though, despite some challenges associated with its implementation - artificial intelligence has enormous potential when deployed responsibly- including improved efficiency across industries from manufacturing through logistics, better decision-making capabilities based on real-time insights gleaned from vast amounts of datasets; increased access to health care services thanks predictive analytics tools which aid diagnoses while reducing costs associated traditional lab tests....the list goes on!
Related article: US Vice Pres. Kamala Harris Adds Korean Demilitarized Zone in Her Itinerary Despite Nuclear Threat From North Korea
