Why AI Firms Should Be Licensed by Government Agencies

The Growing Importance of Artificial Intelligence

Artificial Intelligence (AI) is a rapidly evolving field with a wide range of applications - from chatbots that can answer consumer queries to self-driving cars that can navigate complex roadways. In fact, some experts have predicted that the global AI market will reach $59.8 billion by 2025.

The Case for Licensing AI Firms by Government Agencies

In a recent interview with Business Insider, Sam Altman, CEO of OpenAI, argued that government agencies should be responsible for licensing AI firms. Altman believes that this process would help ensure that AI companies are operating in an ethical and safe manner.

Altman's argument is rooted in the fact that AI can have a significant impact on society. For example, an AI-powered system that helps determine whether a person is suitable for a job could be biased and lead to discrimination. Additionally, an AI system that controls a self-driving car could cause accidents if it is not properly designed and tested. These scenarios highlight the need for oversight and regulation of the AI industry.

One recent example of the need for regulation of the AI industry is the Boeing 737 Max aircraft. The aircraft was involved in two deadly crashes that were caused by a faulty automated system. While this incident was not directly related to AI, it highlights the potential dangers of complex automated systems that are not properly regulated.

Another example is the use of facial recognition technology by law enforcement agencies. This technology has been criticized for its potential to infringe on civil rights and its potential for bias. In order to address these concerns, some cities have banned the use of facial recognition technology altogether.

Conclusion

In conclusion, licensing AI firms by government agencies could have a number of benefits. By regulating the industry, governments can help ensure that AI companies are operating in an ethical and safe manner. Additionally, regulation can help address concerns around bias, discrimination, and privacy. Overall, licensing AI firms by government agencies could help establish a framework for the responsible development and use of AI.

• Reference URLS:
• https://www.businessinsider.com/sam-altman-says-a-government-agency-should-license-ai-firms-2019-4
• https://www.ft.com/content/84893a34-fc04-11e9-a354-36acbbb0d9b6
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• #GovernmentRegulation
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• Category: Technology