Ex Google CEO Eric Schmidt wants AI regulation left up to Big Tech

Eric Schmidt, the former CEO of Google, argued that governments currently lack the expertise to adequately regulate AI, and that job is best left to Big Tech.

AI is expected to revolutionize productivity by introducing advanced assistants like ChatGPT and Midjourney, which could put 300 million knowledge sector workers out of work according to Goldman Sachs.

However, the tech community is divided over how best to contain the risks, with Elon Musk pushing to delay next-generation AI research while Bill Gates opposing it.

He speaks to NBC Meet the pressSchmidt believes that no one outside the industry can be knowledgeable enough about the technology to determine what the “reasonable limits” of AI should be or where they should be placed.

“What worries me about any kind of early regulation, especially from government, is that it is always written in a restrictive way,” Schmidt said in the comments. Broadcast on Sunday. “The best thing I do is get an agreement between the major players that we’re not going to have a race to the bottom.”

Schmidt wasn’t just familiar with technology during his time Google Playone of the leaders in this field along with Sam Altman’s OpenAI, Microsoft, IBM and China’s Baidu.

He also served as chair of the National Security Committee on Artificial Intelligence, which she recommended Final report for the month of March 2021 The United States is making a “modest down payment” of $40 billion for technology development.

American officials gather Comments from the audience on how best to regulate artificial intelligence through 10 JuneyBy this point Europe may have refined its plans as well.

“The key issue from my point of view is how do we put firewalls on the worst behavior and how do we get international agreement on what those things are,” said Schmitt.

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