The tricky business of regulating AI

Jun 04, 2019, 8:00 AM EDT
(Source: Junpei Abe/flickr)
(Source: Junpei Abe/flickr)

The governments and legal systems around the globe are finding themselves miserably behind the curve when it comes to regulating artificial intelligence (AI), machine learning, and other fast-paced technologies.

The legislators are faced with three key challenges in bridling AI development: who will regulate a technology when lawmakers lack the basic understanding of the concepts that drive it, how do regulations adapt to the lighting pace of AI development, and how to keep a check without snuffing out innovation.

Brendan McCord, an advisor to the U.S. Department of Defense, believes that the leading companies building the AI systems should join forces to formulate regulations and codify them for others to follow suit, notes MIT Technology Review. The strategy could be a double-edged sword though if profits take precedence over public interest.

Also, history suggests that this form of self-regulation comes into play only when the companies are cornered by governments or courts. Interestingly, we may wind up at a point in the near future when regulating AI may be impossible, notes Forbes.