The Vice Chair of Microsoft, emphasised the need to create a regulatory blueprint by governments and private sectors around the world while speaking at a session on ‘AI for Business and Societies: Opportunities and Regulations’
Microsoft’s President Brad Smith called for a “regulatory blueprint” that will require action at the private sector, national, and global levels and asserted the need for “real clarity” around the goals and principles of AI regulation on Friday.
He said that people want to be confident that this new technology, AI, will remain under human control.
“They have seen too many science fiction movies that turned out the other way. And as we are creating what feels like part of science fiction, we need companies and regulators to focus on that,” Smith said at the B20 Summit India 2023.
Smith, who is also the Vice Chair of Microsoft, emphasised the need to create a regulatory blueprint by governments and private sectors around the world while speaking at a session on ‘AI for Business and Societies: Opportunities and Regulations’.
“That means some of these principles will get applied at the application layer, some at the model layer, and some at the cloud or data centre layer,” he said.
“That blueprint will have to be implemented in part by ensuring that those who are using AI in business need to know who their customers are and how it is being used.”
“It means that there is real focus on knowing what cloud it is being deployed on and on knowing the content that is being created, especially if it is being created by AI,” he said.
Including creating standards at national and global levels, this “regulatory blueprint” will require action at the private sector level, Smith said, adding “we will have to figure out how they connect with each other.”
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