How regulators are mitigating the risk of extinction from AI: Law Decoded, May 29–June 5
The lively discussion around artificial intelligence (AI) continues. Last week, dozens of AI experts — including the CEOs of OpenAI, Google DeepMind and Anthropic — signed an open statement with a single sentence: “Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war.”
Despite the ominous statement, there is no shortage of regulatory efforts to mitigate the negative impacts of AI. In China, the “improvement of governance” in digital data and AI is being discussed by President Xi Jinping and prominent members of the Communist party. The Australian government has announced a sudden eight-week consultation that will seek to understand whether any “high-risk” AI tools should be banned.
Italian Senator Marco Lombardo found a creative way to join the discussion by performing a speech entirely composed by OpenAI’s ChatGPT-4. He also trained the chatbot with the draft law of the Italian-Swiss agreement on cross-border workers, which was the topic of the meeting, along with other recent developments on the subject.
In Japan, the government’s AI strategy council blows the whistle on the lack of laws protecting copyright from AI. The Personal Information Protection Commission has demanded OpenAI minimize the sensitive data it collects for machine learning purposes. Previously, local politicians voiced support for AI, with Chief Cabinet Secretary Hirokazu Matsuno even saying Japan would consider incorporating AI technology into government systems.
Employees of Trust Reserve — the issuer of the Chinese yuan-pegged stablecoin CNH Coin (CNHC) — have been detained by Chinese police. The company’s office in Pudong, Shanghai, was empty as of May 31. The
Read more on cointelegraph.com
