What about businesses? A Frontier Model Forum was established in July 2023 by four businesses in anticipation of the government’s move to regulate AI development and deployment. In order to manage AI-related risks, the White House obtained voluntary commitments from fifteen leading AI companies.
While the transformative potential of AI is being acknowledged, legitimate questions are being asked about the significant risks of AI. These questions range from the more pessimistic AI that poses an existential threat to humanity to real societal harms like biases (computational and statistical source bias in addition to human and systemic biases), data privacy, discrimination, disinformation, meddling in democratic processes like elections, fraud, deep fakes, worker displacement, AI monopolies, and a threat to national security.
Be that as it may, the unavoidable issues is whether controlling AI is conceivable? To respond, we must comprehend what AI is. Although there isn’t a single definition, most people agree that artificial intelligence (AI) is the use of computer systems to carry out tasks similar to those of intelligent beings.
A lot of the talk about AI is really about the AI Model, which is made up of data and logic. The algorithm can work with different levels of autonomy and produce probabilities, predictions, or decisions as results.