How should policymakers deal with the numerous concerns raised by artificial intelligence’s introduction into society? The question is: How should policymakers deal with the concerns that arise from the introduction of artificial intelligent into society? Center for Data Innovation The report that CDI released on Monday provides some answers.
The 56-page report focuses on over two dozen AI concerns, with each issue accompanied by a brief description and, if necessary, a policy recommendation.
Concerns are grouped around a octet: privacy and workforce, market, consumer, catastrophic scenarios and intellectual property.
Hodan Omaar & Daniel Castro, authors of the report, wrote: “Some concerns may be legitimate but others not.”
The report continued: “Some need immediate regulatory response, but most don’t.” “A few regulations are required to address AI in particular, but the majority do not.”
The authors added: “Identifying the concerns that warrant a response and determining what type of policy action is required to tackle the real AI challenges, it’s important to create targeted, effective, and efficient policies. This will help avoid unnecessary regulatory burdens which stifle innovations.”
The report was released shortly after the “Roadmap to Artificial Intelligence Policy” in the United States Senate, a report of 31 pages that laid out key priorities and made recommendations for Senate Committees as they developed AI legislation and regulation.
Omaar said TechNewsWorld that “the United States is on track with the roadmap, released by the Senate, last week. But to translate the general guidelines into action, policymakers will need to be more selective in what types of legislation are put forward, to address the different risks.”
No mass unemployment is in Sight
AI can cause mass unemployment. The report played down that development.
The report argued that AI may cause changes in the work people perform and disruptions but that the economy has mechanisms and institutional arrangements to adapt and maintain overall levels of employment as long policymakers successfully manage these transitions. AI’s challenge is not mass unemployment, but a greater level of worker transition.
The report concluded that policymakers should not focus on the concerns of mass unemployment due to traditional AI adoption, because economic evidence doesn’t support this.
Mark N. Vena is president and principal analyst at SmartTech Research San Jose, Calif.
He told TechNewsWorld that “studies indicate that, while AI and automation can displace some jobs, they create new opportunities and demand different skills. This often leads to job transformation, rather than elimination.” “Historical trends indicate that technological advances tend to increase economic growth and productivity, which generates new jobs and industries.”
He said that AI is expected to create 97,000,000 new jobs by 2025. This would be more than the 85,000,000 jobs it could displace.
Opening Up AI-Driven Careers
Michael Hasse, a Seattle-based technology and cybersecurity consultant, agreed with the CDI that AI will have a positive influence on employment. However, she did not agree with their hands-off approach to policymakers.
“As we move forward, however, we must assume AI will continue evolving and expanding in capability and quality. It may be able, indeed, to replace certain forms or work,” he said to TechNewsWorld. “However there are also vast expanses of opportunities being opened as a consequence.”
He added that, “in the long run, as with the steam engines, electricity or any other modern marvels which had similar warnings,” we would see a gradual transition of affected workers to new careers. This is where government oversight and support could be useful, but the exact form is still to be determined.
Brian Prince, CEO and founder of Top AI ToolsTechNewsWorld spoke with him about the existence of entire careers in Boca Raton.
He said that it’s likely that AI won’t replace most people. “But they may be replaced by someone who knows how AI can help them work smarter and not harder.”
Irina Tukerman, President of the Association for Artificial Intelligence (AI), said: “We must push for early education in AI and skills-based learning.” Scarab RisingStratford is home to a firm providing actionable analytical services.
She told TechNewsWorld: “In this way, people who don’t know AI functions will not be at a competitive disadvantage as AI is increasingly integrated into processes and companies.” People who are familiar with AI basics will be at a distinct advantage. It doesn’t necessarily have to be AI-related jobs, but workers must understand how their job functions are changing as AI develops.
AI Job Shuffle
Rob Enderle is the president and principal analyst at The Enderle GroupAn advisory firm in Bend, Ore., says that the AI job displacement cycle is different than those of previous technology cycles.
According to TechNewsWorld, “Projects such as Devin, an automated software engineer, or the creation of fully automated restaurants and autonomous long-haul vehicles indicate that AI is primarily used to fill vacant jobs.”
Enderle said, “But the category of jobs that is most unfilled are new jobs being created by AI.” This means, unlike previous industrial revolutions we aren’t only eliminating existing jobs, but also preventing new job openings from being created because they will be filled with AI.
“The resulting level of unemploymentHe added that if the problem is not addressed by increasing the competitiveness of people with machines, it could be a crisis for governments.
Natalia Fritzen, AI policy and compliance expert with Sumsub, an international identity verification company.
“We’ve seen multiple cases of what can happen without regulation — the misuse of deepfakes, widespread disinformation, leaked highly sensitive information — so governments must take the necessary measures to strengthen AI regulation for a more secure path forward,” she told TechNewsWorld.
The Center for Data Innovation released its report “Picking Right Policy Solutions for AI concerns” available for download. There is no need to fill out any forms.
