In a recent video interview, Brad Smith, the vice-chair and president of Microsoft, discussed several critical aspects of artificial intelligence (AI), including data protection laws, AI”s potential, regulation, and the role of governments in shaping AI”s future. Here are the key points from the interview:
India”s Data Protection Law: Brad Smith expressed positivity regarding India”s data protection law, emphasising its recognition of data processors and data fiduciaries. He commended India for providing legal protection while allowing data to move across borders, a critical feature in today”s interconnected world.
Read: Business Transformation: The Synergy Of AI, Edge Computing, And IoT
AI as an Opportunity: Smith believes that AI presents a remarkable opportunity to benefit the world, potentially surpassing any other technology in history. However, he stressed the immense responsibility that comes with developing AI wisely to avoid long-term negative consequences.
Human Control of AI: One of the significant concerns surrounding AI is whether it will remain under human control or develop its consciousness and decision-making abilities. Smith reassured that Microsoft is dedicated to the principle that AI should always serve as a tool under human control, addressing this concern.
Pace of AI Development: Smith acknowledged concerns about tech companies moving too quickly in developing and deploying AI products. He clarified that Microsoft takes a measured approach, gating the number of users initially to gain real-world experience and ensure responsible development.
Recommendations for AI Regulation in India: Smith offered two recommendations for India as it embarks on AI regulation:
- First, build upon existing laws and regulations, especially those to consumer protection and preventing unlawful discrimination.
- Second, prioritise innovation while collaborating with other countries, possibly through a voluntary code of conduct, before attempting to adopt new AI laws and regulations.
Timeline for AI Regulations: Smith predicted that while not all AI rules and laws may be finalised by 2023, global conversations on AI regulation are progressing rapidly. Over the next 12 to 18 months, it is expected that a set of AI- laws will become increasingly possible, addressing various issues, including safety measures for AI-controlled critical infrastructure.
US Congress and AI Concerns: Smith shared that US policymakers, particularly in Congress, approach AI with a balanced perspective. They want to learn before taking action and aim to make AI a non-partisan, collaborative effort. Efforts are underway in the Senate to bring people together to address AI- matters.
Global Protectionism and AI: Smith observed a trend towards protectionism among governments, especially after the pandemic. Governments are keen on asserting control over global supply chains and achieving a consensus on AI. He emphasised the opportunity for like-minded countries to work together, leveraging shared values and interests in promoting trade and investment.
Brad Smith”s insights highlight the potential of AI as a force for good while underscoring the need for responsible development and regulation. Collaboration between governments, companies, and nations with shared values is seen as essential in navigating the complexities of the evolving AI landscape.