International top-shots will gather online on Tuesday to pass a new set of guidelines and regulations on artificial intelligence. As the title of The AI Seoul Summit suggests, this event will set out how best to address the tremendous opportunities present in AI while simultaneously managing the dangers associated with them.
The Summit is a sequel to the first AI Safety Summit, which took place in November of this year in the United Kingdom. In that meeting, the countries discussed cooperative measures to mitigate the “catastrophic” risks concerning the speedy development of AI facilities.
While Meta, OpenAI, and Google are introducing new AI models, we are still unaware of any future plans. South Korean President Yoon Suk Yeol and Britain’s Prime Minister Rishi Sunak will preside over the Virtual Summit, which will include leaders from the G7 nations, Australia, Singapore, the UN, the EU, and key AI companies.
Yoon and Sunak have highlighted this in the co-authored article ‘The Future of AI: Harnessing the Power of Technology for a Better World’ and maintained that since change remains incessant, efforts to address the issue should also up the ante.
At the UK meeting, there was a major concentration on safety, whereas, at the Seoul Summit, there was expandability in aspects such as innovation and inclusion. Specific topics have been identified to focus on the potential of Artificial Intelligence for positive impact as well as its potential for negative impact in the world.
The anticipated agreement will encapsulate the outcomes of deliberations across these three pillars: The main organizational values are reflected in safety, innovation, and information sharing and inclusion, respectively. I note it: companies will be required to show that they have considered and addressed risks more proactively, and this to a much greater extent.
With a number of nations and industries struggling with the accelerated integration of AI, this novel summit will transform the path to setting the building blocks for AI governance around the world. People across the globe hold their collective breath and wonder how policy makers and administrators worldwide will strike that delicate balance of growth and risk as this revolutionary advancement proceeds apace.
