Tuesday, November 5, 2024

Leading AI firms pledge ‘responsible’ tech development – Latest News

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SEOUL

More than a dozen of the world’s leading artificial intelligence firms pledged at a global summit on Wednesday to develop and use their technology safely, as concern rises over the lack of safeguards for ChatGPT-style AI systems.

Fourteen companies, including South Korea’s Samsung Electronics, sprawling tech giant Naver and America’s Google and IBM, agreed on the final day of the Seoul summit to “minimize risks” as they push the cutting-edge field forward.

“We commit to continuing to advance research endeavors to promote responsible development of AI models,” they said in the Seoul AI Business Pledge.

The companies also promised to “minimize risks, and enable robust evaluations of capabilities and safety.”

The two-day summit, co-hosted by South Korea and Britain, gathered top officials from global AI companies such as OpenAI and Google DeepMind to find ways to ensure the safe use of the technology.

Their commitment builds on the consensus reached at the inaugural global AI safety summit at Bletchley Park in Britain last year.

Under their new pledge, the companies also agreed to help socially vulnerable people through AI technologies, although it gave no details on how this would be achieved.

Sixteen tech firms, including ChatGPT-maker OpenAI, Google DeepMind and Anthropic, also pledged on May 21 to make fresh safety commitments that included sharing how they assess the risks of their technology.

That includes what risks are “deemed intolerable” and what the firms will do to ensure that such thresholds are not crossed.

The stratospheric success of ChatGPT soon after its 2022 release sparked a gold rush in generative AI, with tech firms around the world pouring billions of dollars into developing their own models.

Such AI models can generate text, photos, audio and even video from simple prompts and its proponents have heralded them as breakthroughs that will improve lives and businesses around the world.

However, critics, rights activists and governments have warned that they can be misused in a wide variety of ways, including the manipulation of voters through fake news stories or “deepfake” pictures and videos of politicians.

Meanwhile, a PwC study published on May 21 said sectors exposed to AI are seeing rising productivity and faster growth in salaries, even as the technology provokes job insecurity concerns.

Skills which are easily transferable to AI, such as in finance or computer science, have seen “almost fivefold greater labour productivity growth”, the global consultancy said.

Job offers requiring AI skills are on the rise, at a rate 3.5 times faster than the average, according to the study of more than 500 million job offers in over 15 countries.

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