Microsoft is calling for regulations on AI to mitigate risks and promote ethical development
Microsoft advocates for increased regulation of the AI industry through their report ‘Governing AI: A Blueprint for the Future,’ emphasising the importance of shared responsibility, transparency, accountability, fairness, societal impact, and alignment with human values.
Microsoft is advocating for the implementation of guidelines and laws that govern the use of AI technologies. For that, Microsoft has released a 40-page report named ‘Governing AI: A Blueprint for the Future,’ advocating for increased regulation of the AI industry. Microsoft President Brad Smith highlights the importance of shared responsibility in implementing the necessary guardrails for AI. By advocating for AI regulations, Microsoft aims to establish a framework that promotes transparency, accountability, and fairness in AI systems. They emphasise the importance of considering societal impact and ensuring that AI technologies align with human values.
The tech company recognises the potential risks associated with AI, such as privacy concerns, bias in algorithms, and potential job displacement. They believe that regulations can help address these issues and ensure that AI is developed and deployed in an ethical and responsible manner.
The analysis in the report delves deeply into the following aspects:
Source: Microsoft’s report titled ‘Governing AI: A Blueprint for the Future.’