BusinessPostCorner.com
No Result
View All Result
Sunday, April 26, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Microsoft’s Smith Calls for More Regulation of Artificial Intelligence

May 26, 2023
in Crypto News
Reading Time: 2 mins read
A A
0
Microsoft’s Smith Calls for More Regulation of Artificial Intelligence
ShareShareShareShareShare
Source: Adobe

Artificial intelligence (AI) may the “the most consequential” technological change in our lifetime, and governments now need to learn how to control it, according to Microsoft President Brad Smith.

Speaking at a panel discussion in Washington, D.C. on Thursday, Smith said that “government needs to move faster” to stay on top of the developments that are happening in AI.

And while Smith called for governments to step up, he also said that the private sector has a role to play in controlling how AI develops.

As part of the private sector’s role, Smith announced Microsoft’s “5-point blueprint for governing AI,” saying on Twitter that the firm’s aim is to bring the public and private sector together so that AI “serves all society.”

Meanwhile, in comments given to the New York Times, Smith suggested that the government should require companies that work on advanced AI models to obtain a license.

“That means you notify the government when you start testing,” Smith said, while adding that results from ongoing operations also should be shared with the government:

“You’ve got to share results with the government. Even when it’s licensed for deployment, you have a duty to continue to monitor it and report to the government if there are unexpected issues that arise.”

Still, Smith acknowledged that he and Microsoft, one of ChatGPT-maker OpenAI’s owners, don’t necessarily know what the past course of action is for the government.

“We don’t necessarily have the best information or the best answer, or we may not be the most credible speaker. But, you know, right now, especially in Washington D.C., people are looking for ideas,” he said.

According to some estimates, Microsoft has spent some $13 billion on backing OpenAI and on integrating the ChatGPT into its Bing search engine.

The comments from Microsoft’s President comes after more than 1,100 industry insiders in March signed an open letter asking governments to “pause giant AI experiments.”

“AI systems with human-competitive intelligence can pose profound risks to society and humanity,” the experts wrote in the letter, while calling for “all AI labs to immediately pause for at least 6 months the training of AI systems more powerful than GPT-4.”


Credit: Source link

ShareTweetSendPinShare
Previous Post

What’s a Marketing Audit? [+ How To Do One]

Next Post

Tips from Land O’Lakes’ CHRO

Next Post
Tips from Land O’Lakes’ CHRO

Tips from Land O'Lakes' CHRO

Trump’s own judge just sided against his asylum crackdown—White House blames ‘political lens’

Trump’s own judge just sided against his asylum crackdown—White House blames ‘political lens’

April 24, 2026
I lost my job to AI. Here’s why mass layoffs won’t transform your company

I lost my job to AI. Here’s why mass layoffs won’t transform your company

April 25, 2026
Arnault warns Middle East war could spiral into ‘global catastrophe’

Arnault warns Middle East war could spiral into ‘global catastrophe’

April 23, 2026
The hidden cost of tech regret HR leaders can prevent

The hidden cost of tech regret HR leaders can prevent

April 24, 2026
Intel CEO Lip Bu Tan crushed earnings targets on 1-year anniversary—We’re embracing ‘paranoid’ roots

Intel CEO Lip Bu Tan crushed earnings targets on 1-year anniversary—We’re embracing ‘paranoid’ roots

April 24, 2026
Firms need systemic approach to filter vendor hype

Firms need systemic approach to filter vendor hype

April 24, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

XRP Price Prediction: Ripple Conspiracy Theories and Broken NDAs

XRP Price Prediction: Ripple Conspiracy Theories and Broken NDAs

April 26, 2026
Suspect in DC dinner attack spent several years acquiring guns

Suspect in DC dinner attack spent several years acquiring guns

April 26, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!