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Harnessing AI’s Potential for Good: Ensuring Regulatory Oversight


A recent edition of Euronews Debates focused on the governance of artificial intelligence (AI) and its economic and social impact, highlighting the geographical concentration of AI benefits primarily in the Global North. The panel of experts discussed the importance of regulating AI to ensure it is used for good and countered potential dangers such as misinformation, weapon development, and economic inequality.

The panel included experts like Yi Zeng from the Beijing Academy of Sciences, who highlighted the potential of AI in biodiversity conservation and healthcare. However, concerns were raised about the use of AI in warfare and the need for global regulation to prevent misuse of the technology.

Governments around the world are working on regulations for AI, with the EU, US, and China all developing their own rules. The United Nations recently published a report with recommendations for AI governance, including the establishment of an AI fund for developing nations.

The debate also touched upon the dominance of Big Tech companies in the AI sector, raising concerns about the global economic divide. Open source AI was proposed as a solution to create a fairer system, allowing for the modification and sharing of AI models to enable innovation and participation from less developed countries.

Overall, the panel emphasized the need for proper regulation, global cooperation, and the potential of open source AI to ensure that AI is used for the benefit of all and to avoid widening economic disparities.

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Photo credit www.euronews.com

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