Microsoft's chief scientist, Dr. Eric Horvitz, warns that a proposed ban by Donald Trump on state-level regulations of artificial intelligence could hinder progress rather than accelerate it.
The Trump administration aims to implement a 10-year ban on US states from creating laws restricting or regulating AI models, systems, or decision-making systems.
Concerns are raised over China potentially leading the race to human-level AI, prompting the proposed ban.
Horvitz emphasizes the importance of regulation to address issues like misinformation, inappropriate persuasion, and malevolent activities leveraging AI technology.
Microsoft is part of a lobbying effort supported by other tech giants to enact a decade-long moratorium on state-level AI regulation.
Horvitz stresses that guidance, regulation, and reliability controls are essential for advancing AI and ensuring faster progress in the field.
There is debate surrounding the risks of unregulated AI development, with concerns about catastrophic outcomes due to prioritizing short-term profit over safety.
Microsoft has a significant investment in OpenAI and is working towards achieving human-level artificial general intelligence (AGI).
Predictions vary on when AGI will be achieved, with estimates ranging from a few years to decades.
The Meta chief scientist believes AGI could be decades away, while Mark Zuckerberg announced a $15bn investment to strive for 'superintelligence'.