Europe’s new Artificial Intelligence Act can demand AI models are retrained and deleted
WHY THIS MATTERS IN BRIEF Regulating AI, which is often seen as a black box is at best incredibly difficult and at worst impossible especially as we see AI’s spontaneously evolve as we have several times now. But it needs to be regulated. Love the Exponential Future? Join our...
China’s infamous Social Credit system is now coming for businesses
WHY THIS MATTERS IN BRIEF If companies want to do business in China they’re going to have to play by China’s rules, and that could be an ominous task for many of them. Interested in the Exponential Future? Connect, download a free E-Book, watch a keynote, or browse my blog. A while ago I...
Two algorithms left to their own devices ended up colluding with one another
WHY THIS MATTERS IN BRIEF It’s nearly impossible to predict the impact that competing, or even collaborating, algorithms will have on business, and as our society depends on them more, that’s a problem. Last year Facebook’s Artificial Intelligence (AI) agents made up their own language to talk to one...
MIT’s new neural network can explain its decisions
WHY THIS MATTERS IN BRIEF As AI gets more deeply embedded into the world’s digital fabric, in everything from self-driving cars to high frequency stock trading, it’s crucial we know how it makes its decisions. A child is presented with a picture of various shapes and is asked to...
US proposes to regulate AI the same way it regulates weapons exports
WHY THIS MATTERS IN BRIEF AI can be both very beneficial, but also in the wrong hand very dangerous, and the US is thinking about regulating it in the same way they regulate military hardware. Artificial Intelligence (AI) technology has the capability to be one of, if not the,...
The UK FCA could become the world’s first AI robo-regulator
WHY THIS MATTERS IN BRIEF The level of regulation is already a major burden on companies, a robo-regulator could automate compliance, lighten the load, reduce costs, and even identify crime before it happens. A little while ago I wrote an article highlighting a point made by the UK’s Chancellor...
Futurist Keynote, Antwerp: Investing in the Future, Infosys Finacle
WHY THIS MATTERS IN BRIEF As the pace of change continues to accelerate many companies find keeping up with it a daunting prospect, and it’s no less of an issue for the financial services community. Firstly, thank you to Bharadwaj and the team for inviting me to be this...
Suspicious nuclear power plants can now be monitored remotely using WATCHMAN
WHY THIS MATTERS IN BRIEF Up until now it’s only been possible to assess the status of a sovereign states nuclear power program by physically inspecting the site, which is sometimes difficult, but now it can be done remotely from thousands of miles away. A consortium led by UK...
Experts believe AI will be used to hijack brain machine interfaces, form consortium
WHY THIS MATTERS IN BRIEF As brain machine interfaces become more capable, and as their use cases and adoption broaden, experts are worried that regulators will leave it to late to protect people from bad actors and misuse. Ever since Tesla CEO and founder Elon Musk announced his plans...
The UN is going to debate banning killer robots
WHY THIS MATTERS IN BRIEF The increasing weaponisation and automation of new, advanced technologies such as artificial intelligence, drones and robots has the UN worried, now it wants a debate about banning them before it’s too late. This week the UN announced that next year over 100 nations who are...
Gates, Hawking and Musk and thousands more warn against the dangers of AI
WHY THIS MATTERS IN BRIEF The research, development and weaponisation of AI has made experts uneasy about its impact on humanity’s future, by voicing their concerns they hope to prompt a global debate on the future development, proliferation and regulation of lethal, autonomous weapons systems. Over a thousand high...
