- Toby Walsh emphasizes the urgent need for AI regulation to ensure public good.
- He argues against the outdated belief that regulation stifles innovation.
- Key areas needing regulation include data privacy, algorithmic bias, and election interference.
Amidst the excitement over artificial intelligence, AI expert Toby Walsh stresses the crucial need for regulation. He argues that the outdated belief that regulation stifles innovation must be reconsidered. Walsh highlights the growing realization among politicians that AI should be regulated to align with the public good.
In an interview with Tech Today’s Aayush Ailawadi, Walsh warned against letting AI development be driven solely by the profit motives of a few Silicon Valley voices. He emphasized the need for a more inclusive approach, ensuring AI benefits everyone, not just the wealthy. “We must ensure that AI lifts all boats, not just the billionaire’s boat,” Walsh said.
Walsh identifies key areas needing immediate regulatory attention, such as data privacy, algorithmic bias, and election interference. He calls for suitable “goalposts and guardrails” to be established, ensuring AI benefits humanity as a whole. Governments, tech companies, and civil society must collaborate to create adaptable legal frameworks and ethical guidelines for AI development and deployment.
