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Home BREAKING NEWS

Meta’s Nick Clegg Compares AI’s “Moral Panic” to Past Fears Over Video Games and the Internet

BlockNews.com Team by BlockNews.com Team
November 1, 2023
in BREAKING NEWS, BUSINESS, TECHNOLOGY
Reading Time: 3 mins read
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  • Clegg compares current AI hype to 1980s video game panic and warns against overregulation stifling innovation
  • AI summit aims to kickstart international regulation, but faces skepticism from Clegg about overreach
  • Experts argue current AI methods are unsafe, while Clegg worries regulation will hinder entrepreneurs

The artificial intelligence (AI) field is experiencing a period of great hype and polarized opinions according to Nick Clegg, Meta’s president of global affairs. As politicians and regulators gather to discuss regulating AI, Clegg warns that new technologies often inspire excessive optimism and pessimism.

🚨 AI: @Meta's President of Global Affairs Nick Clegg likens AI concerns to past "moral panics" over new technologies.

Clegg reminded attendees at the Bletchley Park AI Summit of past fears over video games and the internet.

Do you think this time is different? pic.twitter.com/FHbM6S9n8V

— BlockNews.com (@blocknewsdotcom) November 1, 2023

Clegg’s Comments Signal Potential Resistance to Regulation

Clegg compared the current clamour over AI to the moral panic over video games in the 1980s. He stated that predictions about revolutionary AI often fail to materialize. Clegg’s comments suggest that attempts to regulate AI may face resistance from major tech companies like Meta.

AI Summit Aims to Kickstart International Regulatory Process

British officials hope the summit at Bletchley Park will kickstart an international regulatory process like efforts to combat climate change. Attendees include Elon Musk and European Commission president Ursula von der Leyen. The summit will focus on risks like biased AI and using AI for disinformation.

Experts Warn Current AI Approaches are Unsafe

Some experts warn that advanced AI could evade human control and threaten humanity. Stuart Russell stated that making AI safe after it’s built doesn’t work. Connor Leahy said private AI companies are running a deadly experiment without consent. The UK government wants to persuade AI developers to slow their efforts.

Clegg Worries About State Overreach

Clegg worries about too much state regulation of AI innovation and entrepreneurs. He believes innovators should be allowed to develop technologies without assuming existential risk. Clegg’s skepticism about regulatory overreach could make progress difficult.

Conclusion

The AI summit faces challenges balancing innovation and risk mitigation. Clegg believes the field is hyped but warns against stifling entrepreneurs. Experts argue current methods are unsafe. Finding common ground between tech optimism and caution will be key.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: AIBusinessMetaMetaAIWeb3
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BlockNews.com Team

BlockNews.com Team

The go-to news source for Cryptocurrency, Blockchain, Technology, & Finance

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