The Impact of AI Regulation for the Future of Artificial Intelligence

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Artificial Intelligence technology has mounted, as the technology has adapted itself to every single facet of industries. There has been a widespread plea for AI regulation against artificial intelligence quite recently. It can mainly be attributed to the robust code and resources that artificial intelligence possesses, which has made it smartest, competent, and reliable than it has ever been. However, everybody isn’t on the same page when it comes to artificial intelligence. Many people want AI regulation, as they believe that the technology is very advanced and powerful.

Why is everyone Supporting AI regulation?

AI regulation has been a trending topic of debate among scientists, researchers, machine learning engineers, and software experts. Some people support AI regulation, as well as the people who are against it. The people who favor AI regulation genuinely believe that artificial intelligence is as powerful as it is frightening. The technical expertise that artificial intelligence brings to the table is unmatched by any other technology today. Facial recognition is one of the most powerful aspects of Artificial Intelligence that is creating a considerable amount of impact in the technology industry.

 Facial recognition would not exist like it does today, without artificial intelligence. The technology behind facial recognition is incredibly unique and unlike anything we have ever seen before. It is the primary reason why certain people are against artificial intelligence and argue for AI regulation. If powerful technology falls into the wrong hands, it can lead to disastrous consequences for everyone. Many people also advocate for AI regulation as it could potentially destroy real-world privacy along with online privacy.

How will be a World with AI regulation look like?

Artificial intelligence enthusiasts and supporters have been advocating against AI regulation, as they believe that the positives are much greater than the few negative aspects. Nevertheless, advocates of artificial intelligence against AI regulation have always oversold technology capabilities. Still, like any piece of software, it will eventually lead to undesirable outcomes in the long run. Many interesting novels and movies have talked about this idea, particularly “The Minority Report” by Philip K. Dick. It is essential to regulate certain aspects of artificial intelligence, such as facial recognition, but not AI as a whole, as it can hinder further development of this new-age technology. If AI regulation does become a reality, then people’s information will be secure from facial recognition’s harmful nature, but what else?

It causes more harm than good simply because artificial intelligence in other domains and industries will slow down and eventually cease to exist. One of the most prominent practical examples of this is in the transportation industry. We have utilized a form of artificial intelligence to count vehicles and significantly improve the overall traffic flow. Besides facial recognition, other aspects of artificial intelligence are problematic, such as deep fakes technology, potentially even more dangerous than Artificial Intelligence.

Deep fakes are genuine-looking images, videos, voice recordings that have been fabricated from scratch. The problem with having deep fakes is that you might believe a fake incident to be real, as they are very authentic. It is precisely why the first step towards AI regulation was taken with the Deep fakes Accountability Act was created to criminalize fake news or “synthetic media,” to kneecap the misuse of artificial intelligence in industries such as entertainment.

How to implement Artificial Intelligence Accurately?

If journalists, policymakers, and industry leaders drive the conversation, with an education-based focus, it is realistically possible to implement AI regulation. Artificial intelligence is not a specific technology but an excellent way of processing information, such as a wide range of innovations. It can be misleading or confusing to make the conversation more focused on a particular technology in question.

A regulation is essential to prevent specific issues associated with Artificial Intelligence technologies such as facial recognition. Various technologies have been constrained in the past as well, to prevent misuse from happening. Artificial Intelligence experts have helped illustrate the different use cases of AI and how it can be considered criminal. Facial recognition technology will need to be limited and regulated to protect our sense of individuality.

Summing Up

Artificial Intelligence is here to stay for a long time, as it is a brand-new technology that is developing rapidly. This state of the art technology is transforming day by day by developing transportation, trade, cryptocurrencies, finance, and marketing.  For a broad horizon and a brighter future to look forward to, limiting the wide-spanned scope of artificial intelligence with AI regulations is just not the way to go.

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