Microsoft CEO Satya Nadella says global consensus on AI is emerging

Technology
Tuesday, January 16th, 2024 7:17 pm EDT

Key Points

  • Global Consensus on AI Regulation: Microsoft CEO Satya Nadella highlighted the emergence of a global consensus on artificial intelligence (AI) regulation during his speech at the World Economic Forum. He acknowledged that while regulatory approaches may differ across jurisdictions, countries are engaging in similar discussions about AI.
  • Need for Global Coordination: Nadella stressed the necessity for global coordination on AI regulations and the establishment of standards and guardrails for the technology. He expressed the desirability of a global regulatory approach, considering AI as a global challenge that requires common norms and standards for effective containment and enforcement.
  • Microsoft’s Role and AI Investment: Microsoft, a major player in AI development, has invested significantly in OpenAI, the company behind the popular AI chatbot ChatGPT. The tech giant has contributed billions of dollars to OpenAI since 2019, integrating its technology into various Microsoft products. Nadella emphasized the importance of rigorous evaluations and risk-based assessments for deploying AI, especially in sectors like healthcare and financial services. The push for global AI standards comes amid concerns about potential job displacement and electoral disruptions due to AI advancements. Last year, world leaders at an AI safety summit in the U.K. agreed on a landmark declaration to collaborate on global standards and frameworks for the safe development of AI.

Microsoft CEO Satya Nadella, speaking at the World Economic Forum in Davos, expressed the need for global coordination and consensus on artificial intelligence (AI) regulations. Nadella acknowledged that while regulatory approaches may differ across jurisdictions, there is a growing global consensus on how to address the challenges posed by AI. He emphasized the importance of establishing global norms and standards to effectively contain and enforce regulations on AI technologies. Microsoft, a major player in AI development, has invested billions of dollars in OpenAI, the company behind the popular AI chatbot ChatGPT. Nadella highlighted the necessity of rigorous evaluations, red teaming, and safety guardrails before launching new AI applications, especially large language models. He suggested applying risk-based assessments to deploy AI technology in specific sectors such as healthcare and financial services, tailoring regulations accordingly. Nadella expressed optimism about building consensus and norms by focusing on sector-specific safeguards, even though the creation of a global AI agency for coordination remains uncertain. The push for global standards in AI regulation reflects concerns about potential job displacement and electoral disruptions due to AI advancements. Last year, world leaders at an AI safety summit in the U.K. agreed on a landmark declaration to collaborate on global standards and frameworks for the safe development of AI.

For the full original article on CNBC, please click here: https://www.cnbc.com/2024/01/16/microsoft-ceo-satya-nadella-says-global-consensus-on-ai-is-emerging.html