The UK is preparing for the artificial intelligence revolution by seeking to be a leader in the ethics of AI according to a report published by the House of Lords. This is a strategic approach to remain a key player in AI without being able to match the investments of other world powers. According to Goldman Sachs between 2012 and 2016, the US invested $18.2 billion in AI, and China invested $2.6 billion. These investments tower over the UK’s 850 million-dollar investment during the same period. The Select Committee on Artificial Intelligence’s report, AI in the UK: Ready, Willing, Able? contained this code of ethics that they hope will be adopted across the globe:
The UK believes they can add value to the AI community without simply pouring money into the industry. The chairman of the committee that published the report Timothy Clement-Jones, stated that “the UK has a unique opportunity to shape AI positively for the public’s benefit and to lead the international community in AI’s ethical development, rather than passively accept its consequences”. The report went on to suggest that the UK is planning on holding a global summit for AI in which world powers could gather and create a more complete moral guideline for AI. It is important to develop this framework quickly to prevent potential crisis from happening. Also, if a clear ethical framework is developed, the general public will feel more comfortable allowing AI to become an increased part of their daily lives. It is clear that the UK can remain a key player in the AI revolution without excess funding.
Written by John Martin & Edited by Rachel Weissman, Jack Vasquez & Alexander Fleiss
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