Top AI companies commit to ethical technology development

Tech giants from around the world came together in Seoul for a two-day AI summit, where they pledged to work collaboratively to address the potential dangers of artificial intelligence. Companies like Samsung Electronics and Google, along with government representatives, vowed to “minimize risks” and develop AI models responsibly.

The commitment, known as the Seoul AI Business Pledge, builds on previous agreements reached at global AI safety summits. Companies like OpenAI and Google DeepMind promised to share how they assess the risks of their technology and ensure that certain thresholds are not crossed.

However, experts warn that regulating AI is a significant challenge due to the rapid pace of development in the sector. Markus Anderljung, from the Centre for the Governance of AI, emphasized the need for a joint understanding of the risks posed by advanced AI models.

The success of ChatGPT, a generative AI model released in 2022, has led to a surge in investment in AI development worldwide. While AI models have the potential to revolutionize various industries, concerns have been raised about their misuse, including the spread of fake news and deepfake content.

Calls for international standards to govern the development and use of AI have grown louder. Rumman Chowdhury, an AI ethics expert, highlighted the need for global cooperation to address the ethical and societal implications of AI, including issues of inequality within the sector.

As the pace of AI development accelerates, stakeholders at the summit emphasized the importance of balancing innovation with risk mitigation. The next AI summit in France will provide further opportunities to explore and evaluate new technologies while ensuring that society as a whole remains resilient to the risks posed by AI.