AI Regulation: What's going on?

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Here’s what we’re serving today:

• AI Regulation: What's going on?
• The future of EV batteries? Sodium
• Cruise(Out of)Control
• An expensive deal for Ford
• Apple's Patent Pulse Ban

AI Regulation: What's going on?

In Short: World leaders and tech bosses meet in the UK on 1 November to chat about AI and how to not let it become the ultimate villain in a sci-fi blockbuster.

Here's all you need to know.

Picture this: a historical English house that hosted Alan Turing during WWII is now hosting world leaders to chat about... AI safety. Sounds a bit like someone decided to mix a history documentary with Black Mirror.

This "AI Safety Summit" is about making sure AI doesn’t decide one day to lock us out of our own Netflix accounts (or, you know, more catastrophic things).

From Brussels to Beijing, and Uncle Sam to Auntie EU, everyone's scrambling to put some rules on this AI wild child. But while everyone’s super keen, they're also super confused on the "how" part.

The Big Questions is What should we even regulate? Should it be the AI models or what they do?

While there's some back and forth on if we should keep an eye on the tiger or its activities, the big fear is that if we go overboard with the rules, we might stifle innovation. And nobody wants to be the party pooper.

Two key risks they’ll discuss at the Summit are:

1. Misuse risks, for example where a bad actor is aided by new AI capabilities in biological or cyber-attacks, development of dangerous technologies, or critical system interference. Unchecked, this could create significant harm, including the loss of life.
2. Loss of control risks risks that could emerge from advanced systems.

👀 Keep your eyes peeled for our next Deep Dive as it will be on AI Regulation.

⚖️ How does this impact Law Firms?