Opinion by: Merav Ozair, Phd
Technology progresses more than ever at the speed of light. We have exceeded Moore’s law – double calculation power every six months rather than every two years – while the regulations are and have been, play a catch -up.
The artificial EU Intelligence Act has just come into force in August 2024 and is already late. He did not consider AI agents And still fights with generative models of AI (Genai) and the Foundation. Article 28B was added to the law in June 2023 after the launch of Chatgpt at the end of 2022 and the development of chatbot deployments. It was not on their radar when the legislators initially drafted the act in April 2021.
As we progress more in robotics and the use of virtual reality devices, a “new paradigm of AI architectures” will be developedAddress the limits of the Genai to create robots and virtual devices that can reason the world, unlike Genai models. Maybe spending time writing a new article on Genai was not a long time.
In addition, technological regulations are quite dichotomized. There are regulations on AI, such as the AI EU law; Web3, like cryptocurrency markets; and the security of digital information, such as the EU cybersecurity law and the Digital Operational Resilience Act.
This dichotomy is heavy for users and companies to follow. In addition, it does not correspond to how solutions and products are developed. Each solution incorporates many technologies, while each technological component has separate regulations.
It may be time to reconsider the way we adjust technology.
A complete approach
Technological companies have pushed the limits with advanced technologies, notably web3, ai, quantum computing and others to emerge. Other industries follow the experimentation and implementation of these technologies.
Everything is digital and each product incorporates several technologies. Think of the Apple Vision Pro or Meta Quest. They have equipment, glasses, AI, biometric technology, cloud computing, cryptography, digital wallets and more, and they will soon be integrated into web3 technology.
A complete approach to regulations would be the most appropriate approach for the main following reasons.
A full system solution
Most, if not all, solutions require the integration of several emerging technologies. If we have separate directives and regulations for each technology, how could we make sure that the product / service is in accordance with? Where does the rule begin and the other ends?
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Distinct guidelines would probably introduce more complexity, errors and erroneous interpretations, which could ultimately lead to damage than goods than goods. If the implementation of technologies is global and complete, the regulation approach should also be.
Different technologies support the weaknesses of the other
All technologies have strengths and weaknesses, and often the forces of technology can support the shortcomings of the other.
For example, AI can support Web3 by improving the accuracy and efficiency of the execution of intelligent contracts and safety and the supervision of blockchain. On the other hand, blockchain technology can help demonstrator “IA responsible” because the blockchain is all that AI is not – transparent, traceable, trustworthy and without hoof.
When AI supports Web3 And vice versa, we implement a complete, safe, secure and trustworthy solution. Would these solutions be in accordance with AI or in accordance with Web3? With this solution, it would be difficult to dichotomize compliance. The solution must be in accordance with and adhere to all directives / policies. It would be preferable for these directives / policies to encompass all technologies, including their integration.
A proactive approach
We need proactive regulations. Many regulatory proposals, in all regions, seem to be reactions to the changes we know today and do not go far enough by thinking about how to provide executives for what could happen five or 10 years later.
If, for example, we already know that there will be a “new AI architectural paradigm”, probably in the next five years, then why not start thinking today, not in 5 years, how to regulate it? Or better still, find a regulatory framework that would apply, whatever the way technology is evolving.
Think of responsible innovation. Responsible innovation, in a simplistic way, means that making new technologies for society work without causing more problems than they solve. In other words: “Do good, don’t hurt.”
Responsible innovation
The principles of responsible innovation are designed to expand on all technologies, not just AI. These principles recognize that all technologies can have unforeseen consequences on users, passers -by and society, and that it is the responsibility of companies and developers who create these technologies to identify and mitigate these risks.
The principles of responsible innovation are global and international and apply to any technology that exists today and will evolve in the future. This could be the basis of technological regulations. However, companies, whatever their regulations, should understand that innovation brings responsible for users, which will be translated by general adoption.
Act of truth in technology
THE Law on securities of 1933Also known as the law of “securities truth”, was created to protect investors against fraud and false declarations and restore public stock market in response to the 1929 stock market crash.
At the heart of the law are honesty and transparency, the essential ingredients to instill public confidence in the stock market or anything else.
This act resisted the test of time – a law “with persistent leaves”. The securities trade and the financial industry have become more digital and more technological, but the fundamental principles of this act always apply and will continue.
Based on the principles of responsible innovation, we could design a “technology technology law”, which would instill public confidence in technology, now and in the future. Basically, we are looking for these products and services to be sure, secure, ethical, confered, precise, easy to understand, audable, transparent and responsible. These values are international in all regions, industries and technologies, and as technology knows no borders, regulations should not either.
Innovation can create value, but it can also extract or destroy it. Regulation helps limit the last two types of innovation, while well -designed regulations can allow the first type to survive and flourish. Global collaboration can find ways to encourage innovation that creates a value for the good of the global economy and society.
It may be time for a law of truth in technology – international, complete and persistent regulations for the good of the citizens of the world.
Opinion by: Merav Ozair, Phd.
This article is for general information purposes and is not intended to be and must not be considered as legal or investment advice. The points of view, the thoughts and opinions expressed here are the only of the author and do not reflect or do not necessarily represent the opinions and opinions of Cointellegraph.