Microsoft says AI needs to be regulated, proposes new agency

Microsoft says AI needs to be regulated, proposes new agency

While expressing concerns, Smith’s hour-long speech also highlighted the positive advancements AI has brought about. He compared its transformative potential to that of the printing press or electricity. In a corresponding blog post that echoed his speech, Smith boldly stated, “AI offers perhaps even more potential for the good of humanity than any invention that has preceded it.”

As AI continues to advance and permeate various aspects of society, the debate surrounding its regulation grows increasingly significant. Microsoft’s call for a dedicated AI regulation agency underscores the need to balance innovation with responsible oversight, ensuring that AI technologies are developed and deployed in a manner that aligns with ethical principles and safeguards against potential risks.