Jack Dorsey disagrees with Elon Musk's view on regulating AI and praises Mark Zuckerberg for his open-source approach.

What Happened: In a thought-provoking interview, Dorsey engaged in a compelling discourse surrounding the regulation of AI and its potential societal implications. 

He dismissed the notion of a complete AI shutdown and acknowledged the global arms race in the technology’s development, stating, “I don’t believe pausing AI is realistic.” 

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While Dorsey emphasized the need for AI regulation, he expressed concerns about the current understanding of regulators. He urged them to focus on the fundamental aspects of the technology rather than driving specific outcomes.

The Twitter co-founder also admitted potential risks in open-source development but said that individuals striving to protect the overall technology and humanity would function as a balancing effect. 

Addressing the concerns of fellow technologists, Dorsey acknowledged the prevailing hype around AI and cautioned against succumbing to sensationalist narratives. 

He stated, “I think there’s a lot of hype in AI right now … we move from one fashion to the next fashion.” He acknowledged the importance of considering potential harmful outcomes and argued that embedding safeguards within the technology is the best way to address these concerns.

Watch the complete interview here: 

Why It’s Important: Governments worldwide are actively working to manage the potential risks of AI while also promoting innovation. 

In April of this year, President Joe Biden’s administration emerged as a notable advocate for AI regulations, emphasizing the importance of implementing stronger measures to ensure the safety of AI tools before they are made available to the general public.

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