Possibility of US-China collaboration in AI

Will work done by humans be replaced by artificial intelligence? According to a US-based AI industry leader, artificial intelligence (AI) technologies are designed to support and improve human labor, possibly leading to gains in productivity and efficiency. Ernst & Young, or EY, global chief innovation officer Jeff Wong emphasized the potential benefits of artificial intelligence (AI), which include cancer research, pharmaceutical problem-solving, and tackling environmental, social, and governance issues. Wong expressed his expectation that lawmakers and the administration will “race to keep up with the ideas that are coming out” to China Daily last week at the Asia Society in New York.

 

The exhortation to “go faster” demonstrates the conviction in AI’s transformational potential. In spite of requests to slow down, these potent AI systems never stop evolving. According to Wong, generative AI is getting better by roughly ten times every eighteen months. For instance, he claimed that ChatGPT releases are consistently more amazing and potent than the previous ones. However, the quick growth of AI has raised ethical and legal questions. Notable writers including John Grisham and the New York Times are suing OpenAI, the firm that created ChatGPT. The Times claimed intellectual property violation and launched the lawsuit in December. The business claims that ChatGPT and Microsoft’s Copilot steal content from the Times, reroute users to other websites, and damage their brand and bottom line.

 

Wong underlined the need of international cooperation for common values as well as the advancement of laws, regulations, and research to keep up with technological advancements. OpenAI has an early advantage, but other businesses and open-source projects in the US and Asia, particularly China, also have players catching up, according to Wong. “In Asia and China, each region has to have a unique set of significant language model providers. They are undoubtedly racing as they go. Furthermore, many Asian enterprises must undoubtedly compete on the Asian platform, as seen by the regulatory pull-apart that we are witnessing. Thus, we’re witnessing it as well,” Wong stated.

 

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