Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Regulate AI Like Nuclear Power, Says UK Labour Party

CryptoExpert by CryptoExpert
June 6, 2023
in Trending Cryptos
0
Regulate AI Like Nuclear Power, Says UK Labour Party
  • Facebook
  • Twitter
  • Pinterest



Officials in the United Kingdom suggested that artificial intelligence technology be regulated and require a government license—similar to pharmaceutical or nuclear power companies, according to a report by the Guardian.

You might also like

Bitcoin is trapped between $75,000 and $80,000 ahead of a massive Friday derivatives settlement

TON Sets September 1 Deadline For Legacy Bridge Shutdown

Bitcoin miner Sphere 3D faces $2.2M tariff claim equal to 77% of its cash

“That is the kind of model we should be thinking about, where you have to have a license in order to build these models,” a digital spokesperson for the Labour Party, Lucy Powell, told the publication. “These seem to me to be good examples of how this can be done.”

Powell said policymakers should focus on regulating artificial intelligence at the developmental level instead of attempting to ban the technology. In March, citing privacy concerns, Italy banned ChatGPT before lifting the ban after OpenAI instituted new security measures in April.

“My real point of concern is the lack of any regulation of the large language models that can then be applied across a range of AI tools, whether that’s governing how they are built, how they are managed, or how they are controlled,” Powell said.

Betfury

Powell’s comment echoes those of U.S. Senator Lindsey Graham, who said during a congressional hearing in May that there should be an agency that can grant AI developers a license and also take it away—an idea with which OpenAI CEO Sam Altman agreed.

Altman even recommended creating a federal agency to set standards and practice.

“I would form a new agency that licenses any effort above a certain scale of capabilities, and that can take that license away and ensure compliance with safety standards,” Altman said.

Invoking nuclear technology as a parallel to artificial intelligence is not new. In May, famed investor Warren Buffett likened AI to the atomic bomb.

“I know we won’t be able to uninvent it and, you know, we did invent—for very, very good reason—the atom bomb,” Buffett said.

That same month, artificial intelligence pioneer Geoffrey Hinton resigned from his position at Google in May so that he would be free to sound the alarm about the potential dangers of AI freely.

Last week, the Center for AI Safety published a letter saying, “Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war.” Signatories included Altman, Microsoft co-founder Bill Gates, and Stability AI CEO Emad Mostaque.

The rapid development and application of AI technology have also raised concerns about bias, discrimination, and surveillance, which Powell believes can be mitigated by requiring developers to be more open about their data.

“This technology is moving so fast that it needs an active, interventionist government approach, rather than a laissez-faire one,” Powell said.

 

Stay on top of crypto news, get daily updates in your inbox.



Source link

  • Facebook
  • Twitter
  • Pinterest
CryptoExpert

CryptoExpert

Recommended For You

Bitcoin is trapped between $75,000 and $80,000 ahead of a massive Friday derivatives settlement

by CryptoExpert
August 27, 2026
0
Bitcoin is trapped between $75,000 and $80,000 ahead of a massive Friday derivatives settlement

Bitcoin is trading between $80,000 and $78,000, and faces two option strikes that could shape dealer hedging into Friday.Reported call exposure at $75,000 and $80,000 creates a test...

Read more

TON Sets September 1 Deadline For Legacy Bridge Shutdown

by CryptoExpert
August 26, 2026
0
Eldora

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The TON Foundation has confirmed that its legacy bridge will be permanently decommissioned on September...

Read more

Bitcoin miner Sphere 3D faces $2.2M tariff claim equal to 77% of its cash

by CryptoExpert
August 26, 2026
0
Bitcoin miner Sphere 3D faces $2.2M tariff claim equal to 77% of its cash

Crypto miner Sphere 3D said it could face approximately $2.2 million in supplemental US tariffs, before interest, on Bitcoin miners purchased in 2022 by a subsidiary it now...

Read more

TAC Sidechain Halts After Supply Exploit As TON Mainnet Remains Separate

by CryptoExpert
August 25, 2026
0
Humanity Protocol Exploit Tied To Suspected North Korean Hackers

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TAC, a Cosmos-based EVM sidechain connected to the TON ecosystem, has halted block production after...

Read more

AI scammers no longer need to hack your wallet if they can convince you to use it for them

by CryptoExpert
August 25, 2026
0
AI scammers no longer need to hack your wallet if they can convince you to use it for them

Reported losses from deepfake scams in 2026 have already exceeded last year's total by 263%, according to TRM Labs, highlighting a growing crypto security problem in which attackers...

Read more
Next Post
Crypto sentiment index dips back to March ‘fear’ levels amid Binance lawsuit

Crypto sentiment index dips back to March ‘fear’ levels amid Binance lawsuit

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 78,779.00
ethereum
Ethereum (ETH) $ 2,491.69
tether
Tether (USDT) $ 0.999858
bnb
BNB (BNB) $ 705.67
xrp
XRP (XRP) $ 1.41
usd-coin
USDC (USDC) $ 0.99991
solana
Solana (SOL) $ 101.21
tron
TRON (TRX) $ 0.334837
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.00

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?