Former Google CEO Says Industry Must Develop ‘Guardrails’ for AI

As technology continues to evolve, the need for guardrails around artificial intelligence (AI) is becoming increasingly important. This was recently highlighted by former Google CEO Eric Schmidt, who said that industry must develop “guardrails” for AI in order to ensure its responsible use.
Schmidt made his remarks during a recent virtual event hosted by the World Economic Forum (WEF). During his speech, he noted that AI has already had a major impact on society and will continue to do so in the future. He also warned of potential risks associated with its use, including privacy concerns and data misuse.
To address these issues, Schmidt suggested that industry should work together to create standards and regulations for AI development and deployment. He argued that this would help ensure responsible use of the technology while still allowing it to be used effectively.
In addition to developing guardrails for AI, Schmidt also called on governments around the world to invest more heavily in research and development related to the technology. He believes this could lead to breakthroughs in areas such as healthcare and transportation which could benefit society as a whole.
Finally, Schmidt urged companies not only focus on short-term profits but also consider how their actions might affect people over time when using AI technologies like facial recognition or autonomous vehicles. By doing so they can help ensure that these technologies are used responsibly rather than abused or misused by those with malicious intent or bad intentions towards others .
Overall it is clear from Schmidt’s comments that there needs to be greater oversight when it comes to developing and deploying artificial intelligence technologies if we want them used responsibly going forward into our ever-evolving technological landscape . |Former Google CEO Says Industry Must Develop ‘Guardrails’ for AI|Technology|PYMNTS