In a report, a House of Lords committee dismissed exaggerated fears of AI threats to human existence, urging policymakers to address more immediate concerns.
The House of Lords Communications and Digital Committee in the British parliament has warned that the United Kingdom’s approach to artificial intelligence has become too narrowly focused on AI safety and the threats the technology could pose rather than its benefits, posing a risk of losing out on the opportunities it offers.
In a report on artificial intelligence (AI) and large language models (LLMs), which power generative AI tools such as ChatGPT, the committee said the technology would produce era-defining changes comparable with the invention of the internet.
However, the committee warned that the U.K. needs to rebalance its approach and consider AI’s opportunities. Otherwise, the U.K. will lose its international influence and become strategically dependent on overseas tech firms for a technology that is expected to play a vital role in daily life in the years to come.
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Source: https://cointelegraph.com/news/uk-risks-losing-ai-race-amid-safety-over-opportunity-approach