Date:17/07/17
Elon Musk has warned a gathering of US governors that they need to be concerned about the potential dangers from the rise of artificial intelligence and called for the creation of a regulatory body to guide development of the powerful technology.
Speaking at the National Governors Association meeting in Rhode Island at the weekend, the chief executive of electric-car maker Tesla and rocket-maker SpaceX laid out several worst-case scenarios for AI, saying that the technology will threaten all human jobs and that an AI could even spark a war.
“It is the biggest risk that we face as a civilization,” he said.
Mr Musk has been vocal about his concerns about AI and helped create OpenAI, a non-profit research group that aims for the safe development of the technology.
He suggested to the governors that a regulatory agency needs to be formed to begin gaining insight into fast-moving AI development followed by putting regulations into place.
“Right now the government doesn’t even have insight,” he said. “Once there is awareness people will be extremely afraid, as they should be.”
Proponents of AI says such concerns are premature, given the current state of the technology. Arizona Governor Doug Ducey, a Republican who noted that he had spent his own career trying to reduce government regulations, questioned Mr Musk over the suggestion of creating new rules, saying he was unsure what policymakers could do beyond pushing for a slowdown in development.
“I was surprised by your suggestion to bring regulations before we know what we are dealing with,” Mr Ducey said.
“For sure the companies doing AI — most of them, not mine — will squawk and say this is really going to stop innovation,” Mr Musk said. But he said he doubted that such a move would cause companies to leave the US.
During his talk, Mr Musk also was asked about the pressures that come from the valuation of Tesla, whose stock has risen more than 50 per cent this year ahead of the introduction of a new sedan. The market capitalization has made Tesla bigger than Ford and, at times, larger than GM. Those automakers, unlike Tesla, are profitable and sell many more vehicles than the niche luxury brand.
Mr Musk reiterated that shares of Tesla were trading at a price “higher than we have any right to deserve” and that the high price reflected the optimism of the future of the company, he said.
“Those expectations sometimes get out of control,” he said. But Mr Musk said he was committed to making Tesla a success. Besides selling shares to pay for taxes, Mr Musk said he was avoiding selling company shares. “I’m going down with the ship,” he said.
Elon Musk warns AI is humanity’s biggest threat
Elon Musk has warned a gathering of US governors that they need to be concerned about the potential dangers from the rise of artificial intelligence and called for the creation of a regulatory body to guide development of the powerful technology.Speaking at the National Governors Association meeting in Rhode Island at the weekend, the chief executive of electric-car maker Tesla and rocket-maker SpaceX laid out several worst-case scenarios for AI, saying that the technology will threaten all human jobs and that an AI could even spark a war.
“It is the biggest risk that we face as a civilization,” he said.
Mr Musk has been vocal about his concerns about AI and helped create OpenAI, a non-profit research group that aims for the safe development of the technology.
He suggested to the governors that a regulatory agency needs to be formed to begin gaining insight into fast-moving AI development followed by putting regulations into place.
“Right now the government doesn’t even have insight,” he said. “Once there is awareness people will be extremely afraid, as they should be.”
Proponents of AI says such concerns are premature, given the current state of the technology. Arizona Governor Doug Ducey, a Republican who noted that he had spent his own career trying to reduce government regulations, questioned Mr Musk over the suggestion of creating new rules, saying he was unsure what policymakers could do beyond pushing for a slowdown in development.
“I was surprised by your suggestion to bring regulations before we know what we are dealing with,” Mr Ducey said.
“For sure the companies doing AI — most of them, not mine — will squawk and say this is really going to stop innovation,” Mr Musk said. But he said he doubted that such a move would cause companies to leave the US.
During his talk, Mr Musk also was asked about the pressures that come from the valuation of Tesla, whose stock has risen more than 50 per cent this year ahead of the introduction of a new sedan. The market capitalization has made Tesla bigger than Ford and, at times, larger than GM. Those automakers, unlike Tesla, are profitable and sell many more vehicles than the niche luxury brand.
Mr Musk reiterated that shares of Tesla were trading at a price “higher than we have any right to deserve” and that the high price reflected the optimism of the future of the company, he said.
“Those expectations sometimes get out of control,” he said. But Mr Musk said he was committed to making Tesla a success. Besides selling shares to pay for taxes, Mr Musk said he was avoiding selling company shares. “I’m going down with the ship,” he said.
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