Spotify CEO Daniel Ek warns laws to regulate AI could become obsolete

Spotify CEO Daniel Ek is cautious about urgent calls for regulation of artificial intelligence, warning that any laws implemented now will soon be outdated.

Towards Financial TimesEck believes the rate at which AI capabilities are changing means it will be difficult to create laws that will stand the test of time.

“It develops in very real time. The artificial intelligence capabilities of six months ago will be different from the artificial intelligence capabilities of a year or two years from now.” Spotify co-founder told the media Financial Times.

Risks of Artificial Intelligence

Following the symbolic launch of OpenAI’s chatbots, including DALL-E and ChatGPT, the capabilities of artificial intelligence have grown at an astonishing pace over the past 12 months.

From Google to Microsoft, major tech competitors have joined the race to create generative artificial intelligence models, building their own or investing in current chatbots.

Investor enthusiasm for AI has also fueled stock market excess – chipmaker Nvidia’s stock price has nearly tripled since the start of 2023, fueled by the hype.

However, there are growing warnings that the unregulated growth of artificial intelligence could have dire consequences.

Experts are concerned about the development of artificial intelligence (AGI), which has the ability to replicate human abilities and reasoning. The CEO of Google Deepmind said the technology could take years to implement.

In May of this year, more than 300 of the world’s most distinguished artificial intelligence experts, including OpenAI founder Sam Altman, called for urgent action to reduce the risk of extinction caused by artificial intelligence.in a one sentence statementExperts say artificial intelligence should be taken as seriously as pandemics and nuclear war because it has the potential to wipe out humanity.

The letter comes weeks after former U.S. Secretary of State Henry Kissinger said artificial intelligence has the same potential as nuclear weapons and could usher in a new era of Cold War-style tensions between the U.S. and China.

In addition to concerns about the safety of artificial intelligence, there are also more imminent threats to the labor market. This technology, especially general artificial intelligence, has the potential to make jobs across industries obsolete.

A new trend called “FOBO,” or “fear of becoming obsolete,” is being used to reflect a Gallup survey that showed nearly a quarter of Americans are worried about having their jobs replaced by artificial intelligence.

The proliferation of the technology, along with the warnings, prompted a hasty response from regulators.

European Union Artificial Intelligence ActThe technology regulation, a world first, aims to create barriers around the field of artificial intelligence to ensure its safety and transparency. Regulations passed in June will vary based on the perceived risk profile of a particular AI.

November The UK will host the first Global Artificial Intelligence Summit The announcement from world leaders comes a week after Altman and other experts expressed concerns about the technology.

Artificial Intelligence Music “Tricky”

However, Eck believes that any legal content aimed at controlling artificial intelligence may soon become redundant.

Ek himself is moderate in his views on the potential of artificial intelligence.in a company Earnings Conference Call After a song featuring the artificial intelligence clones of Drake and The Weeknd went viral on the platform in April, Ek said the technology could be “a huge help for creativity.”He admitted that there were new copyright issues to resolve after the song was released hearts on sleeves By ghostwriter.

He followed up on the issue in September, tell the bbc The platform will not ban artificially created music, while admitting negotiating new technology will be “tricky”.

In September, a Spotify representative told wealth The company is experimenting with using artificial intelligence to translate podcasts into other languages.The development will also see the technology mimic the voices of podcast participants, e.g. Diary of a CEO Steven Bartlett and armchair specialist Dax Shepard.

A representative for Spotify did not immediately respond of wealth Request for comment.

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