We fear AI because ‘Big Tech are apex predators,’ exec

The reason many people are so afraid of artificial intelligence is not because of the technology itself, but because of the people developing it: the big tech companies.

“Do you know why you are all afraid?” artificial intelligence pioneer Igor Jablokov asked the audience wealthCEO Initiative in Washington, D.C., amid discussions on the responsible development of artificial intelligence. “That’s because big tech companies are apex predators.”

In calls with the companies, Yablokov elaborated wealth, are leveraging their dominant position, whether financially or politically through lobbying, to further solidify their position in the market and keep out new entrants. He said some of these companies worry that artificial intelligence will disrupt entire industries and relegate some of them to the next batch of yesterday’s tech companies, such as AOL, Motorola or Yahoo.

“Big Tech is panicking now because the deck chairs are going to be reoriented,” Jablokoff said. “This has happened to everyone else in existence in the past.”

All this concentrated power ultimately harms consumers, too. “Ultimately there is only one source of technology,” he told us wealth. “Without being able to control the amount of advertising they see, the quality of the product will eventually go down. It’s all a monopoly thing, and monopolies are unhealthy because no competition drives up prices and reduces your choices.”

On Tuesday, the day Yablokoff made his comments, the Federal Trade Commission released a report outlining many of the concerns consumers have about artificial intelligence.

“What’s the bottom line?” the report reads. “Consumers are concerned about the harms associated with artificial intelligence, and their concerns span the entire lifecycle of the technology, from how it is built to how third parties use it in the real world.”

Another growing concern is the rapid change in the industry. Some of the most established tech companies have been making a big push into artificial intelligence and large-scale language models. Microsoft invested approximately US$10 billion in OpenAI, which enabled ChatGPT and Meta to release the latest large-scale language model Llama2 to the public for free, while Amazon just invested US$4 billion in artificial intelligence startup Anthropic last week. Much of the concern about artificial intelligence stems from concerns that big companies are pushing the technology without fully considering the potential negative impacts.Even Elon Musk, one of AI’s biggest proponents, says AI can end human civilization and called for a six-month moratorium on the development of the most sophisticated artificial intelligence, something the company completely ignored.

Djablokov said the growing concerns mean developers will turn to developing AI that gives users more control so they can ensure it will be used in a way that aligns with their values. “I predict there will be a rebound, a return to safety, a return to content you trust,” Jablokov said at the conference.

In 2011, Yap, the first company founded by Jablokov to specialize in speech recognition software, became Amazon’s first artificial intelligence-related acquisition, and later became the skeleton of Amazon’s voice assistant Alexa. Coincidentally, Yablokov’s sister is named Alexa, he said.According to reports, her prolific texting habit actually inspired Yabkolov and his brother Victor to try to develop a speech recognition app that could convert speech to text company.

Even before Yap, Jablokov was working on the earliest iterations of artificial intelligence at IBM. There, he focused on an initial version of Watson, which he called “early baby AI stuff” in an interview traffic light.

Currently, Jablokov is the CEO of Pryon, a new artificial intelligence company. According to data, the company is valued at approximately US$410 million. brochure. The company’s name, “Pryon,” is a nod to the codename Amazon used for the project that would become Alexa. This is a rather strange twist of fate considering that Yablokov’s first company became the basis for a major technology company.

His comments are in wealthThe CEO Initiative is not the first time concerns have been raised about major technology companies. In the same Semafor interview, Jablokov said large companies would work with regulators to make it harder for new startups to enter the market.When it comes to AI regulation, government officials say they want Take quick action to control Unlike social media, this technology has been around for a long time. Critics, meanwhile, accuse lawmakers of being too friendly to the companies they are supposed to regulate.

Public support for regulating big tech companies has grown over the past few years. 2022 poll Americans view the technology industry as the second most underregulated industry after pharmaceutical companies, according to a Public Affairs Council survey.

The tech industry’s fall from grace has accelerated since the 2016 U.S. presidential election, when the largest social media platforms were accused of turning a blind eye to the spread of misinformation. This marks a change in the general public perception of the industry.Technology ranked as the most trustworthy industry between 2012 and 2017, according to the Public Affairs Council poll. By 2018 it had fallen to fourth place, and by 2021 it had fallen to sixth place, still one spot behind the big banks and finance industry.other pollThe report from the left-leaning Brookings Institution shows that from 2018 to 2021, the top three institutions in which Americans have lost confidence are all big tech companies – Facebook, Amazon and Google, which all happen to be in There is a race to develop artificial intelligence and incorporate it into their products.

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