When the Feds Try to Regulate Tech Beware

I understand why they want to do this and I hope they have some smart people trying to figure out the rules, but given things move so fast, it is likely that any rule will be obsolete in 6 months and the government is not good at dealing with situations like that.

In a document soliciting public input over the next 60 days, the administration floats a range of possible mechanisms to ensure an “AI accountability ecosystem” that includes audits, reporting, testing and evaluation.

While it is certainly possible that AIs will just reinforce existing biases, can the government really create a rule to fix that?

Hackers are, of course, already using these tools to hack and you won’t ever stop that.

Regulators will likely be very interested in how AIs are trained, since the training dataset can have a huge impact on the outcome.

The companies that want to get rich quick from AI are, of course, telling the government that they should be allowed to move fast and break things. That has always been Silicon Valley’s mantra. Whether that is good for everyone or just the mega-rich is less clear.

Other people are saying that another issue is, and I think this is important, whether everything that has the AI buzzword attached to it is really AI and whether it actually does what the vendor claims. While the FTC has the authority to police that today using section 5 of the FTC Act, it is a very slow and cumbersome process.

Stay tuned; this is important and it is not going away. Credit: Data Breach Today

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