Several tech experts and leaders have raised concerns over the potential risks posed by the continued development of artificial intelligence (AI). In an open letter signed by hundreds of experts in the field, they warned that AI could pose a “profound risk to society and humanity”. They further stated that AI should be “managed with commensurate care”, which is not happening in AI labs currently. The launch of GPT-4, an even more powerful version of the viral AI tool ChatGPT, has further fueled concerns. International economists warn that 300 million full-time jobs worldwide could be at risk due to AI. Although New Zealand currently has no national regulation or strategy in place for AI, experts suggest that this needs to change. The government has stated that it is closely monitoring AI’s implications and is committed to ensuring that it is used ethically.

Tech Leaders Sound the Alarm Over AI Development

Several tech experts and leaders have raised concerns over the potential risks posed by the continued development of artificial intelligence (AI), calling for a six-month pause in the creation of major new systems.

In an open letter signed by hundreds of experts in the field, including Steve Wozniak, co-founder of Apple, and Elon Musk, CEO of SpaceX, Tesla, and Twitter, they warned that AI could pose a “profound risk to society and humanity”. They further stated that AI should be “managed with commensurate care”, which is not happening in AI labs currently.

They highlighted the issue of developing digital minds that “no one – not even their creators – can understand, predict, or reliably control”. Dr. Andrew Chin, a research fellow at Auckland University, said that all companies developing large AI systems need to stop, adding that it only works if everybody stops.

The launch of GPT-4, an even more powerful version of the viral AI tool ChatGPT, has further fueled concerns. International economists warn that 300 million full-time jobs worldwide could be at risk due to AI.

Although New Zealand currently has no national regulation or strategy in place for AI, experts suggest that this needs to change. NZCTU President Richard Wagstaff acknowledged that job losses are inevitable, but he stated that we need to be smart about transitioning work into other areas that are better.

There is no need to panic, as Brainbox Institute Senior Consultant Allyn Robins pointed out that there is a lot of hype around AI, with some people claiming that it will either save or destroy the world. She said that realistically, none of those things are going to happen.

The government has stated that it is closely monitoring AI’s implications and is committed to ensuring that it is used ethically. They recognize that this moment in human history is a profound one, and they want to make sure that they get it right because there might not be a second chance if they get it wrong.

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