Generative AI presents a global challenge that calls for comprehensive regulation. Traditional data privacy laws are inadequate for controlling the wide-ranging implications of this technology. Furthermore, relying solely on tech companies for ethical oversight is a limited approach.
Key Issues:
1. Insufficient Laws: Current laws focus on data privacy but do not adequately address Generative AI’s specific needs.
2. Corporate Responsibility: Companies cannot be solely trusted to regulate AI, given their commercial interests.
3. Data Collection: The root of Generative AI lies in data, making its regulation crucial for responsible development.
4. Global Harmonization: AI is a global technology; thus, international cooperation is required for effective governance.
To effectively manage Generative AI’s potential risks, it falls upon governments to develop harmonized, cross-border regulations.
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