White House will take a ‘hands-off’ approach to AI regulation

The White House has decided it will take a ‘hands-off’ approach to AI regulation despite many experts calling for safe and ethical standards to be set. Some of the world’s greatest minds have expressed concern about the development of AI without regulations — including the likes of Elon Musk, and the late Stephen Hawking. Musk famously said unregulated AI could post “the biggest risk we face as a civilisation”, while Hawking similarly warned “the development of full...

11 May 2018 | Ethics

Goldman Sachs: China is catching up to the U.S. in AI

The pace of AI innovation in China is putting it on track to catch up to the US, according to a report from Goldman Sachs. Goldman Sachs, a leading global investment firm, highlights China’s resources and ambitious plans for an intelligent economy based on AI. The report is titled "China's Rise in Artificial Intelligence” and says both companies and the Chinese government are putting their weight behind AI. In fact, back in July, the Chinese government announced it will increase...

1 September 2017 | Research