AI overregulation risks human progress
Kristian Niemietz writes for the Spectator
“The Prime Minister is right to highlight the immense opportunities presented by AI to boost human wellbeing, from self-driving cars to improved medical diagnosis and personalised learning. He is also right to stress the importance of innovation and not rushing to regulate. Precautionary overregulation risks hindering progress, damaging inbound investment, and making Britain an AI backwater.
“In Greek mythology, Prometheus defied the Olympian gods by giving humanity fire, a reminder that technology has always been a force for good and evil. AI safety measures will be necessary to tackle specific problems as they arise. But fear mongering risks setting fire to a nascent industry that has the potential to help solve some of our most intractable issues.”
Notes to Editors
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