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OpenAI’s Sam Altman Advocates for an International Agency to Regulate AI

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As Artificial Intelligence (AI) continues to evolve at a rapid pace, concerns about its safety and the need for effective regulatory frameworks are becoming more pronounced. Elon Musk, cofounder of OpenAI and Grok, xAI, has warned that the technology poses a risk to humanity.

Against this backdrop, Sam Altman, cofounder and CEO of OpenAI, has advocated for an agency-based regulatory approach, drawing parallels between AI and the aviation industry in terms of safety testing requirements.

“I think there will come a time in the not-so-distant future, like we’re not talking decades and decades from now, where frontier AI systems are capable of causing significant global harm,” Altman said on the All-In podcast on Friday.

He emphasized the potential for these systems to have a “negative impact way beyond the realm of one country” and stressed the need for an international body to oversee and ensure their safe deployment. Altman envisions an agency looking at the most powerful systems and ensuring reasonable safety testing.

Altman argues that an international agency would offer the flexibility needed to keep pace with AI’s fast evolution, unlike rigid national legislation which could quickly become outdated.

“The reason I’ve pushed for an agency-based approach for kind of like the big-picture stuff and not like a write-it-in-law is in 12 months it will all be written wrong,” he said.

He believes that even expert lawmakers would struggle to draft policies that could appropriately regulate AI developments 12 to 24 months from now. He also expressed concerns about both regulatory overreach and insufficient regulation, advocating for a balanced approach that adapts to rapid technological advancements.

“I’d be super nervous about regulatory overreach here. I think we get this wrong by doing way too much or a little too much. I think we can get this wrong by doing not enough,” Altman noted.

In Altman’s view, the regulatory needs of AI are akin to those of airplanes, where safety frameworks are essential to prevent significant loss of life.

“When like significant loss of human life is a serious possibility, like airplanes, or any number of other examples where I think we’re happy to have some sort of testing framework,” he said. “I don’t think about an airplane when I get on it. I just assume it’s going to be safe.”

Current legislative efforts to regulate AI vary globally. The European Union has approved the Artificial Intelligence Act, which categorizes AI risks and bans unacceptable use cases. In the United States, President Joe Biden signed an executive order last year calling for greater transparency from the world’s biggest AI models, and California is leading the charge on regulating AI with lawmakers considering more than 30 bills, according to Bloomberg.

However, Altman believes an international regulatory body could better address the global nature of AI’s impact, ensuring more consistent and adaptable oversight.

This push for international regulation is particularly relevant as AI development becomes a major point of competition between the United States and China. Both countries are leading efforts to dominate the AI market, both in the private sector.

On Monday, OpenAI launched GPT-4o, a groundbreaking AI model, alongside a desktop version of ChatGPT and a revamped user interface. This release underscores OpenAI’s commitment to making its acclaimed chatbot technology more accessible while enhancing user experience to unprecedented levels.

However, it contributes to the ongoing rapid advancement of AI, raising safety concerns amidst the lag in regulation. While Europe takes a proactive stance on AI regulation, the US and China are playing catch-up.

Altman’s proposal for international oversight of this burgeoning technology may see fruition, potentially spearheaded by the US and China, which are locked in fierce competition to dominate the AI market, both in the corporate realm and within their respective governments.

This week, the United States is set to initiate a series of diplomatic discussions with China in Geneva concerning the safety and risk standards of artificial intelligence. Yet, the two global powers have yet to reach a consensus on what constitutes safe deployment of the technologies they are advancing.

Senior administration officials disclosed during a briefing on Friday that representatives from the US and China will convene in Switzerland on Tuesday.

The US delegation, led by officials from the White House and State Department, will engage with a Chinese delegation co-led by the Ministry of Foreign Affairs and the National Development and Reform Commission.

The discussions will primarily revolve around AI risk and safety, with a specific focus on advanced systems. Additionally, officials from both countries intend to exchange insights on their respective domestic efforts to mitigate AI risks.

However, the meeting is not billed to birth an international regulatory agency for AI.

New Course: How To Setup And Use OpenAI ChatGPT

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In the 1990s, people paid to learn how to use Microsoft Word, Excel and other office productivity  tools. In this decade of the 2020s, the productivity tools are evolving, and AI systems like ChatGPT will be catalytic.  Yes, very soon, understanding how to use ChatGPT and other AI tools will provide leverage when you are looking for a job!

“John, have you ever used ChatGPT before?” – the HR manager asked.

“Yes Sir, I understand how to use ChatGPT to improve my productivity. Let me give an example. In my current job, before ChatGPT was adopted, we used to spend 2 days summarizing and understanding customer service feedback. But I took a course at Tekedia Institute. After that course, I set up an environment, and we cut down the time to 10 minutes. After that, I was promoted to lead the team”.

“Very promising John. We saw that use case in your resume. Ken, my colleague who interviewed you on technical competence last week noted you are proficient in ChatGPT.  Let me ask …how soon can you join us? We are looking for a functional expert on ChatGPT to lead our team here. Also, could you share Tekedia Institute’s contact information?”

“Sir, I need to put in a 2 week notice. Tekedia contact is on this link  . It is a very great school and very affordable.  I will recommend every member of our team to attend when I join.”

Win the #Future; attend Tekedia Mini-MBA and Tekedia AI in Business Masterclass. Click and pick your program here.

Another New Tekedia Course: Careers in Artificial Intelligence Era and Co-working with Machines

New Tekedia Course: Careers in Artificial Intelligence Era and Co-working with Machines

 

New Tekedia Course: Careers in Artificial Intelligence Era and Co-working with Machines

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At Tekedia Institute, we identify three critical phases in human development: the invention society era, the innovation society era, and the accelerated society era . In the next edition of Tekedia Mini-MBA, we are bringing new courses to help our learners understand careers in the accelerated society era.  

This accelerated society  era is unleashing AI, autonomous systems and centralized economies, concatenating people, firms, and states, in mutually interdependent relationships, with vistas of opportunities which are unbounded and unconstrained by geography. Careers will change and men, and women, will have machines as co-workers in ways that have never existed.

Our Institute will provide academic leadership to our learners. I invite you to register for Tekedia Mini-MBA (June 3-Sept 2, 2024) and Tekedia AI in Business Masterclass as this new course will be made available in those noted programs. Click here and pick your course.

Another new course – How To Setup And Use OpenAI ChatGPT

New Course: How To Setup And Use OpenAI ChatGPT

Crypto Casinos and the Pros and Cons

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Online casinos are the place you want to be if you want the excitement and adrenaline rush of playing casino games without having to leave your house – and with options like online poker games such as Texas holem, blackjack, roulette, and slots readily available at the point of a mouse (or even in a smartphone app), it has never been easier to get involved.

In this article, we will discuss some basic history of Bitcoin and cryptocurrency, as well as what that means for casinos – then look at some of the pros and cons of choosing a crypto casino for your playing pleasure.

The History of Bitcoin

While we might consider Bitcoin and other cryptocurrencies to be a recent phenomenon, it was first invented back in 2008. Satoshi Nakamoto created the idea of a currency based on cryptographical algorithms created by a blockchain and made the software for this available as open-source code.

The first block was mined by Nakamoto in 2009 and is known as the ‘Genesis Block’, and despite early successes in practical applications, many experts said that it just wouldn’t work; this meant that in the early years, Bitcoin was mainly used for transactions on the dark web and underground economies.

Bitcoin (BTC) was given in the early stages of its lifespan, which is unbelievable when you think about the value of just one BTC, which recently topped $69,000. It wasn’t until 2020 that it became more mainstream, when companies like Tesla, MicroStrategy, and Square Inc. began investing in it.

Other digital currencies are available, including:

  • Ethereum
  • Doge
  • XRP
  • Tether
  • Binance

There are around 10,000 cryptocurrencies of different types available, although not all are in circulation.

Crypto Casinos

In essence, a crypto casino has all the features that you would expect from a ‘normal’ online casino. You’ll find some of the same games that you are familiar with from popular developers like NetEnt and MicroGaming, so you can play slots, poker, roulette, and blackjack. Alongside these traditional options are other games that are ‘provably fair’ because they are built on the blockchain and algorithmically based, which means that it remains on the ledger and is publicly available.

The difference with a crypto casino is that in most cases you won’t need to sign up for an account using personally identifiable information – in a ‘normal’ casino, you will need to provide name, address, and financial information to open the account, but this isn’t needed in a crypto casino.

Pros of Crypto Casinos

Enhanced Security

The basis of using a decentralised system like the blockchain and cryptocurrency is that it is difficult for your information to be used or stolen by hackers. Your digital currency is kept securely in a wallet that needs a private and a personal key to access, and with little personal information involved there isn’t much for a hacker to get hold of.

Privacy

In a similar way, the lack of sharing personal information means that you can keep your transactions private. There is a record kept on the blockchain ledger, which is nominally public, but in practice is not easy to trace to an individual, which is better for privacy.

Cheaper

With crypto, there are no intermediaries in creating deposits and withdrawals. Traditional currency usually needs some sort of payment processing system which can come with fees, but this is not a concern when it comes to BTC or other digital coins.

Borderless

The value of crypto is the same everywhere, which means that you will not need to convert the currency to use it in another country or territory.

Fast

Crypto contracts are executed immediately, which means that withdrawals and deposits are extremely fast – they need no human interaction. If you win a game, the blockchain knows and makes the transaction automatically.

Cons of Crypto Casinos

Lack of Regulation

Cryptocurrency is decentralised and largely unregulated, which means that your transactions are not protected in the same way as they would be if you were using a licensed, traditional online casino.

Availability

Getting hold of crypto is not as easy as going to the bank – you’ll need to buy it on a cryptocurrency exchange and hold it in a digital wallet, which means that it isn’t as readily available as other currencies. Crypto casinos themselves are also not readily available, although they are growing.

Criminal Activity

An anonymous and unregulated payment system is an obvious way for criminals to launder money and make illegal transactions – and this is one of the reasons why governments and financial institutions are not supportive.

Volatile

The price of most digital currencies is not tied to commodities or governments, which means that the value is volatile – it can change wildly even in one day. The price can grow or plummet based on things as inconsequential as a social media post, which makes it quite unreliable.

Prepare for a New Dimension of Career In this Fledgling AI Era

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What is your personal AI career development strategy? Good People, this AI thing will expire many careers. Yes, I have seen how technology has punted and expired careers. When I started computing after graduating from FUT Owerri, we made money coupling computers for people. 

You would buy computer motherboards,  hard disks, RAMs, etc, and with a boot diskette, you would get everything going, loading and running a BIOS utility program that would enable the installation of the operating system. In two hours, the computer would be ready for us.

It was a great business and we were geeks. Then one day, there was no need for a geek, as everything was coupled and packaged from the factory. So, they disintermediated the roles of geeks, and one by one, that opportunity closed. I panicked and decided to return back to electrical engineering as I felt that “IT” was vulnerable.

Today,  AI will do the same thing to many careers at scale. And I ask you to PLAN to be the boss of AI, because this thing will cause dislocations, and only the bosses will remain. Yes, you must rule AI, and that means having skills which make you better with AI support. Simply, AI-compliant skills and capabilities. 

In a bold leap forward for artificial intelligence (AI), OpenAI unveiled its latest innovation on Monday—a revolutionary AI model named GPT-4o, accompanied by a desktop version of ChatGPT and an overhauled user interface.

This release represents OpenAI’s ambitious endeavor to democratize access to its renowned chatbot technology while elevating user experience to unprecedented heights.

During a live-streamed event, Mira Murati, the technology chief at OpenAI, delivered the momentous announcement, announcing the integration of GPT-4 into ChatGPT for all users, including those on the free tier. 

If you do not know how, please consider joining Tekedia Mini-MBA as we’re adding a new module titled “Careers in AI Era”.