Technology isn’t something that’s new to us. From discovering fire to building computers, the human race has pushed several technological boundaries. Yet, there’s something that’s pushing the boundaries of human ingenuity even further. It’s called artificial intelligence, or AI. Simply put, AI is any machine learning technology that mimics cognitive capabilities associated with the human mind. In other words, AI is designed to think and act like humans.
Hence, AI is not just another technological tool. AI tends to be radically different from other existing forms of technology with its highly advanced capabilities and human-like attributes that can replace (and not merely augment) human effort in many, if not all, spheres of human activity.
For this reason, AI shows remarkable potential to impact almost every industry and every sphere of our personal lives. However, as much as we should celebrate AI’s ground-breaking technology and peculiar novelty that could help humanity to evolve and flourish as a species, we must not be too naive to ignore the dangers and risks that AI could pose to human life and existence. National governments and industry leaders around the world are therefore becoming increasingly concerned with what societal benefits and harms can result from the onset of this new industrial era — often dubbed as the “fourth industrial revolution”.
We do not know precisely what impact AI will have on our world, but we do know that the impact will be unprecedented and huge. Yet, most current policy discourses on AI today tend to become too esoteric for ordinary citizens to grasp at the expense of their moral right to know how the burgeoning AI industry is going to impact their lives. We believe AI Policy Exchange can help change that by publishing simple, insightful blogs on topical issues concerning AI policy and governance.