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I suspect there will be companies touting AI or GPT types of things seeking investment. Some of these are likely to turn out to be fraudulent without any such
by mattbrewsbytes 3y ago
I suspect there will be companies touting AI or GPT types of things seeking investment. Some of these are likely to turn out to be fraudulent without any such technology being used, this type of thing happens with every tech hype cycle.
It would be super helpful for the industry to have some independently created and peer reviewed (under NDA if necessary) stages of AI or terminology that can and cannot be used in various ways. Without this I expect to see a bunch of "GPT", "bot" and "AI" terms thrown about for years when under the hood none of those things are used and people just used the words to get traction.
- senko 3y agoThis has always been the case. During the dotcom bubble, many companies added ".com" to their name just to benefit from the hype. During the crypto craze companies were peddling their crypto strategies left and right. Same with ESG. I don't think there will incentive enough to regulate it, as it's very hard to figure out how to regulate (there are tons of different AI approaches, it's a very broad term) and stretching the truth usually doesn't cause actual harm to people. The only counter-example I can think is food (process) labelling, where terms like "organic", "bio" or "halal" are regulated.
- mattbrewsbytes 3y agoYeah and all the ICO's as well. I'm not suggesting Government regulation, they move too slowly and barely understand technology. I think the leading AI firms would be best to create some standards body to come up with definitions and certifications about usage, ethics, etc. around the technology. Hire some lawyers and get independent trademarks or whatever that can only be granted by the standards body.