It highlights the transformative nature of AI, likening its impact to that of fire or electricity. While AI offers numerous benefits, such as empowering individuals with creative tools and streamlining processes, it also introduces significant challenges. These challenges include the potential for misinformation and manipulation, posing threats to societal cohesion, democracy, and individual rights. Governments and policymakers are struggling to keep pace with AI's development, with the European Union taking a proactive step by approving the AI Act, the first legal framework for regulating artificial intelligence. This act aims to manage the risks associated with AI by implementing tiered regulations based on the level of risk posed. However, there are concerns about the effectiveness of voluntary guidelines proposed by some governments, such as Australia, compared to the more stricter regulations in the EU and the US.
Vocabulary:
• Leverage: In a figurative sense, ''leverage'' means using something to gain an advantage or achieve a desired outcome. It's like having a tool or resource that you can use strategically to make something happen more effectively or efficiently.
• To keep track: It means to monitor or follow something closely, like keeping track of time by looking at a clock. In the context of the video, it refers to staying updated or aware of the developments in AI.
• Pace: Pace refers to the speed at which something happens or progresses. For instance, if you're walking fast, you're moving at a quick pace. In the video, it refers to the fast rate at which AI technology is advancing.
• Milestone: A milestone is a significant event or achievement that marks progress.
• Framework: A plan that provides guidance for how something should be done. In the video, it refers to the AI Act, which sets out the rules and guidelines for regulating AI technology.
• Digital literacy: Literacy refers to the ability to read and write. But in the video, it refers to digital literacy, which is understanding how to use computers and technology effectively.
Source: behind the news Youtube channel.