The artificial intelligence (AI) industry is projected to grow from $242 billion in 2018 to $3.1 trillion by 2025, according to a recent report on MSN.com. As the AI industry continues to expand, governments and organizations are taking notice of its potential impact on society and the economy.
In Washington state, a new Artificial Intelligence Task Force has been formed to study the effects of AI on the state’s workforce, education system, and economy. The task force was initially proposed by Attorney General Bob Ferguson in December 2021 with a larger membership, but it was downsized during the legislative process. The final task force consists of 18 members from various backgrounds, including representatives from the tech industry, labor unions, and academia.
Meanwhile, Advanced Micro Devices (AMD) is positioning itself as a major player in the AI market, according to an article on Yahoo Finance. While Nvidia currently dominates the GPU market for AI applications, AMD’s broader focus on CPUs and other components may give it an edge in the long run. However, some experts question whether AMD’s aspirations are too ambitious.
SoftBank Group CEO Masayoshi Son also discussed his ambitions for artificial super intelligence (ASI) at a recent event, according to Reuters. Son said that SoftBank’s mission is to help humanity progress by realizing ASI, which he believes will exceed human capabilities by a factor of 10. However, some experts have raised concerns about the potential risks and ethical implications of developing ASI.
In response to these concerns, policymakers must find a balance between promoting the benefits of AI and mitigating its risks, according to an article on C4ISRNET. The article argues that the best way to counter bad AI is by using good AI, rather than focusing too narrowly on catastrophic risk and inadvertently hampering the creation of positive AI tools.
Finally, a Tri-Cities lawmaker has been named to serve on Washington state’s new AI task force, according to Yahoo News. State Sen. Matt Boehnke, R-Kennewick, will represent the 8th Legislative District on the 18-person task force, which will study the effects of AI on the state’s workforce, education system, and economy.
In summary, the artificial intelligence industry is projected to grow significantly in the coming years, prompting governments and organizations to take notice of its potential impact on society and the economy. In Washington state, a new Artificial Intelligence Task Force has been formed to study the effects of AI on the state’s workforce, education system, and economy. Meanwhile, companies like AMD are positioning themselves as major players in the AI market, while experts caution about the potential risks and ethical implications of developing artificial super intelligence. Policymakers must find a balance between promoting the benefits of AI and mitigating its risks to ensure that it is used for the betterment of society.
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