The next few years will be an exciting time for artificial intelligence, and we can expect to see AI becoming even more commonplace. Generalist knowledge-based AIs like ChatGPT have captured everyone’s attention, but progress will be rapid in specialist AI too. AI-backed algorithms for forecasting renewable output could help the transition to a greener electricity grid, and AI-powered processing of medical images could see doctors making better and quicker diagnoses.
Alongside the greater prevalence, we will be entering an era of greater regulation to protect the safety and rights of citizens. The regulatory outlook is evolving quickly but is still uncertain. This makes it a challenging time for AI developers as the AI products of the future will need to comply with as-yet-unknown regulations.
Dr Georgina Lang, a Senior Mathematical Consultant at Smith Institute has developed a useful insight to help balance innovation and adherence to currently unknown regulations.
Read the full insight here: Innovating in an unknown regulatory environment