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Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees – Bitcoin News

Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees – Bitcoin News

This week, 2,600 tech industry moguls and entrepreneurs, including Elon Musk, Gary Marcus, and Steve Wozniak, signed an open letter requesting artificial intelligence (AI) labs to pause research and development for six months. The signatories believe that safety programs and regulations need to be strengthened, as they assert that AI labs are currently in an “out-of-control race to develop and deploy” this technology. On Thursday, Coinbase CEO Brian Armstrong disagreed with this approach, stating that people should not “let fear stop progress.”

The Debate on AI Safety: Tech Industry Leaders Call for a Pause in Development, Many Oppose the Idea

An open letter signed by 2,600 leaders and researchers in the tech industry recommends that AI labs pause their work for six months, and if they refuse, governments should impose a moratorium on development. The group believes that AI is “now becoming human-competitive at general tasks,” and asserts that powerful AI systems should be developed “only once we are confident that their effects will be positive and their risks will be manageable.”

“Unfortunately, this level of planning and management is not happening, even though recent months have seen AI labs locked in an out-of-control race to develop and deploy ever more powerful digital minds that no one — not even their creators — can understand, predict, or reliably control,” the open letter states. The signatories who signed the letter include Tesla CEO Elon Musk, politician Andrew Yang, AI author Gary Marcus, and Apple co-founder Steve Wozniak.

Furthermore, the letter notes that AI developers need to work with policymakers if they are creating powerful AI systems. The letter emphasizes that AI could threaten democracy and cause dramatic economic and political disruptions. However, while the letter has more than 2,000 signatories, not everyone agrees with pausing, and some have called it “ridiculous.” “Among all the obvious reasons why this temporary pause seems like a silly idea, I also can’t help feeling like this could be a knee-jerk reaction by the corporate elite after having seen just how easily this technology will make many of their goods and services irrelevant,” one individual wrote.

“This is a bad call. Only forward,” another individual tweeted. On Thursday, Coinbase CEO Brian Armstrong shared his opinion on the matter. Armstrong doesn’t think fear should stop progress and said that people should be…

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