• Corpus ID: 55452775

The Dilemma of Regulating Artificial Intelligence

@article{Sharma2017TheDO,
  title={The Dilemma of Regulating Artificial Intelligence},
  author={Sharad Sharma},
  journal={TIJ's Research Journal of Economics \& Business Studies - RJEBS},
  year={2017},
  volume={7}
}

• Sharad Sharma
• Published 12 February 2017
• Computer Science
• TIJ's Research Journal of Economics & Business Studies - RJEBS

Abstract Today we live in a digital age. It is an evolutionary phase characterized by shift from industrialized economy to an economy based on information computerization.  The definition of digital keeps changing over time as new technologies emerge and through avenues of research and development make new methods of interaction with other humans and devices possible. This evolution of technology in our day to day life and social structure has made technological advancements a center pillar of social evolution and has led to the creation of knowledge based society. Intelligent machines are transforming our lives in nearly every aspect including human interactions with each other as well as with digital entities. Today, when we have a question, we do not ask another human at first but we tend to depend more on quickness of search engines or personal digital assistance available in different sizes and makes. This ability of machines to mimic “cognitive functions” that human associate with other human minds such as learning and problem solving is knows as Artificial intelligence. There is so much potential for AI development that it’s getting harder to imagine a future without it, but there are serious ethical and moral issues attached as well. Shall we use this technology to build self-controlled fighting bots? Some support this idea with a view that it helps save human life lost in battles but it also create a possibility that such self-learning and self-controlling machines could pose a serious threat to existence of humanity. With ever evolving AI systems and self-learning and self-improving applications, there is conceptually a tipping point, for advancement of artificial intelligence: the point of “Singularity” – the point in time when machines will overtake humans as the most intelligent being on earth. After realizing this “technological singularity,” machines will continue to advance and develop more advance technologies that will result in dramatic and unpredictable changes for humanity. Should we regulate artificial intelligent technology and its usage? Artificial Intelligence is a fundamental field of research. Any fundamental research field should not be regulated just because there is a possibility of unintended use of it. All fundamental research fields could have unintended outcomes, but regulating them at the fundamental level would inevitably obstruct progress, some of which could have a much more positive influence than we can foresee now. This does not mean we should not be concerned and should not have any oversight over the application of this technology. But it is equally important to keep the creative and innovative elements of any technology alive and progressive. We should be careful that intention is only to regulate and not hinder the progress especially when most of the positive and negative outcomes are still hypothetical.