Proactive Investors - Microsoft Corporation (NASDAQ:MSFT), Amazon.com Inc (NASDAQ:AMZN) and OpenAI are among technology giants to have agreed on the likes of a “kill switch” as a safety measure on artificial intelligence.
Such measures would stop model’s development if safety can no longer be guaranteed and come under commitments signed at the Seoul AI Safety Summit on Tuesday.
These aim to create “red lines” around the emerging technology, after use of AI has boomed over the past year since the rollout of OpenAI’s ChatGPT.
Some 16 companies from the likes of the US, China, Canada, the UK, France, South Korea, and the UAE signed up to the commitments.
This also included Facebook (NASDAQ:META) owner Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB), Google (NASDAQ:GOOGL) and Samsung (KS:005930).
Each will develop safety frameworks around their AI models, discussing risks of bad actors using the technology for the likes of cyberattacks.
“It’s a world first to have so many leading AI companies from so many different parts of the globe all agreeing to the same commitments,” UK Prime Minister Rishi Sunak said.
“It sets a precedent for global standards on AI safety that will unlock the benefits of this transformative technology.”
Given the rapid appearance of AI recently, regulation is still relatively scarce, with fears having grown over its use for scams to misinformation to cyber attacks.
The EU looked to set a global benchmark with the approval of its AI Act on Tuesday, though rules elsewhere, such as in the US and UK, have so far taken a lighter touch.