New technologies often bring calls for new regulation. A current example is artificial intelligence (AI)—the creation of machines that think and act in ways that resemble human intelligence.
There are plenty of AI optimists and AI pessimists. Both camps see the need for government intervention. Microsoft founder Bill Gates, who believes AI will “allow us to produce a lot more goods and services with less labor,” foresees labor force dislocations and has suggested a robot tax. Tesla’s Elon Musk, who believes AI presents a “fundamental risk to the existence of human civilization,” calls for…(Read the Full Article on Industry Week)