Some of the controversies are easier to manage. The machine learning driven by generative AI has already shown its value in speedy and reliable early indication of diseases, for example. We are at the earliest stages of discovering how these new technologies can enhance productivity in many fields.
![A green wireframe model covers an actor’s lower face during the creation of a synthetic facial reanimation video, known alternatively as a deepfake, in London, Britain, on February 12, 2019. Photo: Reuters TV via Reuters](https://usercontent.one/wp/www.asiabusinessalert.com/wp-content/uploads/2024/02/Why-chipmakers-stock-surge-is-no-guarantee-of-AI-revolutions.jpg)
Opinions range widely on the extent of risk, though, and agreements on how best to regulate are not likely to be reached any time soon.
Even if this latest technological revolution is real, it is also clear that it will take years for many companies across the world to experience any beneficial impact. Companies and consumers in poorer countries will be left behind. The machine learning driven by the new AI technologies needs prodigious computing power and access to reliable electricity – not a small matter for the 775 million people worldwide who lack access to electricity.
AI regulation will help drive growth – the biggest tech companies know this
AI regulation will help drive growth – the biggest tech companies know this
A sobering thought, but for the time being I think we can borrow a well-known phrase and say reports of humankind’s death have been greatly exaggerated.
David Dodwell is CEO of the trade policy and international relations consultancy Strategic Access, focused on developments and challenges facing the Asia-Pacific over the past four decades