While we don't want to leave regulation and enforcement to these private AI companies, traditional hardline legal frameworks don't work either, as this technology will evolve too rapidly for lawmakers to keep up. Therefore, a basic ethics guideline should be overseen by an independent regulatory body, free from both private and governmental overreach.
As lawmakers quickly look for ways to rein in the AI industry, including the White House's "AI Bill of Rights," we shouldn't forget the importance of technological innovation. Focusing solely on the potential harms of AI will cause us to lose sight of the groundbreaking positive impacts this technology can have on society.
There's a 50% chance the first weakly general AI system will be devised, tested, and publically known by March 2026, according to the Metaculus prediction community.