Sitting in a purpose-built hut in the grounds of the historic Bletchley Park country estate, British officials believed they had pulled off a diplomatic coup. On stage in front of them was the UK’s technology secretary, Michelle Donelan, and behind her were high-level representatives from the US and China, together for the first time to discuss the international regulation of artificial intelligence. Even better, both countries were among 28 signatories to the “Bletchley declaration”,an agreement to work together on safety standards that may prevent AI systems turning on humanity. Rishi…
Tag: Artificial intelligence (AI)
UK, US, EU and China sign declaration of AI’s ‘catastrophic’ danger
The UK, US, EU and China have all agreed that artificial intelligence poses a potentially catastrophic risk to humanity, in the first international declaration to deal with the fast-emerging technology. Twenty-eight governments signed up to the so-called Bletchley declaration on the first day of the AI safety summit, hosted by the British government. The countries agreed to work together on AI safety research, even amid signs that the US and UK are competing to take the lead over developing new regulations. Rishi Sunak welcomed the declaration, calling it “quite incredible”…
US orders immediate stop to some AI chip exports to China; Lloyds profits up but lending margins fall – business live
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Reckitt, the maker of Dettol bleach and Finish dishwasher products, has missed sales expectations as revenues dropped 3.6% year-on-year in the third quarter. 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US orders immediate halt to some AI chip exports to China, says Nvidia
The chip designer Nvidia has said the US has told it to bring in new curbs on the export of some of its high-end artificial intelligence chips to China immediately as regulators advanced the deadline. The restrictions were supposed to come into play 30 days after 17 October, when the Joe Biden administration announced measures to stop countries, including China, Iran and Russia, from receiving advanced AI chips designed by Nvidia and others. Nvidia did not say why the US government had accelerated the timing but does not expect a…
Rishi Sunak considers banning Chinese officials from half of AI summit
Rishi Sunak is considering banning Chinese officials from half of his artificial intelligence safety summit in November, amid growing concern over widespread spying by Beijing on western governments. Downing Street has already invited China to attend the summit, which will be held in early November at Bletchley Park and is set to shape the international community’s approach to AI for years to come. The invitation has attracted some criticism in the wake of recent revelations that a parliamentary researcher was arrested earlier this year on suspicion of spying for China.…
US restricts exports of Nvidia AI chips to Middle East
The US has expanded the restriction of exports of Nvidia artificial intelligence chips beyond China to some countries in the Middle East. Nvidia, which is one of the world’s most valuable companies at $1.2tn, said in a regulatory filing this week the curbs affected its A100 and H100 chips, which are used to accelerate machine-learning tasks on major artificial intelligence apps, such as ChatGPT. The firm said the controls would not have an “immediate material impact” on its results. It did not say which countries in the Middle East were…
Chinese economic slowdown is a result of debt supercycle | Kenneth Rogoff
The 2008 financial crisis in the US kicked off a debt supercycle, which spread to Europe in 2010 and has recently engulfed many of the world’s low-income and lower-middle-income countries. Could the debt woes of Country Garden, the behemoth Chinese real estate developer now facing billions of dollars in losses, augur the cycle’s next turn? The answer remains unclear. While the Chinese authorities have a remarkable track record when it comes to containing economic crises, the challenges posed by a significant growth slowdown, combined with high debt levels – especially…
China’s Xi Jinping calls for greater state control of AI to counter ‘dangerous storms’
Chinese leader Xi Jinping and top officials have called for greater state oversight of artificial intelligence as part of work to counter “dangerous storms” facing the country, state media reported. The president and other ruling Communist party officials agreed at a meeting of the National Security Commission to “improve security governance of network data and artificial intelligence”. “We must be prepared for worst-case and extreme scenarios, and be ready to withstand the major test of high winds, choppy waters, and even dangerous storms,” a readout of the meeting from official…
Chinese ChatGPT rival from search engine firm Baidu fails to impress
The Chinese search engine company Baidu’s shares have fallen by as much as 10% after the company unveiled its ChatGPT-like AI software, with investors unimpressed by the bot’s display of linguistic and maths skills. The artificial intelligence-powered ChatGPT, created by the San Francisco company OpenAI, has caused a sensation for its ability to write essays, poems and programming code on demand within seconds, prompting widespread fears over cheating or of professions becoming obsolete. Chinese tech companies have joined the global rush to develop rival software, with Alibaba and JD.com also…
‘Political propaganda’: China clamps down on access to ChatGPT
Chinese regulators have reportedly clamped down on access to ChatGPT, as Chinese tech firms and universities push forward with developing domestic artificial intelligence bots. ChatGPT, the popular discussion bot created by US-based OpenAI, is not officially available in China, where the government operates a comprehensive firewall and strict internet censorship. But many had been accessing it via VPNs, and some third-party developers had produced programs that gave some access to the service. Those programs have disappeared from WeChat accounts. Multiple reports have said that major tech firms including WeChat’s parent…