The US government is considering legislation to help society adapt to the introduction of artificial intelligence.
Early users of this technology are already seeing improvements in labor productivity. For example, his buy now, pay later financial services provider Klarna estimates that its AI assistant tools will increase his profits by $40 million by the end of 2024.
“We’re basically doing the work of 700 full-time agents,” Klarna CEO Sebastian Siemiatkowski said in an interview with CNBC. “Basically, he was able to handle two-thirds of all the errands we received on chat.”
Klarna’s AI assistant tool is built on OpenAI’s systems that power both ChatGPT and Sora, two products that have garnered attention from both the general public and Congress.
In 2023, members of Congress hosted panel discussions, private dinners, and learning sessions with prominent technology executives, including OpenAI CEO Sam Altman.The White House subsequently asked Commitments from 15 private industry leaders We help legislators identify risks and understand the best ways to take advantage of new technology. The list includes startups like Anthropic and OpenAI, as well as big names in the technology space.
The Senate Select Committee on AI, established in 2019, has passed at least 15 bills focused on research and risk assessment. However, when comparing the measures passed by the European Union in 2024, the US regulatory environment appears relatively relaxed.
“In Brussels, they’re creating a lot of bureaucratic rules that make it difficult for companies to innovate,” Erik Brynjolfsson, a senior researcher at Stanford University’s Institute for Human-Centered AI, told CNBC in an interview. “The entrepreneurial environment is not like it is in the United States.”
Economists have long worried that artificial intelligence could reduce the employment prospects of white-collar workers, similar to the impact globalization has had on blue-collar workers in the past. According to a study by the International Monetary Fund, at least 60% of jobs in developed countries will be exposed to changes resulting from the widespread implementation of artificial intelligence.
In 2023, New York state lawmakers proposed a measure that would limit the anticipated impact of technology-driven layoffs with a robot tax. The idea is to introduce costs to companies that use technology to lay off workers in the state. As of April 2024, the bill remains in committee and its future is uncertain.
Many economists argue that any robot tax should be set at a relatively low level. In the US, both the employer and the employee face payroll taxes of 7.65% of his income. But researchers at the Massachusetts Institute of Technology say the optimal robot tax rate is between 1% and 3.7%.
“It’s good for us to have production and productivity, so I don’t know if we want to tax them,” Brynjolfsson said. “Robots are part of what will drive the growth of technology and bring higher productivity.”
“There will come a time in the future when robots will be able to do most of the things that humans do today,” Brynjolfsson said. “We’re not there yet.”
please look video Read above to learn more about the US government’s plans to regulate artificial intelligence.
