Oxford researcher warns: AI poses major risks

Oxford researcher warns: AI poses major risks

Artificial intelligence (AI) is a dominant topic today, with companies like NVIDIA benefiting enormously from it. The US chip giant has positioned itself as an industry leader and is showing impressive growth in the value of its shares. This development reflects the ongoing AI hype that is present in both private and business environments.

AI researcher Sandra Wachter from the University of Oxford recently highlighted the enormous opportunities created by the use of artificial intelligence. Studies by McKinsey and Wyman show an additional economic potential of up to $340 billion through AI in various industries. Companies like Google and Morgan Stanley are already using AI tools for various purposes such as customer advice and reporting to improve efficiency and work processes.

Despite the promising outlook, Wachter warned investors about the risks associated with the application of AI. She highlighted the difficulties of using the technology correctly and trustworthy. There are still uncertainties, especially with chatbots, as they only calculate probabilities and have difficulty distinguishing between fiction and facts. Wachter warned against blindly trusting AI as the technology can often be flawed, which can be particularly dangerous in sensitive areas such as law, finance and health.

The researcher advocates clear limits and regulations when dealing with artificial intelligence in order to avoid undesirable effects. It emphasizes the need to train systems so that they can be clearly identified as software. Well-founded and appropriate regulation is a quality feature and a competitive advantage when dealing with AI technologies.

Overall, Sandra Wachter's warning highlights the complexity and potential risks associated with the use of AI. Despite the enormous opportunities presented by this technology, it is crucial to be aware of the challenges and take appropriate measures to regulate and control it.