On Tuesday, Intel CEO Brian Krzanich informed CNBC that Artificial intelligence (AI) is still in its “infancy” and it is still too early to regulate the technology.
Major figures in the science and technology world have warned regarding the possible dangers of artificial intelligence. Elon Musk, the SpaceX and Tesla CEO, said that the AI race could provoke World War III, while on Monday, Stephen Hawking, the famed physicist, said that the said technology could be “the worst event in the history of our civilization.”
In February, lawmakers in the European Parliament even suggested rules to regulate AI and robotics.
However, Krzanich warned against any regulation of AI as of the moment.
“AI is only going to go into applications that we allow it to go into … it’s in its infancy,” said Krzanich to CNBC during a TV interview from the sidelines of the Web Summit technology conference that was held Lisbon, Portugal.
“It would be too early to do any kind of regulation today. What would you regulate around artificial intelligence today? We need to foster the innovation and allow it to grow. We are at the beginning stages of artificial intelligence.”
During the said interview, Krzanich spoke about the potential of AI to be used in healthcare, suggesting that it can be able to detect issues with people before a human can. The Intel CEO also made use of his keynote speech during the Web Summit to discuss where the company is using Artificial Intelligence and data in driverless cars and sports.
Numerous business leaders have warned regarding the huge impact that AI may have on jobs. However, Krzanich stated that the technology could help treat more people in medicine, for instance.
“Every time there has been a big shift in technology, go back to cars or airplanes, people thought the industries were going to die, people were going to be out of work. What happened is it shifted, and it actually augmented and allowed, even more, jobs, more opportunity, more commerce and so AI is going to do the same thing,” said Krzanich to the CNBC.
“It doesn’t mean there [are] less skilled workers, it means they are able to focus and we’re able to treat more people … we’re able to serve more of mankind with the skills that we have.”