Sunday, September 10, 2023

#AI ChatGPT – OpenAI: Should we citizens supervise what artificial intelligence regulators are up to?

I asked OpenAI:

"Those officially wanting to regulate artificial intelligence might, wittingly or unwittingly, pursue interest that differs from those of ordinary citizens. Would it be beneficial to have a continuously renewed Citizens Board review what AI regulators do?"

OpenAI answered:

"Having a continuously renewed Citizens Board to review the actions and decisions of AI regulators can be a beneficial approach to ensure that the interests of ordinary citizens are taken into account and that the regulation of artificial intelligence remains transparent, fair, and aligned with the broader public interest. Here are some potential advantages and considerations:

1. Representation of Diverse Perspectives: A Citizens Board can include members from various backgrounds, demographics, and expertise, providing a more comprehensive and inclusive perspective on AI regulation. This diversity can help in identifying potential biases, addressing unintended consequences, and promoting fairness.

2. Public Accountability: A Citizens Board can act as a mechanism for holding AI regulators accountable to the public. This can help prevent regulators from pursuing interests that do not align with the well-being of ordinary citizens.

3. Transparency: The presence of a Citizens Board can enhance the transparency of the AI regulatory process. Citizens can have access to information about the decisions made by regulators and the reasoning behind them, fostering trust in the regulatory framework.

4. Continuous Adaptation: The renewal of the Citizens Board at regular intervals can ensure that the board remains up-to-date with evolving AI technologies and their societal impacts. This adaptability can help regulators make informed decisions in a rapidly changing landscape.

5. Community Engagement: Involving citizens in the regulatory process can encourage public engagement and awareness regarding AI technologies. This can lead to more informed discussions and a better understanding of AI's benefits and risks.

However, there are also some challenges and considerations to keep in mind:

1. Expertise and Balance: It's crucial to strike a balance between including diverse perspectives and ensuring that the Citizens Board has access to the necessary expertise to make informed recommendations. AI is a complex field, and the board should have access to relevant knowledge.

2. Political Influence: There is a risk that the appointment or renewal process of the Citizens Board could be influenced by political agendas. Care must be taken to ensure that the board remains independent and focused on the public interest.

3. Resource Requirements: Maintaining a Citizens Board requires resources, including funding and administrative support. These resources should be allocated effectively to ensure the board can fulfill its role.

4. Timeliness: The regulatory process needs to be efficient and timely. Involving a Citizens Board should not unduly delay decision-making processes, especially in cases where swift action is needed.

In summary, a continuously renewed Citizens Board can be a valuable component of AI regulation, helping to ensure that the interests of ordinary citizens are considered and that the regulatory process remains transparent and accountable. However, careful attention must be paid to its composition, independence, and resources to ensure that it functions effectively without hindering the regulatory process."

Thank you!

"You're welcome! If you have any more questions or need further information, feel free to ask. I'm here to help!"

Note: The answers are copied exactly from those given to me by OpenAI

Comment: When they’re no longer able to ignore it, imagine how bank regulators, e.g., Basel Committee and FSB, will beg the #AI regulators to silence my dialogues with #ChatGPT #OpenAI about the risk weighted bank capital/equity requirements.