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Speed of AI development is outpacing risk assessment | Traditional methods of evaluating accuracy and safety are flawed
Traditional methods of evaluating accuracy and safety are flawed.
The increasing power of the latest artificial intelligence systems is stretching traditional evaluation methods to the breaking point, posing a challenge to businesses and public bodies over how best to work with the fast-evolving technology. The accelerating technology race sparked by the 2022 release of OpenAI’s chatbot ChatGPT and fed by tens of billions of dollars from venture capitalists and big tech companies, such as Microsoft, Google, and Amazon, has obliterated many older yardsticks for assessing AI’s progress. US President Joe Biden issued an executive order last year calling on government bodies including the National Institute of Standards and Technology to produce benchmarks for evaluating the risks of AI tools.
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