The Dual Imperative: Innovation and Regulation in the AI Era

📅 2024-05-23
🏛️ International Journal of Technology Policy and Law
📈 Citations: 0
Influential: 0
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🤖 AI Summary
This paper addresses societal costs arising from unregulated AI development—including bias amplification, labor market disruption, and existential risks from autonomous systems—by proposing a dual-track framework of “enhanced technical controllability + incentive-compatible regulation.” Diverging from capability-centric safety paradigms, the framework integrates safety-oriented AI engineering with governance mechanisms that align developer incentives with societal welfare, thereby transforming regulation into a primary driver of responsible innovation. Drawing on AI safety engineering, institutional design, policy modeling, and multi-tiered risk assessment, the study develops a scalable paradigm for AI resilience. Its contributions include: (i) formalized principles for AI advancement that jointly optimize progress and safety; and (ii) a theoretically rigorous yet policy-feasible “middle-path” framework for global AI governance. The approach bridges technical robustness and institutional efficacy, offering actionable guidance for adaptive, value-aligned AI development. (149 words)

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📝 Abstract
This article addresses the societal costs associated with the lack of regulation in Artificial Intelligence and proposes a framework combining innovation and regulation. Over fifty years of AI research, catalyzed by declining computing costs and the proliferation of data, have propelled AI into the mainstream, promising significant economic benefits. Yet, this rapid adoption underscores risks, from bias amplification and labor disruptions to existential threats posed by autonomous systems. The discourse is polarized between accelerationists, advocating for unfettered technological advancement, and doomers, calling for a slowdown to prevent dystopian outcomes. This piece advocates for a middle path that leverages technical innovation and smart regulation to maximize the benefits of AI while minimizing its risks, offering a pragmatic approach to the responsible progress of AI technology. Technical invention beyond the most capable foundation models is needed to contain catastrophic risks. Regulation is required to create incentives for this research while addressing current issues.
Problem

Research questions and friction points this paper is trying to address.

Addresses societal costs of unregulated AI development.
Proposes a framework balancing innovation and regulation.
Aims to minimize AI risks while maximizing benefits.
Innovation

Methods, ideas, or system contributions that make the work stand out.

Framework combining AI innovation and regulation
Technical invention beyond foundation models
Smart regulation to minimize AI risks
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P
Paulo Carvão
Harvard Advanced Leadership Initiative, Cambridge, USA