The Future of Open-Source AI and Its Global Implications with Professor S. Alex Yang, Professor of Management Science and Operations, London Business School

The rapid rise of AI brings both extraordinary potential and profound risks, demanding urgent global collaboration to ensure its safe development. In this episode, I’m joined by Professor S. Alex Yang, Professor of Management Science and Operations at the London Business School, to explore the complexities of regulating AI, the challenges of international collaboration, and the potential existential risks posed by AI development. With his extensive experience in AI and risk management, Professor Yang provides unique insights into the future of AI governance.Key Takeaways:(02:12) Professor Yang’s early AI experiences and his value chain research.(06:57) The biggest risks from AI, including existential risk and job displacement.(11:42) The debate on AI nationalism and the preservation of cultural heritage.(16:28) How China’s chip-making capacity could reshape AI competition.(21:13) Open-source versus closed-source AI models and the risks involved.(25:58) Why monitoring monopolies in AI is crucial for innovation.(30:44) How content creators can benefit from AI and how copyright law is evolving.(35:29) The importance of fair use standards for AI-generated content.(40:14) Data aggregation and its future role in AI development.(45:00) Professor Yang’s final thoughts on the need for agile, principle-based AI regulation.Resources Mentioned:Professor S. Alex Yang -https://www.linkedin.com/in/songayang/London Business School | LinkedIn -https://www.linkedin.com/school/london-business-school/London Business School | Website -https://www.london.edu/?utm_source=google&utm_medium=ppc&utm_campaign=MC_BRBRAND_ppc_google&sc_camp=760e17bef14a4b399386ef32e55393a8&gad_source=1&gclid=Cj0KCQjwo8S3BhDeARIsAFRmkON1oXbsOVjQ73dCIwrvngSGSF0PBYwWGVKRtCdil8ptF2vmAzcW7lEaAvCxEALw_wcB&gclsrc=aw.dsWorldCoin - https://worldcoin.org/The Case for Regulating Generative AI Through Common Law -https://www.project-syndicate.org/commentary/european-union-ai-act-could-impede-innovation-by-s-alex-yang-and-angela-huyue-zhang-2024-02Generative AI and Copyright: A Dynamic Perspective -https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4716233Thanks for listening to the Regulating AI: Innovate Responsibly podcast. If you enjoyed this episode, please leave a 5-star review to help get the word out about the show. And be sure to subscribe so you never miss another insightful conversation.#AIRegulation #AISafety #AIStandard