According to a report by PwC, Artificial Intelligence is estimated to add $15,7 trillion to global GDP by 2030. Read about it here.
The AI industry is emerging rapidly and its vast reach into our society is hair-raising. It presents serious questions about liability, responsibility and governance.
A recent Forbes article highlights the debacle and rightfully so.
“The emerging artificial intelligence supply chain is effervescent and unstable. Startups, digital platforms, software suppliers, and hardware manufacturers are struggling to offer products, solutions, and business models to serve a growing demand from end users.”
With the demand for AI being so strong, new products can risk being rushed to market without sufficient testing.
So, who is to be held responsible
if when something goes terribly wrong one day?
The producer? The user? The operator?
Legislation ought to be ready and very clear on the frameworks for emerging AI technologies.
The recently released report on “Liability for Artificial Intelligence” from the European Commission is an important step in the right direction.
Read the full report here:
More here on AI.
Our favorite microcap in the AI space is Plyzer Technologies. (Plyzer Intelligence). The shares (OTCQB:PLYZ) are trading at the low range of their 52 week high-low at $.06. A 2020 10X on Plyzer is a cakewalk. Target $.75. 📈