Microsoft CEO Satya Nadella says global consensus on AI is emerging?

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1. Microsoft CEO Satya Nadella said Tuesday he sees global consensus emerging when it comes to artificial intelligence.
2. Even though regulatory approaches to the tech may differ from one jurisdiction to another countries are talking about AI in a similar way.
3. Speaking at the World Economic Forum in Davos, Switzerland, Nadella said he feels there is a need for global coordination on AI and agreeing on a set of standards and appropriate guardrails for the technology.
4. A global regulatory approach to AI is very desirable because we are now at this point where these are global challenges that require global norms and global standards speaking in conversation with WEF Chair Klaus Schwab.
5. Otherwise it is going to be very tough to contain tough to enforce and tough to quite frankly move the needle even on some of the core research that is needed.
6. Microsoft is a major player in the race among big U.S. technology companies toward AI.
7. Washington-based tech giant has put billions of dollars into OpenAI the firm behind the popular AI chatbot ChatGPT.
8. Microsoft CEO Satya Nadella said he feels there is a need for global coordination on AI and agreeing on a set of standards and appropriate guardrails for the technology.
9. Microsoft is a major player in the race among big U.S. technology companies toward artificial intelligence and has put billions of dollars into OpenAI the firm behind the popular AI chatbot ChatGPT.
10. Nadella said he is unsure if a global agency for regulating AI is possible but added that he sees countries talking about applying safeguards to AI in the same way.
11. The company first invested in OpenAI in contributing $1 billion in cash.
12. Microsoft then grabbed headlines last year when it reportedly poured a further $10 billion into OpenAI with its total investment to date reportedly swelling to $13 billion.
13. Microsoft has also integrated some OpenAI technology into its Office Bing and Windows products and provides OpenAI with its own Azure cloud computing tools.
14. Countries have been pushing for consensus on rules governing AI in response to concerns that the technology could put millions of people out of work and disrupt elections among other things.
15. Last year at an AI safety summit in the U.K. world leaders agreed on a landmark declaration to come together on global standards and frameworks for developing AI safely.
16. If we had to sort of summarize the state of play the way we think we are all talking about it is that it is clear that when it comes to large language models you should have real rigorous evaluations and red teaming and safety and guardrails before we launch anything new.
17. Red teaming is a term describing the testing of AI vulnerabilities.
18. And then when it comes to applications we should have a risk-based assessment of how to deploy this technology.
19. Nadella said he was unsure if a global AI agency to establish coordination on regulating AI was possible but added that he sees countries talking about applying safeguards to AI in the same way.
20. If you are deploying it in health care you should apply health care regulations to AI.
21. If you are deploying it in financial services you should deploy the financial risks or considerations.