Why is it getting harder and more expensive to access data? Because a strong controversy has been generated with three issues, one copyright, two privacy and regulation issues, three data monetization.
Altman himself was on May 16 at the US Senate where he testified that “’the use of artificial intelligence to interfere with the integrity of elections is a ‘significant cause for concern’”, adding that it needs regulation. For months, companies large and small have rushed to bring an AI to the market increasingly versatile, throwing endless amounts of data and billions of dollars into the challenge.Some critics fear the technology will exacerbate societal harm, including bias and misinformation, while others warn that AI could wipe out own humanity”. That last sounds perhaps a bit exaggerated… but we know that the creator of ChatGPT Geoffrey Hinton himself, who has been called the “Godfather of AI”, confirmed on May 3 that he left his position at Google to speak of the “dangers” of the technology he helped develop.
We are on the edge of a new technology. As never seen before, there are contradictions, fears, excitement, and money to be made. It is something so revolutionary that it has us looking into an abyss and the uncertainty of the abyss as humanity has always caused tensions.
As a VC, I choose to be a fan of human innovation power and adaptability. In addition, this is already a “genius that came out of the bottle” we cannot contain it, we will have to deal with it, a bit like climate change is being done, with which we live and seek resilience, we seek climate justice, we all seek be better with the current conditions, yes, maybe reverse them but above all find solutions.
I therefore believe that startups have an important role to play in this process. By developing new technologies and ethical and responsible business models, startups can help shape the future of AI in a positive way. This requires a commitment to transparency, diversity and social responsibility.
Editor’s note: Fabrice Serfati is a Venture Capitalist expert in disruptive businesses in Latam, Managing Director and Partner at IGNIA Fund, mentor of brave and outstanding entrepreneurs. He is the creator of the #ReadToLead podcast and the Founder’s Book Club. follow him on Twitter me in LinkedIn . The opinions published in this column belong exclusively to the author.
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