Eighty years ago, the godfather of science fiction, Isaac Asimov, anticipated our current debate about artificial intelligence. Recognising AI’s potential, Asimov devised the ‘Three Laws of Robotics’ – their guiding principle being that no robot should ever harm a human. Although rooted in fiction, Asimov’s Laws have never been more relevant. As AI becomes increasingly embedded in our economy and society, many are calling for similar laws and principles to be applied to this rapidly developing technology.
But with few AI regulatory frameworks yet in place, and global powers already diverging in their approach, the regulation question is not a simple one. We know that AI is already having a profound impact on our everyday lives, from autonomous vehicles on our roads to accelerated drug development in hospitals and document automation in law. So, how can we derive benefits from this incredible technology whilst still striking a balance with consumer protection?
