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China’s new proposed law will strangle the development of AI – Source fastcompany.com

China’s internet watchdog, the Cyberspace Administration of China (CAC), recently issued a draft proposal of regulations to manage how technology companies use algorithms when providing services to consumers.

The proposed law mandates that companies must use algorithms to “actively spread positive energy.” Under the proposal, companies must submit their algorithms to the government for approval or risk being fined and having their service terminated.

This is an incredibly bad and even dangerous idea. It’s what happens when people who don’t understand AI try to regulate AI. Instead of fostering innovation, governments are looking at AI through their unique lenses of fear and trying to reduce the harm they worry about most. Thus, western regulators focus on fears such as violation of privacy, while Chinese regulators are perfectly okay with collecting private data on their citizens but are concerned about AI’s ability to influence people in ways deemed undesirable by the…

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Source : fastcompany.com

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