Governments, Firms Should Spend More on AI Safety, Top Researchers Say

Artificial intelligence companies and governments should allocate at least one third of their AI research and development funding to ensuring the safety and ethical use of the systems, top AI researchers said in a letter on Tuesday.
The letter, issued a week before the international AI Safety Summit in London, lists measures that governments and companies should take to address AI risks.
“Governments should also mandate that companies are legally liable for harms from their frontier AI systems that can be reasonably foreseen and prevented,” according to the letter, signed by three Turing Award winners, a Nobel laureate, and more than a dozen top AI academics.
Currently there are no broad-based regulations focusing on AI safety, and the first set of legislations by the European Union is yet to become law as lawmakers are yet to agree on several issues.