Promise Over Peril: Part One
The Realities and Risks of Generative AI
The rapid development and proliferation of generative artificial intelligence (GenAI) is fueling both excitement and apprehension across governments, industry, and civil society – as generative AI applications are increasingly embedded into communications platforms, infrastructure networks, and defense systems around the world. While holding the potential to transform everything from global health to trade and development, concerns about the inability to control outcomes and potential weaponization of generative AI across military, cyber and other applications persist. And as is often the case with advanced technologies, AI development and deployment is far outpacing policy and regulatory frameworks, with lawmakers and regulators around the world scrambling to understand the technology and craft policies that can guide responsible development and harness the innovative potential of generative AI while mitigating competitive threats and security risks.
What are the rules, norms, and ethical standards that must be put in place now by the US and like-minded state and non-state allies to strengthen innovative potential and minimize risks? How can we avoid a destabilizing AI arms race with China or other actors? Amid hype, hyperbole, and a race to regulate, Foreign Policy in partnership with the Special Competitive Studies Project (SCSP) held a level-setting conversation regarding the realities, risks, and opportunities surrounding generative AI and what policies, investments, and partnerships are needed to to harness its innovative potential for greater competitiveness and security.
This event was the first in a six-part series on the future of generative AI produced in partnership between Foreign Policy and Special Competitive Studies Project (SCSP). For more on the topic, you can read SCSP’s comprehensive report here.