Microsoft, Google and Meta all acknowledge that AI poses risks

Artificial intelligence seems to be everywhere these days, but some of the tech industry's largest companies are finally starting to recognize the risks it poses.

AI has been one of the biggest topics of discussion in the tech industry since OpenAI made ChatGPT publicly available in November 2022. In the months since then, companies like Google, Meta, and Microsoft have invested heavily in AI efforts.

Big tech companies have been vocal about their plans to join the AI ​​arms race, but more recently they've quietly mentioned how it could actually be harmful to their business.

Google's parent company Alphabet said in its 2023 annual report that its AI products and services “may give rise to ethical, technical, legal, regulatory and other challenges that may adversely affect our brand and demand.”

Similarly, Meta, Microsoft and Oracle have also listed concerns about AI in their Securities and Exchange Commission filings, usually in the “risk factors” section, Bloomberg reports.

Microsoft said its generative AI capabilities “may be subject to unanticipated security threats from sophisticated adversaries.”

“The development and deployment of AI involves significant risks, and there can be no assurance that our use of AI will improve our products or services or be beneficial to our business, including efficiency or profitability,” Meta's 2023 annual report said.

Meta further cited several ways in which generative AI could negatively impact users and expose the company to lawsuits, including misinformation (especially during elections), harmful content, intellectual property infringement, and data privacy.

But there are concerns among the public about AI making some jobs obsolete, large-scale language models trained on personal data, and the spread of misinformation.

On June 4, a group of current and former OpenAI employees signed a letter to the tech company, demanding that it do more to mitigate risks from AI and protect employees who raise questions about its safety.

These issues range from “the further entrenchment of existing inequalities, to manipulation and misinformation, to the potential extinction of humanity due to loss of control over autonomous AI systems,” the letter said.

Meta, Google, and Microsoft did not immediately respond to Business Insider's requests for comment.

Sources 1/ https://Google.com/ 2/ https://www.businessinsider.com/microsoft-google-meta-all-admitting-the-risks-ai-poses-2024-7 The mention sources can contact us to remove/changing this article

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