The success of the first global summit on artificial intelligence, set to be hosted by Britain this autumn, rests largely on whether China will attend, a leading AI expert has told The National.
Prime Minister Rishi Sunak is attempting to spearhead an international coalition on AI safety amid warning from industry bosses that technology being developed could lead to many humans being killed if proper safeguards are not introduced.
His desire to place Britain at the forefront of the movement has been received well, but those with a stake in the gathering are holding their breath to see whether Beijing will be sent an invite.
The UK government has yet to announce a guest list or date for the meeting.
‘Don’t ignore China’
Professor Max Tegmark, a physicist and AI researcher at the Massachusetts Institute of Technology, said if a Chinese delegation are at the table the event has the potential to be a “turning point” for AI safety standards.
But he warned a snub from London could be perceived by Beijing as a murky plot by the West to use AI against its interests.
“If they do it without China it may make things worse in that it could make China feel that Britain and the West are trying to weaponise AI against it,” Prof Tegmark told The National.
“It’s great that the UK has taken this initiative because change really needs to happen at global level.”
Announcing the summit during a visit to the US in June, Mr Sunak said the time has come to instigate a “global effort” to make sure AI is “developed and used in a way that is safe and secure”.
Prof Tegmark, who cofounded the Future of Life Institute in 2014 to research and reduce risks posed by AI, said China is “limiting what AI can do” while the West stands idly by.
Rather than competing with the Chinese on the AI front, Britain, the US and their allies should look to join forces with the superpower, he added.
The researcher said the summit should have two main goals: to reach a joint communique from world leaders committing to improving AI safety to protect humans, and to recognise that working together in this area will benefit all nations.
Humans vs machines
Matt Clifford, an adviser to Mr Sunak, has said AI could reach an advanced stage where it could "kill many humans" if not kept under control.
AI technology that is being developed now could eventually become “more powerful than the US government” which would represent a direct threat to democracy, he warned.
“It’s obvious that if we can get it right the US, UK, China and other countries will dramatically get richer than they are today,” he explained.
“It’s important to remember that with future AI it will not be us vs them in terms of the East vs West. It will be us vs it, humans vs machines.
“AI has the potential to become the most dangerous thing ever. It’s going to become so powerful that this new technology will be a new species.
“We are going to have to make this safe or we could get wiped out.
“It’s important that Rishi Sunak really gets this. He may be one of the few world leaders who gets it, in which case it is awesome. But if he does not invite China I will withdraw this statement.
“I’m sure China would be happy to accept an invite.”
'Address dangerous rise in deepfakes'
Robert Pritchard, director of The Cyber Security Expert, a consultancy firm based in the West Midlands in England, said the current climate will provide much subject matter for the discussions, pointing to the rise in deepfakes.
This type of AI is used to create convincing images, audio or video hoaxes.
Politicians and celebrities have fallen victim to such technology.
DeepMedia, an American start-up that detects fake media online, estimated that 500,000 video and voice deepfakes would be shared on social media sites around the world in 2023.
The Electoral Commission, Britain’s electoral watchdog, issued a warning earlier this year saying current laws preventing political disinformation were “very old and really need to be updated”.
Mr Pritchard said highlighted the “dangerous” rise of deepfake technology and its spread on social media.
Online platforms are already being used by scammers to defraud people on a mammoth level, he said, and the government has yet to get on top of the problem.
He said fraud needs to be tackled head on in the current climate, instead of policymakers waiting for technological advancements to exacerbate the problem.
“It is foolish to think that AI advancements could cause online fraud to grow into a exponential problem because it already is a problem,” he told The National.
“I would like the government to have a specific focus on cyber fraud. We don’t do a particularly good job of clamping down on international gangs and organised crime.
“I think fraud should be in focus but I don’t think it needs special focus because of AI.”
The lack of certainty around the timing of the summit is reported to have irked Britain’s allies.
Oliver Dowden, the UK’s deputy prime minister, initially said a date in December had been earmarked. But multiple reports suggested it will be held in November.
A spokesman for the UK government said the details of the AI summit were still being finalised.
In a statement, the government said the event will bring together “key countries, as well as leading technology companies and researchers, to drive targeted, rapid international action and to build on developing the regulatory guardrails we need for the safe and responsible development of AI.”
“Our AI White Paper sets out a proportionate and adaptable approach to AI regulation to support its responsible development and deployment in the UK, as well as ensuring the right guardrails are in place to address any risks that may arise. We’ll set out further details on the summit due course.”
The UK published its AI White Paper in March, outlining its vision to adapt to the fast-moving developments of artificial intelligence in a strategy based on five principles including safety, transparency and fairness.
Britain’s AI industry contributed £3.7 billion to the economy and employed 50,000 people in 2022.
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Global state-owned investor ranking by size
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Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
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Greatest Royal Rumble results
John Cena pinned Triple H in a singles match
Cedric Alexander retained the WWE Cruiserweight title against Kalisto
Matt Hardy and Bray Wyatt win the Raw Tag Team titles against Cesaro and Sheamus
Jeff Hardy retained the United States title against Jinder Mahal
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AJ Styles remains WWE World Heavyweight champion after he and Shinsuke Nakamura are both counted out
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Braun Strowman won the 50-man Royal Rumble by eliminating Big Cass last
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England Test squad
Ben Stokes (captain), Joe Root, James Anderson, Jonny Bairstow, Stuart Broad, Harry Brook, Zak Crawley, Ben Foakes, Jack Leach, Alex Lees, Craig Overton, Ollie Pope, Matthew Potts
Other ways to buy used products in the UAE
UAE insurance firm Al Wathba National Insurance Company (AWNIC) last year launched an e-commerce website with a facility enabling users to buy car wrecks.
Bidders and potential buyers register on the online salvage car auction portal to view vehicles, review condition reports, or arrange physical surveys, and then start bidding for motors they plan to restore or harvest for parts.
Physical salvage car auctions are a common method for insurers around the world to move on heavily damaged vehicles, but AWNIC is one of the few UAE insurers to offer such services online.
For cars and less sizeable items such as bicycles and furniture, Dubizzle is arguably the best-known marketplace for pre-loved.
Founded in 2005, in recent years it has been joined by a plethora of Facebook community pages for shifting used goods, including Abu Dhabi Marketplace, Flea Market UAE and Arabian Ranches Souq Market while sites such as The Luxury Closet and Riot deal largely in second-hand fashion.
At the high-end of the pre-used spectrum, resellers such as Timepiece360.ae, WatchBox Middle East and Watches Market Dubai deal in authenticated second-hand luxury timepieces from brands such as Rolex, Hublot and Tag Heuer, with a warranty.
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- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
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Favourite book: ‘The Art of Learning’ by Josh Waitzkin
Favourite film: Marvel movies
Favourite parkour spot in Dubai: Residence towers in Jumeirah Beach Residence
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Key changes
Commission caps
For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:
• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term).
• On the protection component, there is a cap of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).
• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated.
• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.
• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.
Disclosure
Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.
“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”
Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.
Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.
“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.
Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.
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Winner Zaajer, Fernando Jara, Ali Rashid Al Raihe
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The Africa Institute 101
Housed on the same site as the original Africa Hall, which first hosted an Arab-African Symposium in 1976, the newly renovated building will be home to a think tank and postgraduate studies hub (it will offer master’s and PhD programmes). The centre will focus on both the historical and contemporary links between Africa and the Gulf, and will serve as a meeting place for conferences, symposia, lectures, film screenings, plays, musical performances and more. In fact, today it is hosting a symposium – 5-plus-1: Rethinking Abstraction that will look at the six decades of Frank Bowling’s career, as well as those of his contemporaries that invested social, cultural and personal meaning into abstraction.
