Effects of the Artificial Intelligence Ethical Regulations on Society

Natalia Marinova
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Natalia Marinova: University of National and World Economy, Sofia, Bulgaria

Innovative Information Technologies for Economy Digitalization (IITED), 2024, issue 1, 99-106

Abstract: The development of Artificial Intelligence Systems has advanced remarkably in the last decade and has had a real impact on people, institutions and culture. The current research aspiration to create Artificial General Intelligence Systems can result in both enormous potential benefits (finding a cure for all known diseases, ending poverty, outstanding scientific achievements, etc.) and fatal consequences (ending the human race, military operations with armed machines, sufficient power to destroy the planet) for the human race. Properly addressing these risks requires timely adaptation of Artificial Intelligence legislation to the rapid development of the technology. This paper systematizes key international and national initiatives, policies, and acts for developing ethically responsible machine algorithms and artificial intelligence systems, as well as examines the effects of the Artificial Intelligence Act on society.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:nwe:iitfed:y:2024:i:1:p:99-106

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