BCCP Conference and Policy Forum 2024 AI: Prospects, Challenges, and Regulation (I)

Recent developments in Artificial Intelligence (AI), such as the much-discussed capabilities and limitations of generative language models like GPT-4, and their policy implications for competition and regulation are the focus of this year's conference.
The EU's AI Act could be one of the first steps towards global regulation of AI technologies. On the one hand, task-based predictive systems and new generative tools can improve the allocation and use of resources, enable innovation, and increase welfare.
On the other hand, uncontrolled deployment and concentration of power could lead to disruption and societal harm, not only in high-risk use cases of AI. In this conference, we will discuss recent developments and regulatory initiatives and provide an outlook on future challenges.
This video is the first part of the conference.
Session 1: Shaping and Governing AI for Today and Tomorrow
The much-discussed capabilities and limitations of generative language models like GPT-4 have stirred controversies about how AI is and will be changing economic and societal outcomes. While AI tools are propagating fast in many applications, much uncertainty persists, which requires further technological innovations, experimentation, and careful policy design. The EU's AI Act is one attempt to guide the application of AI in areas of varying risk but its ability to foster beneficial innovation and sustainable growth is yet to be proven. Do we have clear definitions in policy discussions? What are the fundamental challenges in using AI for the societal benefit? Can AI risks be analyzed by regarding predictive systems in isolation or do they require taking a stance on potentially diverging objectives in organizations and society? How can we discuss AI alignment in concrete terms? What is the role of designers of AI tools? Can AI governance keep up with its deployment and use in practice?
Joanna Bryson (www.joannajbryson.org/)
Professor of Ethics and Technology, Hertie School of Governance
Flavio Calvino (sites.google.com/view/flavioc...)
Team Leader, Productivity, Innovation and Entrepreneurship Division, OECD
Joshua Gans (www.joshuagans.com/)
Professor of Strategic Management, University of Toronto
Maximilian Kasy (maxkasy.github.io/home/)
Professor of Economics, Oxford University
Moderated by Hannes Ullrich, DIW Berlin and University of Copenhagen (www.diw.de/de/diw_01.c.428317...)