The rapid rise of AI brings both extraordinary potential and profound risks, demanding urgent global collaboration to ensure its safe development. In this episode, Iā€™m joined by Professor S. Alex Yang, Professor of Management Science and Operations at the London Business School, to explore the complexities of regulating AI, the challenges of international collaboration, and the potential existential risks posed by AI development. With his extensive experience in AI and risk management, Professor Yang provides unique insights into the future of AI governance.

Key Takeaways:
00:00 Intro
02:12 Professor Yangā€™s early AI experiences and his value chain research.
06:57 The biggest risks from AI, including existential risk and job displacement.
11:42 The debate on AI nationalism and the preservation of cultural heritage.
16:28 How Chinaā€™s chip-making capacity could reshape AI competition.
21:13 Open-source versus closed-source AI models and the risks involved.
25:58 Why monitoring monopolies in AI is crucial for innovation.
30:44 How content creators can benefit from AI and how copyright law is evolving.
35:29 The importance of fair use standards for AI-generated content.
40:14 Data aggregation and its future role in AI development.
45:00 Professor Yangā€™s final thoughts on the need for agile, principle-based AI regulation.

Resources Mentioned:
Professor S. Alex Yang –
https://www.linkedin.com/in/songayang/
London Business School | LinkedIn –
https://www.linkedin.com/school/london-business-school/
London Business School | Website –
https://www.london.edu/?utm_source=google&utm_medium=ppc&utm_campaign=MC_BRBRAND_ppc_google&sc_camp=760e17bef14a4b399386ef32e55393a8&gad_source=1&gclid=Cj0KCQjwo8S3BhDeARIsAFRmkON1oXbsOVjQ73dCIwrvngSGSF0PBYwWGVKRtCdil8ptF2vmAzcW7lEaAvCxEALw_wcB&gclsrc=aw.ds
WorldCoin –
https://worldcoin.org/
The Case for Regulating Generative AI Through Common Law –
https://www.project-syndicate.org/commentary/european-union-ai-act-could-impede-innovation-by-s-alex-yang-and-angela-huyue-zhang-2024-02
Generative AI and Copyright: A Dynamic Perspective –
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4716233

About your host
Sanjay Puri is a recognized authority on US-India relations. He serves as the Chairman of the US-India Political Action Committee (USINPAC), a national, bipartisan political action committee representing Indian-Americans. He is also the founder of the Alliance for US India Business (AUSIB), an organization dedicated to strengthening economic ties between the US and India. He is also a successful technology entrepreneur, mentor, and investor.

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