Well, AI is here. Rachel Sklar is a writer, entrepreneur, and tech advisor who wants to help you catch up on where AI is at, frame the larger issues, and share useful applications for today.
On October 30, President Biden issued an executive order on safety and on AI guard rot rails. This is indicative of the fact that there is mainstream adoption. The good news is that this took so little time to actually happen. Given the juxtaposition with how long it took for social media to be regulated and all the damage we saw that certain social media companies were able to cause. But a caution here is that an executive order only goes so far. And legislation is the thing. And unfortunately, we are looking at a Congress that is extremely distracted right now.
Furthermore, companies have flocked to Congress to talk about how AI needs to be regulated now that they have been established as the leaders in the space. It is actually very good and smart for companies to ask to be regulated. Because when you ask to be regulated, then it's very easy to color within the lines. It's very easy for you who've already established your position to then throw roadblocks back at people coming up behind you, because they have to adhere to regulations where you didn't necessarily have to do so in your assent. And it can become a lot easier to defend against lawsuits. Lawsuits happen after harm is done. And when you look at the court, we have currently, I would say that it is not necessarily a labor friendly court, a consumer friendly court, it's very friendly to corporate freedom.
I think it's really useful to if you're going to hire consultants to bring in a few different voices because everybody comes in with their own biases. Then, start slow, and test it out and bring your workforce in to it. Because if your workforce feels like you're giving them a tool, and maybe even a toy, then it will be better for all. That is one of the biggest black eyes, I've seen on rollouts thus far. BuzzFeed, announced that it was going to do AI, you know, AI generated articles, right as like the stock was tanking. I perceived it as pretty tragic considering where BuzzFeed was and what a leader BuzzFeed was. However, had that integration been done in a much more mindful way, in a way that could support its writers, it could have been different. Buzzfeed was always trying new things. And BuzzFeed was always bringing in other content under the guise of this or that through its community posts. It's just, it's just hard. Workers are right to be skeptical and nervous, and unions do not like it.
Generally speaking, one of the reasons I felt like I wanted to get on the crypto-NFT-web3 bandwagon was this feeling that I don't want to be left behind. I don't want women to be left behind. And, women are actually a huge driver of the social internet. If you can't get women adopting, then you're not going to grow.
The exception, of course, is in funding. Who gets funded and use these tools to get funded and moves forward are bros. So if there is a new tool out there, and it's only been shared by bros or it's only you know, perceived to be valuable, by bros. It's not going to grow the way they want but people don't believe that. It just comes down to bias but also women don't have time to play around. Like I have a kid, I have to, you know, make money. The reason that I immersed in this was because it was core to my general worldview and my financial wellness.
We always have to be mindful of who is behind the technology that we're using? What do they want from it? Is it reliable? What are they doing with our data? Same concerns, always same concerns, always. And as a flipside, there's a media literacy piece to it, too, when we see images from across the world, in a global conflict. Who's generating those images, who has shared them? What is there an agenda behind that?
I wanna talk a little bit about regulation. And the companies that have, you know, flocked to Congress to talk about how AI needs to be regulated now that they have been established as the leaders in the space, right, it's actually very good and smart for companies to ask to be regulated. Because when you ask to be regulated, then it's very easy to color within the lines. And it's very easy for you who've already established your position to then throw roadblocks back at people coming up behind you, because they they have to adhere to regulations where you didn't necessarily have to do so in your assent. And it Keno it becomes a lot easier to defend against lawsuits. Lawsuits happen after harm is done. And when you look at the court, we have currently, I would say that it is not necessarily a labor friendly court, a consumer friendly court, it's very friendly to corporate freedom.
