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By Ariba Shahid KARACHI, Pakistan Pakistan's rupee has gained 6.1% against the dollar so far in September, following

Tesla titan and multi-billionaire Elon Musk has reportedly warned US senators at a private meeting that unregulated artificial intelligence technology poses a “civilisational risk” to society. Senate majority leader Chuch Schumer convened a meeting of the most prominent tech executives in the US to help pass a bipartisan legislation encouraging both the rapid development of AI technology and also mitigating its biggest risks. The closed-door meeting was attended by some of the tech industry’s biggest names, including Tesla and SpaceX boss Mr Musk, Meta’s Mark Zuckerberg, former Microsoft chief Bill Gates, Alphabet’s Sundar Pichai, as well as OpenAI founder Sam Altman. As Mr Musk left the Capitol building following several hours of the meeting, he told reporters that “we have to be proactive rather than reactive” in regulating AI as its consequences of going wrong are “severe”. “The question is really one of civilizational risk. It’s not like … one group of humans versus another. It’s like, hey, this is something that’s potentially risky for all humans everywhere,” he said, according to NBC News. Mr Musk also reportedly called for a government AI agency, similar to the Securities and Exchange Commission or the Federal Aviation Administration to oversee developments in the sector and ensure safety. Leaders in the tech industry also called for a balanced approach towards regulating AI. In his prepared remarks, Mr Zuckerberg said the two defining issues for AI are “safety and access”, adding that the US Congress should “engage with AI to support innovation and safeguards”. “New technology often brings new challenges, and it’s on companies to make sure we build and deploy products responsibly,” the Meta chief said. “This is an emerging technology, there are important equities to balance here, and the government is ultimately responsible for that,” he added. The Facebook founder called for policymakers, academics, civil society and industry to work together to minimise the potential risks of AI, but also to maximise its potential benefits. Some of the measures he suggested for building safeguards into AI systems included “selecting the data to train with, extensively red-teaming internally and externally to identify and fix issues, fine-tuning the models for alignment, and partnering with safety-minded cloud providers to add additional filters to the systems we release”. As lawmakers at the US Capitol Hill interacted with tech giant chiefs about potential AI regulations, companies including Microsoft, OpenAI, Meta, Alphabet, and Amazon were also being probed on the conditions of the workers behind tools like ChatGPT, Bing, and Bard. Lawmakers are reportedly probing the working conditions of data labelers who are tasked by companies, often at outsourced firms, to label data used to train AI and for rating chatbot responses. “Despite the essential nature of this work, millions of data workers around the world perform these stressful tasks under constant surveillance, with low wages and no benefits,” lawmakers, including Elizabeth Warren and Edward Markey, said in a letter to tech executives. “These conditions not only harm the workers, they also risk the quality of the AI systems –potentially undermining accuracy, introducing bias, and jeopardizing data protection,” they said. Read More Elon Musk was on brink of death after catching malaria on South African safari, book claims Fatherhood, rows with Amber Heard and ‘the woke mind virus’: 6 big revelations from Elon Musk’s biography Putin praises Musk as ‘outstanding person’ days after report Tesla boss stopped Ukrainian attack Long-form video content is here to stay, says YouTube UK boss Cybertruck sparked Tesla revolt that saw secret design plan, Musk biography reveals Everything Apple killed off at iPhone 15 event

The Dominican Republic has partially reopened its border with Haiti to limited commercial activity nearly a month after shuttering the frontier amid an ongoing spat over construction of a canal targeting water from a shared river

Iga Swiatek saved two match points to reach her first Wimbledon quarter-final on Sunday, battling back to beat Belinda Bencic...

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James Mangold made it clear that Shia LaBeouf's character was not absent from the movie because of the actor's comments

NYON, Switzerland--(BUSINESS WIRE)--Oct 23, 2023--

Miami rookie running back De’Von Achane returned to practice Monday after missing the past four games with a knee injury

The struggling New York Giants have traded defensive end Leonard Williams to the NFC West-leading Seattle Seahawks for a pair of draft picks, according to a person with knowledge of the trade said Monday

A new draft law that would enshrine harsh punishments for women and girls who fail to wear a hijab in Iran could amount to "gender apartheid," UN experts said in a statement on Friday.

SAN FRANCISCO--(BUSINESS WIRE)--Nov 9, 2023--