Assessing and Managing the Benefits and Risks of Artificial Intelligence in...
Assessing and Managing the Benefits and Risks...
The term “artificial intelligence” colloquially refers to computational processes that perform functions usually completed by people. Today’s AI systems are tools and methods that allow computers to execute rules-based commands (first-wave AI) or use data and machine learning (ML) techniques to categorize information (second-wave AI). First- and second-wave AI is sometimes referred to as “narrow AI.” The Defense Advanced Research Projects Agency discusses the third wave of AI as contextual adaptation, and others often refer to this as “artificial general intelligence” (AGI). Contextual adaptation or AGI is widely believed to be a decade or two away from maturity. However, today’s narrow AI capabilities are growing in sophistication and are increasingly widely deployed.