Introduction
Most people may accept and adapt to AI monitoring their health and shopping habits in the upcoming years. It, however, raises concerns about privacy and the potential for abuse of individuals’ data, even if AI methods are used to identify people who wish to remain anonymous. Using publicly available information to infer and generate personal information about individuals and then making decisions may have far-reaching consequences for those individuals. It can cause future harm, particularly to the most vulnerable members of society. If the AI technology has clear goals in the narrow sense of exhibiting goal-oriented behavior, such as predicting cigarette purchases and fast-food consumption increases to warn the respective individual, this will be acceptable.
Discussion
Laws intended to protect our way of life should evolve in response to the advent of AI technology. People will have an easier time going about their daily lives due to the new laws, which will significantly impact their quality of life. It will give people the tools to adapt to a constantly changing and complicated world without stress. AI will reduce human error in various fields, including transportation, industry, healthcare, and others (Neapolitan, 2018). Respondents are optimistic that AI will help to improve and enhance their daily lives. AI technology will save time and lives in various ways, including improved health, risk reduction, and poverty reduction. Developing AI laws improves people’s lives by encouraging creativity and broadening horizons, increasing the value of interpersonal interactions, augmenting human potential, and increasing people’s sense of purpose.
One of the most important laws I will enact to protect consumer data requires open data collection. Businesses must be open and honest with their customers about what personal information is being collected and why (Lippi et al., 2020). In addition, I would pass legislation requiring accurate and timely credit reporting. The accuracy of a person’s credit report is critical because it is used to determine interest rates on loans and credit cards.
Conclusion
As a result, the law would restrict access to consumers’ credit reports and prohibit lenders from providing inaccurate information. Consumer data protection is critical, and these two laws would provide it.
References
Lippi, M., Contissa, G., Jablonowska, A., Lagioia, F., Micklitz, H.-W., Palka, P., Sartor, G., & Torroni, P. (2020). The force awakens: Artificial intelligence for consumer law. Journal of Artificial Intelligence Research, 67, 169–190. Web.
Neapolitan, R. E. (2018). Contemporary Artificial Intelligence (2nd ed.). Boca Raton, FL: Chapman and Hall.