How to Regulate Artificial Intelligence the Right Way: State of AI and Ethical Issues

The current artificial intelligence (AI) systems are regulated by other existing regulations such as data protection, consumer protection and market competition laws. It is critical for governments, leaders, and decision makers to develop a firm understanding of the fundamental differences between artificial intelligence, machine learning, and deep learning. Artificial intelligence (AI) applies to computing systems designed to perform tasks usually reserved for human intelligence using logic, if-then rules, and decision trees. AI recognizes patterns from vast amounts of quality data providing insights, predicting outcomes, and making complex decisions. Machine learning (ML) is a subset of AI that utilises advanced statistical techniques to enable computing systems to improve at tasks with experience over time.