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Susan Furnell

Founder at Furnell Consult

Susan Furnell is the founder of FURNELL CONSULT LTD, a consulting company based in London. She has over a decade of experience in the consulting industry, specializing in innovative strategies for market entry, growth, and positioning. Her expertise encompasses navigating disruptive technologies, including areas such as connected home technology, blockchain, and data analytics.123

In addition to her role at FURNELL CONSULT, Susan has been involved in various initiatives aimed at helping companies adapt to Industry 4.0 and digital transformation. She has a strong background in creating opportunities for businesses facing technological disruptions.2 Susan is also recognized for her contributions to developing new business models and enhancing value chains within organizations.

Her educational background includes studies at the University of Warwick, further establishing her credentials in the field.4

Highlights

May 14 · linkedin

Decentralized AI: A Force for Innovation and Freedom

As a strong advocate for decentralized technologies, I have always believed in their potential to revolutionize the way we interact with AI systems. Decentralized AI offers several advantages that are crucial for preserving our rights and liberties in today's technological landscape.

Firstly, decentralized AI systems tend to innovate faster, as they promote a "survival of the fittest" mentality. This means that only the most efficient and user-friendly AI systems will thrive, while those that fail to meet the needs of their users will eventually fade away. This approach contrasts with the monopolistic control exercised by Big Tech and the government, which often leads to slower advancements and erosion of privacy.

Decentralized AI systems also offer an insurance policy for society. By providing alternatives to centralized systems, they create a buffer against the encroachment of government and Big Tech on our privacy and freedoms. Even if not many people choose to use these decentralized options, their mere existence can slow down the rate at which our privacy is being eroded.

Venice.ai has recently launched a user-friendly decentralized AI platform that rivals GPT in functionality. It’s very good, but not always as good as GPT, yet, but that’s just because it is only a few days old and it is astounding for a startup release . Users can access the platform for free or opt for a paid version with more frequent access and "God control" capabilities. This platform serves as an excellent example of how decentralized AI can democratize access to advanced AI technologies.

Some may wonder how I can advocate both decentralization and regulation. The key lies in the fact that technology is inherently neutral, and its impact largely depends on how it is used. With open-source software and guard rails, decentralized AI systems can be trained to ensure responsible usage, while the public can hold AI developers accountable for any missteps. Moreover, the transparency of open-source software allows the community to identify and address any potential issues that may arise from the misuse of AI systems.

Erik Voorhees, the founder of Venice.ai, has written a compelling article on the importance of decentralized AI. In his article, he emphasizes the need for a separation between mind and state, which is crucial for preserving our freedoms and maintaining a balanced relationship between technology and governance. As we move forward in this era of rapidly advancing AI technology, it is essential to embrace decentralized AI as a powerful tool for innovation and a safeguard against the monopolistic control of Big Tech and government entities.

https://lnkd.in/d9CKfT7a

I asked Venice.ai to improve my first draft of this post before publishing it, (because it mainly just elaborated my points from note form, so why not).

Jun 15 · linkedin

CHANGES PASSED YESTERDAY TO THE DRAFT EU AI ACT AND WHAT’S NEXT FOR IT

The draft EU AI act is a proposed regulation on artificial intelligence that aims to ensure legal certainty, promote investment and innovation in AI, enhance governance and effective enforcement of existing law on fundamental rights and safety, and facilitate the development of a single market for AI applications.

The draft EU AI act was published by the European Commission in April 2023 and uses a risk-based approach to classify AI systems into low, medium or high-risk categories, with different legal and technical obligations for each category. Some AI uses are banned outright, such as those that manipulate human behavior or exploit vulnerabilities.

Yesterday, on June 14 2023, the European Parliament's committees for the Internal Market and Liberties and Justice approved compromise amendments for the draft report on the Artificial Intelligence Act. The draft is now ready for the plenary vote in the EU Parliament scheduled for mid-June. Some of the amendments include a ban on the use of AI in biometric surveillance and for generative AI systems like ChatGPT to disclose AI-generated content.

Barrister Rachel Muldoon of Maitland Chambers said yesterday at the London AI summit that if you’re wondering if you will be caught up in the act you probably will be as It is the biggest piece of legislation since GDPR and it seeks to cover any manufacturer, supplier, distributor or user of the technology for use in Europe whether or not the entity is itself in Europe.

She further cautions that although it is unlikely to come into effect until 2025, and won’t be retrospective, the implications on IT systems and processes are considerable and if you don’t start preparing now you will not be ready.

The cost of not being ready is a fine of 6 % of turnover or 30 million Euros, whichever is higher. For a company like Microsoft, which is backing ChatGPT creator OpenAI, it could mean a fine of over $10 billion if found violating the rules However, the draft EU AI act is still subject to negotiations and amendments before it becomes law, so the final amount of the fines may change.

I came across several organisations at The AI summit offering audits of likely compliance and this may be a logical next step for Directors in any doubt.

#artificialintelligence #ai #airegulation

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Susan Furnell
Susan Furnell, photo 1
Susan Furnell, photo 2
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Location

London, England, United Kingdom