As deepfake technology becomes increasingly sophisticated, governments worldwide are grappling with how to regulate it effectively. But could regulation intended to protect us actually stifle beneficial innovation?
In this article for AI Journal, Mike Shaw and Graeme Murray explore the answer to this question by examining:
- The dual nature of deepfakes – from entertainment and education to misinformation and fraud
- Current regulatory approaches across different jurisdictions
- The real risks: election interference, financial fraud, and reputational damage
- The innovation dilemma: How overly broad regulation could hinder legitimate AI development
- Practical solutions: Technical standards, transparency requirements, and sector-specific approaches
As Mike and Graeme argue, the key is crafting "smart" regulation that protects against malicious use while preserving space for beneficial applications. Getting this balance right will be crucial for the future of AI innovation.