Trust in AI technology and the companies that develop it is dropping, in both the U.S. and around the world, according to new data from Edelman shared first with Axios.

Why it matters: The move comes as regulators around the world are deciding what rules should apply to the fast-growing industry. “Trust is the currency of the AI era, yet, as it stands, our innovation account is dangerously overdrawn,” Edelman global technology chair Justin Westcott told Axios in an email. “Companies must move beyond the mere mechanics of AI to address its true cost and value — the ‘why’ and ‘for whom.’”

    • TheOgreChef@lemmy.world
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      10 months ago

      The same idiots that tried to tell us that NFTs were “totally going to change the world bro, trust me”

      • lightnegative@lemmy.world
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        10 months ago

        The NFT concept might work well for things in the real world except it has to usurp the established existing system which is never gonna happen.

        I, for one, would love to be able to encode things like property ownership in a NFT to be able to transfer it myself instead of throwing money at agents, lawyers and the local authorities to do it on my behalf.

        What NFT’s ended up as was of course yet another tool for financial speculation. And since nothing of real world utility gets captured in the NFT, its worth is determined by trust me bro

    • Azal
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      10 months ago

      I mean, public trust is dropping. Which meant it went from “Ugh, this will be useless” to “Fuck, this will break everything!”

    • RememberTheApollo_@lemmy.world
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      10 months ago

      I was going to ask this. What was there to trust?

      AI repeatedly screwed things up, enabled students to (attempt to) cheat on papers, lawyers to write fake documents, made up facts, could be used to fake damaging images from personal to political, and is being used to put people out of work.

      What’s trustworthy about any of that?