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UK announce of a new AI Safety Institute and funding for supercomputers and quantum computers

Jung Min-seo by Jung Min-seo
October 27, 2023
in Tech
0

FintechZoom > Business > Tech > UK announce of a new AI Safety Institute and funding for supercomputers and quantum computers

The Prime Minister’s announcement of a new AI Safety Institute and funding for supercomputers and quantum computers is a very welcome step forward.

AI safety is a critically important issue, and it is one that is often overlooked in the rush to develop new AI technologies. The creation of an AI Safety Institute will help to raise awareness of the risks of AI and to promote research into ways to mitigate those risks.

Supercomputers and quantum computers will be essential tools for AI development, but they can also be used to develop more dangerous AI systems. The fact that these resources will be made available to businesses is a good thing, but it is important to ensure that they are used safely and responsibly.

Also read: The Anonymity Factor: Exploring the Guarantee of Security and Integrity through Cryptography.

I hope that the new AI Safety Institute will work closely with businesses and other stakeholders to develop guidelines and best practices for the safe development and use of AI. I also hope that the government will continue to invest in AI safety research, as this is an area where there is still much work to be done.

Here are some specific ways in which the AI Safety Institute could be helpful:

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  • Conducting research on technical AI safety problems, such as how to ensure that AI systems are aligned with human values and how to prevent them from becoming harmful.
  • Developing educational materials and training programs on AI safety for researchers, developers, and policymakers.
  • Advocating for policies and regulations that promote the safe development and use of AI.
  • Working with businesses and other stakeholders to develop guidelines and best practices for AI safety.

UK corporate boards need to step up their governance approach to be ready for artificial intelligence (AI)

The Chartered Governance Institute UK and Ireland (CGIUKI) has warned that UK corporate boards need to step up their governance approach to be ready for artificial intelligence (AI).

In a report published in October 2023, the CGIUKI said that AI is having a transformative impact on businesses of all sizes, and that corporate boards need to be prepared for the ethical and legal challenges that this presents.

The report made a number of recommendations for corporate boards, including:

  • Establish a clear vision for AI: Boards need to have a clear understanding of how AI will be used within their organisation, and they need to ensure that it is aligned with the organisation’s overall strategy and values.
  • Develop an AI governance framework: Boards need to develop a framework for governing AI, which should include policies and procedures for the development, use, and monitoring of AI systems.
  • Identify and manage the risks of AI: Boards need to identify and manage the risks associated with AI, such as the risk of bias, the risk of job displacement, and the risk of cyberattacks.
  • Ensure that AI is used ethically and responsibly: Boards need to ensure that AI is used in an ethical and responsible manner, and that it is aligned with the organisation’s values.

The CGIUKI report is a timely reminder that corporate boards need to take AI governance seriously. AI is a powerful technology that can have a significant impact on businesses, and it is important that boards are prepared for the challenges and opportunities that it presents.

Here are some of the specific ethical and legal challenges that AI presents:

  • Bias: AI systems can be biased, which can lead to discrimination against certain groups of people.
  • Job displacement: AI is automating many tasks that are currently performed by humans, which could lead to job displacement.
  • Cybersecurity: AI systems could be vulnerable to cyberattacks, which could have serious consequences for businesses and their customers.
  • Privacy: AI systems can collect and process a large amount of data, which could raise privacy concerns.

Corporate boards need to be aware of these challenges and develop policies and procedures to address them. Boards also need to ensure that their AI systems are used in a fair, transparent, and accountable manner.

What is a quantum computer?

A quantum computer is a computer that harnesses the power of quantum mechanics to solve problems that are too complex for classical computers.

Classical computers use bits, which can be either 0 or 1. Quantum computers use qubits, which can be in a superposition of both 0 and 1 at the same time. This means that quantum computers can perform calculations on multiple values simultaneously, which can lead to exponential speedups for certain types of problems.

Quantum computers are still in their early stages of development, but they have the potential to revolutionize many industries, including medicine, materials science, and finance.

Quantum computers are very different from classical computers in a number of ways. First, qubits are much more fragile than bits. They are easily disrupted by environmental noise, such as heat and vibration. This is why quantum computers need to be kept in very cold and isolated environments.

Second, quantum computers are much more difficult to program than classical computers. This is because quantum algorithms are often very complex and difficult to understand.

Despite these challenges, there has been significant progress in quantum computing research in recent years. A number of companies are now developing quantum computers that are capable of solving real-world problems.

Here are some of the potential applications of quantum computers:

  • Drug discovery
  • Material science
  • Financial modeling
  • Artificial intelligence
  • Cybersecurity

Quantum computers are still in their early stages of development, but they have the potential to revolutionize many industries. I am excited to see how quantum computing develops in the coming years.

What’s the difference Between a quantum computer and a supercomputer?


Quantum computers and supercomputers are both powerful machines that can be used to solve complex problems. However, there are some key differences between the two technologies.

Supercomputers are the fastest computers in the world, but they use traditional computing methods. This means that they are limited by the laws of classical physics.

Quantum computers use the principles of quantum mechanics to perform calculations. This gives them the potential to solve certain types of problems much faster than supercomputers.

Here is a table that summarizes the key differences between quantum computers and supercomputers:

FeatureQuantum computerSupercomputer
Underlying technologyQuantum mechanicsClassical physics
Processing unitQubitBit
Type of computationParallelSequential
StrengthsExcels at problems involving superposition and entanglementExcels at problems that can be broken down into smaller, independent tasks
WeaknessesStill in early stages of development, error rates are highVery expensive to build and maintain
Potential applicationsDrug discovery, material science, artificial intelligence, cybersecurityWeather forecasting, climate modeling, molecular dynamics simulations

Which type of computer is better depends on the specific problem that needs to be solved. For problems that can be broken down into smaller, independent tasks, supercomputers are still the best option. However, for problems that involve superposition and entanglement, quantum computers have the potential to be much faster.

Google works in a Quantum computer?


Yes, Google is working on quantum computers. Google’s quantum computing research team, Google Quantum AI, is developing quantum processors and algorithms.

In 2019, Google announced that it had achieved quantum supremacy with its Sycamore quantum processor. This means that the Sycamore processor was able to perform a calculation that would be impossible for a classical computer to perform in a reasonable amount of time.

Google Quantum AI is currently working on developing more powerful quantum processors and algorithms. The team is also working on developing tools and resources to make quantum computing more accessible to researchers and developers.

Google is not the only company working on quantum computers. Other companies, such as IBM, Microsoft, and Intel, are also developing quantum computing technologies. However, Google is one of the leaders in the field.

Google believes that quantum computing has the potential to revolutionize many industries, including medicine, materials science, and finance. The company is committed to developing quantum computing technologies that can be used to solve real-world problems.

What is the Price of a Quantum computer?

The price of a quantum computer varies depending on its size and capabilities. Small-scale quantum computers can cost around $10-$15 million, while larger and more powerful quantum computers can cost upwards of $50 million.

In addition to the cost of the hardware, there are also the costs of software and maintenance to consider. Quantum software is still in its early stages of development, so it can be expensive. Quantum computers also require specialized cooling and environmental controls, which can add to the cost of operation.

Despite the high cost, quantum computers are becoming more affordable as the technology matures. More companies are entering the quantum computing market, and this competition is driving down prices.

Here are some examples of the current pricing of quantum computers from different companies:

  • IBM Quantum System One: $10 million
  • D-Wave 2000Q: $15 million
  • Rigetti Computing Aspen-8: $4 million
  • IonQ A-System: $3 million

It is important to note that these prices are for the hardware only. The cost of software and maintenance can add significantly to the overall cost of owning and operating a quantum computer.

Conclusion

Overall, the price of quantum computers is still high, but it is becoming more affordable as the technology matures. Quantum computers have the potential to revolutionize many industries, so the investment is worth it for companies that can afford it.

Tags: D-Wave 2000QIBM Quantum System OneIonQ A-SystemQuantum computerRigetti Computing Aspen-8
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Jung Min-seo

Jung Min-seo

Jung Min-Seo is a staff writer covering technology for FintechZoom. Contact: [email protected]

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