Microsoft Economist Warns Bad Actors Will Use AI to Cause Damage

May 3, 2023, 8:46 AM UTC

Artificial intelligence will be dangerous in the hands of unscrupulous people, according to Microsoft Corp. Chief Economist Michael Schwarz.

“I am confident AI will be used by bad actors, and yes it will cause real damage,” Schwarz said during a World Economic Forum panel in Geneva on Wednesday. “It can do a lot damage in the hands of spammers with elections and so on.”

WATCH: Microsoft Corp. Chief Economist Michael Schwarz says he is confident that artificial intelligence will be used by “bad actors to cause damage.”
Source: Bloomberg

AI “clearly” must be regulated, he said, but lawmakers should be cautious and wait until the technology causes “real harm.”

Artificial intelligence tools have come under increased scrutiny as their use exploded in recent months ...

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