It doesn’t matter whether we regulate or stifle artificial intelligence.

By: Trademagazin Date: 2025. 01. 23. 11:15

By the end of last year, global AI investments had reached the $500 billion mark, but this is just the beginning, as artificial intelligence is well on its way to becoming a mainstream technology in every sector. However, as it penetrates more and more areas of everyday life, legal and ethical concerns are also emerging, such as the problem of the AI ”black box”, discrimination and liability.

The European Union was the first in the world to react and create a comprehensive regulatory framework, approaching the issue on a risk basis, but critics are calling attention to the fact that excessive and bureaucratic regulations could damage the competitiveness of an already lagging continent. Why is it so important to examine groundbreaking technology from an ethical perspective and how can companies ensure that their developments are not thwarted by the AI Act? The introduction of AI in itself is not good or bad; whether it is ethical or less ethical depends on the purpose and circumstances for which it is used – Stylers Group experts emphasize.

The AI business has taken off

The number of new developments based on artificial intelligence is growing dynamically, last year companies reported a 130% increase in AI budgets in the US market alone compared to 2023. Generative AI solutions are making the most of it, and the most is spent on artificial intelligence in the software and information services segment, as well as in the banking and retail sectors. All signs point to the fact that all technology could be AI-based within a few years. At the same time, more and more ethical doubts are arising regarding the use of artificial intelligence, which are causing increasing concern in parallel with its dynamic rise.

“The exact operation of algorithms is often opaque, their conclusions can be biased or even discriminatory, and there are even examples of AI not shying away from violating ethical norms accepted by humans,”

says Gábor Gönczy, CEO and owner of the information technology company Stylers Group. For example, a recent study pointed to ChatGPT’s ability to deceive humans and try to circumvent commands to stop it, and another artificial intelligence from OpenAI hacked a chess game to win against a stronger opponent – also an AI – even though it had not received any instructions to do so.

“It is not difficult to see that regulating algorithms is a basic condition for us to be able to exploit their almost unlimited potential within a safe and ethical framework,”

adds Gábor Gönczy.