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Y REVIEW OF POLICY OPTIONS
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ARTIFICIAL INTELLIGENCE AND THE INTERNET OF THINGS 15
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16 CAMRI POLICY BRIEFS
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ARTIFICIAL INTELLIGENCE AND THE INTERNET OF THINGS 17
Non-Regulation
AI’s development and its use have already created new businesses
and new services thereby transforming existing ones. As some
job tasks are taken over by algorithms, organisations can oper-
ate more effectively. By evaluating an abundance of data created
by the internet of things, among others, AI is also certain to cre-
ate new knowledge. Arguments against regulation stress that it
is too soon to set down sector-wide regulations for such a nas-
cent field. Regulating AI might hinder further developments and
inbuilt security certainly comes at a cost. However, many industry
voices from Accenture to Elon Musk are asking for oversight and/
or regulation.22
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