Ethereum founder Vitalik Buterin says that major political efforts to regulate artificial intelligence could backfire.
Vitalik Buterin said his previous donation to the Future of Life Institute (FLI) does not mean he agrees with the group’s current political stance on AI.
If governments and corporations fight to control the technology, big political campaigns about AI security could lead to authoritarian outcomes or a global backlash, he said.
Buterin clarifies the reference to FLI
The Ethereum founder explained in a lengthy post on X that he joined FLI after the creators of Shiba Inu (SHIB) sent him half of their supply to help promote the meme coin. Shortly after, the value of the paper tokens rose sharply and even exceeded 1 billion dollars.
Buterin said that he thought the bubble would burst soon, so he rushed to exchange some SHIB for ETH and donate the funds to a number of causes. He also gave the remaining half of SHIB to CryptoRelief, an India-focused medical relief effort, and the other half to FLI.
In the end, the institute cashed out about $500 million from SHIB’s donated holding, which was more than Buterin could afford, given the thin trading volume at the time. The developer claims he was sold on FLI based on their roadmap, which covers existing risks across biosecurity, nuclear, and AI, as well as what he calls “pro-peace and epistemic initiatives.”
However, he said, the organization has since shifted its focus to cultural and political action. They justified this change by saying that the situation is no longer the same as in 2021 and that the spread of general artificial intelligence will require changes to better resist the lobbyists of big AI companies.
Concerns about political approaches
Buterin insisted that focusing on regulatory or political campaigns to control AI development could create vulnerable systems or centralized power structures.
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“My concern is that a large coordinated political operation with large pools of money is something that can easily lead to unintended outcomes, provoke reactions and solve problems in a way that is both authoritarian and vulnerable, even if it was not intended to be so in the first place,” he said.
The 32-year-old said restricting biosynthesis tools or AI models by putting up walls “so they don’t stop making bad stuff” is a weak solution that could easily be solved. He added that such strategies could also result in banning open-source systems or backing a “approved” company to undertake AI development.
“Such approaches easily backfire,” Buterin said. “They make the whole world your enemy.”
His proposal is a technological approach aimed at developing defense tools to help society stay safe in a technology-rich world. He noted that his latest funding decisions include nearly $40 million for research to build secure hardware and systems that can improve digital privacy and cybersecurity.
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