WISeKey to attend the 2023 Clinton Global
Initiative Meeting to discuss AI advancements and implications; in
collaboration with OISTE.ORG, WISeKey will announce a new
commitment aiming to create an international coalition for the
development of an AI Identity Protection Agent (AIPA)
ZUG, Switzerland – August 16, 2023 – WISeKey International
Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leader in
cybersecurity, AI, Blockchain, and IoT operating as a holding
company, is honored to announce that it is invited to participate
at the 2023 Clinton Global Initiative (CGI) Annual Meeting which
will take place in New York City, from September 18-20, 2023.
In partnership with OISTE, WISeKey will present
a new commitment focused on the development of an AI
Identity Protection Agent (AIPA) that protects humans against AI
abuses.
The focus lies on the unprecedented pace of AI
advancements and the potential emergence of an AI model with
capabilities far surpassing any current technology. The
revolutionary implication is that in mere years, we might encounter
AI likened to a deity.
"Imagine… three years from now, halfway through
the projected timeline to the possible emergence of a 'god-like' AI
entity. Leading AI companies are making significant progress
towards this ambition, and society stands at a pivotal crossroads.
As policymakers, ethicists, and technologists, what measures should
be adopted to ensure the safe and ethical progression of AI
research? Consider the potential benefits and existential threats
of such an AI. How can we balance innovation with precaution, and
what global collaborations or frameworks might be necessary to
guide us through the next phase of AI evolution?" said Carlos
Moreira, CEO of WISeKey.
The new commitment to be presented by WISeKey
and OISTE.ORG this year focuses on an international coalition
cooperation aiming to develop an AI Identity Protection Agent
(AIPA) - designed to safeguard users from malicious AI
interactions. It acts as an intermediary between users and AI
platforms, verifying AI authenticity and encrypting user data. The
system filters out sensitive user data, translates AI responses to
user-friendly formats, and alerts users to suspicious AI
behaviors.
It's particularly useful for digital
transactions, social media, emails, and interactions with AI
assistants. AIPA relies on layered security, including encryption
and blockchain, and constantly updates its threat database.
However, challenges include rapidly evolving AI threats and
potential false positives. Future enhancements could include cloud
integration and quantum encryption.
Key points of consideration:
- Unprecedented AI Capabilities: Current AI
models, like OpenAI’s GPT series or Google's BERT, have been
transformative across various sectors. The projection is that the
next generation of AI could eclipse human capabilities in every
domain.
- Potential Dangers including loss of
control: Ultra-advanced AI might operate unpredictably,
leading to inscrutable decisions with possible catastrophic
outcomes.
- Ethical Misalignments: An AI of such magnitude
could possess values misaligned with human ethics, potentially
lacking empathy and moral considerations.
- Economic and Security Concerns: With the power
to render industries obsolete and potential weaponization, such AI
poses significant threats to economic stability and global
security.
- Existential Threats: The overarching danger of
a god-like AI could be its potential to perceive humanity as
dispensable.
Echoing its longstanding commitment to the digital
realm, in 2006, WISeKey pledged at CGI to provide digital identity
management and transaction platforms, aiming to amplify digital
connectivity for underserved populations. More details can be found
here
https://www.clintonfoundation.org/commitment/clinton-global-initiative/increasing-digital-connectivity-to-the-poor/.
The project, initiated in 2006 with OISTE and CGI,
sought to provide 1 billion digital identities to those
underserved. With a fifth of the global population lacking proper
legal identification, this initiative aimed to bridge the gap,
ensuring equitable access to vital services like education and
healthcare.
WISeKey's WISeID platform, incorporates
cutting-edge technologies, aligns with the UN's Sustainable
Development Goals, and aims to provide tamper-proof digital
identities to every global citizen by 2030.
The CGI 2023 meeting will highlight new
"Commitments to Action™" alongside updates on previous CGI
commitments. Since 2005, CGI has introduced over 3,700 commitments,
positively impacting more than 435 million lives across 180+
countries.
"WISeKey and the Swiss OISTE.ORG Foundation have
championed global cybersecurity for decades. We're proud to renew
our CGI commitment,” concluded Mr. Moreira.
In the Go-Like AI age, the rights to digital
identification for humans and privacy are fundamental yet
endangered. The need is pressing for a human-rights-based approach
that sees each online individual as worthy of respect. As
technology races ahead, WISeKey and its partners endeavor to ensure
that advancements benefit humanity as a whole.
About WISeKey:
WISeKey International Holding Ltd ("WISeKey",
SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity,
digital identity, and IoT solutions platform. It operates as a
Swiss-based holding company through several operational
subsidiaries, each dedicated to specific aspects of its technology
portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES),
which focuses on semiconductors, PKI, and post-quantum technology
products, (ii) WISeKey SA which specializes in RoT and PKI
solutions for secure authentication and identification in IoT,
Blockchain, and AI, (iii) WISeSat AG which focuses on space
technology for secure satellite communication, specifically for IoT
applications, and (iv) WISe.ART Corp which focuses on trusted
blockchain NFTs and operates the WISe.ART marketplace for secure
NFT transactions.
Each subsidiary contributes to WISeKey's mission
of securing the internet while focusing on their respective areas
of research and expertise. Their technologies seamlessly integrate
into the comprehensive WISeKey platform. WISeKey secures digital
identity ecosystems for individuals and objects using Blockchain,
AI, and IoT technologies. With over 1.6 billion microchips deployed
across various IoT sectors, WISeKey plays a vital role in securing
the Internet of Everything. The company's semiconductors generate
valuable Big Data that, when analyzed with AI, enable predictive
equipment failure prevention. Trusted by the OISTE/WISeKey
cryptographic Root of Trust, WISeKey provides secure authentication
and identification for IoT, Blockchain, and AI applications. The
WISeKey Root of Trust ensures the integrity of online transactions
between objects and people. For more information on WISeKey's
strategic direction and its subsidiary companies, please visit
www.wisekey.com.
Press and investor contacts:
WISeKey International Holding Ltd Company Contact: Carlos Moreira
Chairman & CEO Tel: +41 22 594 3000 info@wisekey.com |
WISeKey Investor Relations (US) Contact: Lena Cati The Equity Group
Inc. Tel: +1 212 836-9611 lcati@equityny.com |
Disclaimer:
This communication expressly or implicitly
contains certain forward-looking statements concerning WISeKey
International Holding Ltd and its business. Such statements involve
certain known and unknown risks, uncertainties, and other factors,
which could cause the actual results, financial condition,
performance, or achievements of WISeKey International Holding Ltd
to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. WISeKey International Holding Ltd is providing this
communication as of this date and does not undertake to update any
forward-looking statements contained herein as a result of new
information, future events or otherwise. This press release does
not constitute an offer to sell, or a solicitation of an offer to
buy, any securities, and it does not constitute an offering
prospectus within the meaning of article 652a or article 1156 of
the Swiss Code of Obligations or a listing prospectus within the
meaning of the listing rules of the SIX Swiss Exchange. Investors
must rely on their own evaluation of WISeKey and its securities,
including the merits and risks involved. Nothing contained herein
is, or shall be relied on as, a promise or representation as to the
future performance of WISeKey.
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