Posted 12/22/2023, 3:36:20 PM
APIs Fuel $14 Trillion Economy and Enable AI boom, Raising Policy Questions Around Risks
- APIs power much of the modern internet and the $14 trillion "API economy"
- Standards organizations regulate technical aspects of APIs, while laws like GDPR govern security and privacy
- Generative AI like ChatGPT has changed the API landscape by enabling new ways to create and integrate APIs
- AI companies are using APIs to distribute their products widely
- The creativity of generative AI poses new challenges in controlling risks