OpenAI CEO Sam Altman is scheduled to address the US Congress on Tuesday, May 5, 2023 at hearing before the Judiciary Committee’s sub-committee on Privacy, Technology, and the Law. He is expected to advocate for the consideration of mandatory licensing for companies involved in the development of powerful artificial intelligence (AI), including the technology behind ChatGPT.
In the prepared remarks obtained by Reuters, Altman emphasized the need for regulations that specifically target AI systems with advanced capabilities. He stressed the importance of holding businesses accountable for adhering to safety standards, conducting thorough testing, and disclosing the results of their AI development efforts.
Altman also highlighted the competitive nature of the AI industry, with companies vying for market share in a rapidly advancing field. He argued that regulation is crucial to ensure the responsible and ethical development of AI technologies.
US policymakers are actively advocating for measures that strike a balance between harnessing the benefits of AI and safeguarding national security while preventing misuse. The upcoming hearing is considered a crucial milestone in establishing effective oversight of AI in the United States. However, reaching a consensus on the best approach to AI regulation remains uncertain.
Christina Montgomery, Chief Privacy and Trust Officer of International Business Machines Corporation, is also expected to address the lawmakers during the hearing.
In a related development, on May 4, 2023, US Vice President Kamala Harris met with top CEOs in the AI sector to discuss concerns about the risks associated with AI. The meeting focused on topics such as the openness of AI systems, the importance of assessing and certifying AI safety and ensuring protection against dangerous actors.
DeFi Report reported that the government and tech CEOs agreed on the need for increased efforts to create and ensure adequate safeguards and protections for AI. However, specific details regarding necessary safeguards and the nature of government engagement were not provided.
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