Regulation
Stating that “superintelligence will be more powerful than other technologies humanity has had to contend with in the past,” and highlighting the need to “get it right.”
Just days after the popular chatbot went live on its App Store and a few weeks after CEO Tim Cook expressed the companies outlook on the tech.
During a Senate committee hearing, Altman expressed that his greatest fear is that AI could cause significant harm to the world and that he is open to working with regulators to mitigate that risk.
Proposing that AI be banned from rewriting literary material, not used as source material, and that existing protected material be excluded from system learning.
Additionally, the CEOs of Google, Microsoft, OpenAI, and Anthropic have been called upon to meet with Vice President Kamala Harris to discuss key issues surrounding the technology.
Nate Chastain, who was charged with wire fraud and money laundering, now faces up to 40 years in prison for illegally using confidential information to buy and sell digital collectibles.
With the rate of advancement in public use AI, regulators around the world scramble to position safeguards without stifling growth.
Tied to a recently drafted bill surrounding stablecoin framework that was published in the House of Representatives document repository days before the planned hearing.
Meanwhile, countries like Italy have banned ChatGPT, and others like Canada, Germany, France, and Sweden share concerns about the rapidly evolving tech.
Unanimously approved by the state’s Senate, bill C.S.S.B. 1751 would see power conservation awards granted to miners drastically reduced and limited.
