News Report Technology
September 25, 2023

OpenAI CEO Advocates for Responsible AI Regulation, Admits Potential Risks

In Brief

Sam Altman addressed AI issues during an AI event hosted by the charitable foundation of Terry Gou, the founder of Foxconn.

OpenAI CEO Advocates for Responsible AI Regulation, Admits Potential Risks

OpenAI CEO Sam Altman, recently voiced his perspective on the significance of regulating AI technologies during his visit to Taiwan’s Taipei. Amidst growing global concerns over the rapid advancements in AI, Altman stressed the importance of regulatory frameworks while acknowledging the potential for regulatory missteps.

Altman, a prominent figurehead of OpenAI backed by tech giant Microsoft, addressed these issues during an AI event hosted by the charitable foundation of Terry Gou, founder of Foxconn — a major supplier to Apple.

Altman acknowledged the global efforts to introduce AI regulations, with Britain scheduled to host a global AI safety summit in November. The summit aims to delve into the challenges posed by cutting-edge AI technology and explore ways to bolster both national and international regulatory frameworks.

Expressing his perspective on AI regulation, Altman cautioned against the industry’s tendency to criticize regulation.

“People in our industry bash regulation a lot. We’ve been calling for regulation, but only of the most powerful systems,” said Altman.

He specifically highlighted the necessity of regulating AI models that surpass the capabilities of models like GPT-4 by a factor of 10,000 and those that approach the intelligence level of human civilization.

In a departure from the reflexive anti-regulation sentiment often prevalent in the tech sector, Altman also acknowledged the positive aspects of regulation.

Drawing an analogy to the aviation industry, he stated, “I don’t want to have to make an opinion about every time I step on an airplane how safe it’s going to be, but I trust that they’re pretty safe, and I think regulation has been a positive good there.”

Altman emphasized that while the potential for regulatory missteps exists, the tech industry should not be apprehensive about regulation.
“It is possible to get regulation wrong, but I don’t think we sit around and fear it. In fact, we think some version of it is important,” he said.

Terry Gou, who is currently running as an independent candidate for Taiwan’s next presidency, attended the forum but did not address the audience on this occasion.

As global concerns about the impact of AI continue to grow, industry leaders like Sam Altman are increasingly recognizing the importance of a balanced approach to AI regulation that fosters innovation while addressing potential risks.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Victor is a Managing Tech Editor/Writer at Metaverse Post and covers artificial intelligence, crypto, data science, metaverse and cybersecurity within the enterprise realm. He boasts half a decade of media and AI experience working at well-known media outlets such as VentureBeat, DatatechVibe and Analytics India Magazine. Being a Media Mentor at prestigious universities including the Oxford and USC and with a Master's degree in data science and analytics, Victor is deeply committed to staying abreast of emerging trends. He offers readers the latest and most insightful narratives from the Tech and Web3 landscape.

More articles
Victor Dey
Victor Dey

Victor is a Managing Tech Editor/Writer at Metaverse Post and covers artificial intelligence, crypto, data science, metaverse and cybersecurity within the enterprise realm. He boasts half a decade of media and AI experience working at well-known media outlets such as VentureBeat, DatatechVibe and Analytics India Magazine. Being a Media Mentor at prestigious universities including the Oxford and USC and with a Master's degree in data science and analytics, Victor is deeply committed to staying abreast of emerging trends. He offers readers the latest and most insightful narratives from the Tech and Web3 landscape.

Hot Stories

Will NFTs Come Back or Crash in 2025?

by Victoria d'Este
January 21, 2025

2025 and Beyond: What’s Next for Blockchain Technology?

by Victoria d'Este
January 21, 2025
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Richard Teng: Binance Users Have Saved $1.75B In Remittance Costs Since 2022
News Report Technology
Richard Teng: Binance Users Have Saved $1.75B In Remittance Costs Since 2022
January 21, 2025
Will NFTs Come Back or Crash in 2025?
Opinion Business Markets Technology
Will NFTs Come Back or Crash in 2025?
January 21, 2025
2025 and Beyond: What’s Next for Blockchain Technology?
Opinion Business Markets Technology
2025 and Beyond: What’s Next for Blockchain Technology?
January 21, 2025
BitSmiley Activates Testnet For ZetaChain-Powered bitUSD And Launches Celebration Campaign With 300K SMILE In Rewards  
News Report Technology
BitSmiley Activates Testnet For ZetaChain-Powered bitUSD And Launches Celebration Campaign With 300K SMILE In Rewards  
January 21, 2025