OpenAI, the artificial intelligence (AI) development company, is warning European officials in Brussels about upcoming regulations regarding AI technologies. The company’s CEO Sam Altman believes that there are many potential concerns with the plan. He warned that OpenAI’s GTP-4 general-purpose AI technology could be too heavily restricted if the regulations are too restrictive.
Google CEO Sundar Pichai echoed Altman’s sentiments in his own visit to European capitals this week. He urged for regulations that don’t hinder innovation and create “guardrails” for AI regulation.
The EU AI Act, which is expected to be finalized in the next year, will be one of the world’s most comprehensive regulation packages for AI technologies.
OpenAI was founded in 2015 by notable individuals including Elon Musk and Sam Altman. The San Francisco based company’s mission is to develop trustworthy AI systems which have a positive effect for humankind. OpenAI is actively involved in research, development, and education of Artificial Intelligence technology and is an advocate for ethical corporate AI practice. OpenAI makes sure to prioritize safety and ethics when creating AI systems and develops them to complete stringent tasks while staying within the confines of ethical and moral guidelines.
Sam Altman is a Canadian–American entrepreneur, investor, programmer and business executive. He is the co-founder and president of OpenAI. Altman has held notable positions such as CEO of leading startup accelerator, Y Combinator, CEO of loT investment companies, Hattery Labs, CEO of online forum platform, Quora, and as a visiting professor at Stanford University. Altman is also an advisor to a variety of Silicon Valley based technology companies.
