OpenAI CEO Sam Altman recently suggested that US legislation should be created to regulate AI tools, at a Senate Judiciary Committee hearing. His statement was backed up by IBM’s Chief Privacy and Trust Officer Christina Montgomery and New York University professor emeritus Gary Marcus. Altman highlighted the need for transparency when it comes to tools like OpenAI’s Chat GPT by urging the policy makers to ensure people know when they are talking to an AI.
In response, some states in the US have legislated AI profiling. These states, including California, Colorado, Connecticut, Virginia, and New York City, have outlawed the use of AI profiling for making life-changing decisions such as granting loan and other financial offers. Consumers must opt-in before their data can be collected. It is also compulsory for businesses to provide risk assessments and explain the potential risks and benefits of the AI tool. An agency is needed to enforce such regulations.
The European Union (EU) is taking steps to further limit the use of facial recognition in public, with some members even working on a total ban. They also require transparency with the programming of generative AI tools.
OpenAI was founded in 2015 with a goal to develop Artificial General Intelligence (AGI). It also focuses on maximizing the amount of good artificial intelligence can do in the world. As a leading research lab, its mission is to ensure that Artificial Intelligence (AI) technologies are deployed safely and securely.
Sam Altman is the current CEO and President of OpenAI. He is also known for his career in venture capital and is the co-chairman of Y Combinator, one of the world’s leading seed investors. Altman is an influential figure in the AI world, espousing the potential of these technologies. He has also voiced his concern for the regulative framework surrounding AI, making a plea to lawmakers to develop the necessary safeguards.
