CEO of OpenAI Warns of Quitting Europe Due to New AI Regulations

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OpenAI, an artificial intelligence (AI) company led by CEO Sam Altman, may leave the European Union due to the proposed AI legislation on the bloc. During a fireside chat at University College London, Altman urged the regulator to alter certain aspects of the new rules or risk loosing OpenAI’s presence from the EU.

Under the current regulations, OpenAI predicts they may be required to designate their large AI models such as ChatGPT and GPT-4 as “high risk”, which would come with additional safety measures. While Altman said the intentions of the law are not inherently flawed, he commented that “subtle details here really matter” and that OpenAI may have to cease operations in the EU if they are unable to comply with the regulations.

Altman proposed a more moderate approach between the current EU approach and that of the US, stating that it should be taken into consideration. During an on-stage interview, he discussed the dangers of AI-generated disinformation that could have an effect in the 2024 US election and pointed out that social media platforms play a larger role in this than AI language models. Altman ended on a positive note, expressing his optimism and his faith for a future world where the benefits of AI would far outnumber the risks.

OpenAI is also working on a five-year research project on universal basic income that will conclude next year, which Altman proposed may be use to be to examine the possible implications of wealth redistribution.

Sam Altman is the CEO of OpenAI, the leading artificial intelligence company, dedicated to benefiting humanity with safe and advanced AI technology. He has served in various roles in the company which he co-founded in 2015, including Chief Executive Officer, board chair, and President. He’s also an early investor in companies such as Airbnb, Lyft, and Stripe, and a frequent speaker on the subject of Artificial Intelligence.

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OpenAI is a research and technology laboratory founded in 2015 on the mission to make sure that advances in artificial intelligence benefit humanity as a whole. OpenAI researchers and engineers develop technology for the benefit of all and research trains machines to work for humanity’s benefit. They advocate for responsible use of AI, and are a leader in researching and developing safe and advanced AI technologies that benefit humanity.

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