Europe’s Take on Artificial Intelligence: Will Regulations Scare Away OpenAI?

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The European Union is taking on the issue of artificial intelligence (AI) and its implications in the near future. One particular AI company, OpenAI, has received attention as its CEO, Sam Altman, has raised concerns about the tough regulations potentially coming from the EU. During a visit to both Paris and London, Altman had addressed this issue. His proposals, presented to members of the U.S. Congress last week, included safe standards for high-capacity AI models; independent audits of creators; and a federal agency to control licences.

OpenAI is a leading AI company and one that is renowned for its ethical stance and commitment to making sure AI is developed responsibly. Founded in 2015 by a group of Silicon Valley technology luminaries, the company researches and develops innovative AI-driven technologies and products of the highest standard. OpenAI’s groundbreaking work includes developing artificial general intelligence (AGI) and creating models for robotics and natural language processing.

Sam Altman is the Presidente of Y Combinator and the co-founder and former CEO of OpenAI. Altman is also part of The President’s Council of Advisors on Science and Technology at the White House. He has been called to testify before Congress multiple times in his career and his work is focused on innovating new technology, creating sustainable ecosystems for business growth, and promoting ethical technology development. Altman believes that regulations on AI should be clear and should take a proactive role in protecting the public.

See also  Exploring the Future with AI: Sam Altman's Interview on ET Conversations

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