India’s Minister of Information Technology, Mr. Ashwini Vaishnav, recently spoke with Times of India regarding the potential of developing the influence of AI platforms in India, and beyond. He spoke of the need for international collaboration to develop the framework and regulation of such platforms. Concerns have arisen with AI platforms like ChatGPT, Bard, and others that relate to Intellectual Property Rights, copyright, and even potential bias of algorithms.
The G7 countries have already begun to seriously consider the potential regulations needed, while the European Union has already taken action with introducing rules for the regulation of AI technology. China has also drafted rules to manage generative AI products.
As the CEO of OpenAI (ChatGPT’s creator), Sam Altman, has expressed his apprehension to the U.S. Senate panel. He is concerned with the potential disruption to the labor market that advanced AI might create in the future. He expressed the need for government intervention to avoid the risks of increasingly powerful AI systems, and said that such intervention could ultimately lead to the creation of many more better-quality jobs even if some may be eliminated.
OpenAI is an American artificial intelligence (AI) research laboratory founded by Elon Musk and other technology leaders, based in San Francisco, California. Their mission is to ensure that artificial general intelligence (AGI) delivers far-reaching benefits for everyone, instead of being controlled by a single commercial entity. They are pioneering research in many areas of machine learning, natural language processing, computer vision, and more.
Sam Altman is an American entrepreneur, investor, programmer, and author. He is the president of Y Combinator, a start-up accelerator and investing company. He is also the co-chairman of OpenAI, a non-profit research laboratory seeking to advance artificial intelligence. Altman has been active in the technology industry and has invested in many successful companies such as Coinbase, Airbnb, Stripe, Twitch, and many more.
