In a recent event hosted by the national daily Economic Times, Sam Altman, CEO of OpenAI, expressed his opposition to regulating smaller AI businesses. Altman made it clear that they are against the regulation of small businesses in the field of artificial intelligence. He stated that The only regulation we’ve called for is on ourselves and larger people. OpenAI is known for developing the chatbot GPT, which they used for various applications.
Altman, on a global tour, recently met with leaders from multiple countries to explore collaboration opportunities in the field of AI. OpenAI has also raised a substantial amount of funding from Microsoft, which valued the company at around $30 billion.
OpenAI’s stance on regulating smaller AI businesses might seem controversial to some, but Altman is firm in his belief that smaller businesses should not be burdened with unnecessary regulation. Instead, the focus should be on regulating larger companies and controlling the market power they hold.
OpenAI is investing heavily in processing capacity, which shows its commitment to the field of AI. With such investment, they could eventually become the leader in the industry globally. This shows the potential the field has for growth and development in the coming years.
In conclusion, OpenAI’s CEO, Sam Altman, is against regulating smaller AI businesses and believes that only larger companies should be regulated. OpenAI’s investment in processing capacity and its collaboration with Microsoft show their commitment to the field of AI. With the advancements made in AI, the potential for further growth and development is enormous, making it an exciting industry to watch.
