OpenAI CEO Warns Excessive Regulation Could Impede Progress in Artificial Intelligence Development

Sam Altman, the chief of OpenAI, has spoken out against heavy regulation that could impede the rapid development of artificial intelligence technology. Altman, whose company recently created the ChatGPT bot, believes that there is a need for long-term institutional oversight to regulate the rapidly evolving and expanding field of AI. Speaking at Tel Aviv University in Israel, Altman stressed that his call for oversight was not aimed at the current AI systems. He recognised the possibility of a superintelligence, not well aligned, and referred to the need for a global organisation to audit and license AI models, similar to the International Atomic Energy Agency. Altman’s visit to Israel was part of his global tour to meet national leaders, AI experts, and learn about AI’s applications. OpenAI’s ChatGPT program was praised for its ability to generate essays and poems from the briefest prompts. However, critics raised the alarm over the possibility of chatbots potentially flooding social media with disinformation or AI-powered automation affecting entire industries.